Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')
On 6 June 2023, under the terms of the Intertek 2021 Long Term Incentive Plan (the 'Plan') Colm Deasy, Chief Financial Officer and PDMR received the following rights to acquire ordinary shares of 1p each (the 'Shares') in the Company.
| Name
| Number of LTIP Shares |
| Colm Deasy | 15,508 |
The LTIP Shares shall normally vest three (3) years from the grant date, subject to continued employment with the Intertek Group and are further subject to the achievement of performance targets and holding requirements as per the Group's Remuneration Policy. The awards were granted on the basis of an average share price of £42.234.
No consideration was paid for the grant of the awards. No price is payable on the vesting of the awards.
Following this notification, Colm Deasy has a total interest under all share plans of 21,740 shares.
This announcement, including the notifications below, is made in accordance with DTR 3.1.2-A, incorporating article 19(1) of the Market Abuse Regulation.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name | 1. Colm Deasy | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | 1. Chief Financial Officer and PDMR | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Intertek Group plc | ||||||
| b) | LEI | 2138003GAT25WW1RN369 | ||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a) | Description of the financial instrument, type of instrument
Identification code | Ordinary 1p shares
ISIN: GB0031638363
| ||||||
| b) | Nature of the transaction | Grant of right to acquire shares under the Intertek 2021 Long Term Incentive Plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information
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| e) | Date of the transaction | 2023-06-06 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
For further information in respect of this announcement please contact:
Ida Woodger, Group Company Secretary +44 (0)207 396 3475
Date of notification: 7 June 2023
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