Intertek Group PLC Director/PDMR Shareholding (5128O)

TIDMITRK

RNS Number : 5128O

Intertek Group PLC

01 June 2020

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')

On 29 May 2020, under the terms of the Intertek 2011 Long Term Incentive Plan (the 'Plan'), André Lacroix, Chief Executive Officer and PDMR, and Ross McCluskey, 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 
 André Lacroix       44,900 
                      ------------- 
   Ross McCluskey         17,612 
                      -------------

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 GBP53.94.

No consideration was paid for the grant of the awards. No price is payable on the vesting of the awards.

Following this notification, André Lacroix has a total interest under all share plans of 190,073 shares and Ross McCluskey has a total interest of 51,813 shares.

This announcement, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        1. André Lacroix 
                                   2. Ross McCluskey 
     -------------------------- 
 2    Reason for the notification 
 a)   Position/status             1. Chief Executive Officer and PDMR 
                                   2. Chief Financial Officer and PDMR 
     -------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
 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              Ordinary 1p shares 
       the financial 
       instrument, type 
       of instrument 
                                   ISIN: GB0031638363 
       Identification 
       code 
     -------------------------- 
 b)   Nature of the               Grant of right to acquire shares under the 
       transaction                 Intertek 2011 Long Term Incentive Plan 
 c)   Price(s) and volume(s)                    Price(s)    Volume(s) 
                                            1.   GBP 53.94    44,900 
                                               ----------  ---------- 
                                            2.   GBP 53.94    17,612 
                                               ----------  ---------- 
     -------------------------- 
 d)   Aggregated information             Price(s)    Volume(s) 
                                     1.   GBP 53.94    44,900 
                                         ----------  ---------- 
                                     2.   GBP 53.94    17,612 
                                         ----------  ---------- 
 e)   Date of the transaction     2020-05-29 
     -------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  -------------------------------------------

For further information in respect of this announcement please contact:

Fiona Evans, Group Company Secretary +44 (0)207 396 3428

Date of notification: 1 June 2020

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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