RNS Number : 9969Z Intertek Group PLC 06 September 2018
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')
On 5 September 2018, Intertek Group plc ('the Company') was notified of the following transaction which took place in London with respect to Ross McCluskey, Chief Financial Officer of the Company and a PDMR, relating to the vesting of share awards.
Following the vesting of awards of shares under the Intertek Deferred Share Plan the subsequent number of Ordinary Shares of 1p each (the 'Shares') in the capital of the Company were, respectively, acquired and cash settled to cover tax and NI liabilities, on 5 September 2018.
Total number of shares vesting
3,083
Shares cash settled for tax
1,450
Number of shares acquired after deductions for Tax and NI
1,633
Percentage of issued class acquired
0.0010%
Price per share
£50.56
Total holding following notification
1,813
Total percentage holding following notification
0.0011%
This announcement, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.
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)
b)
c)
d) Aggregated information
e)
f)
Description of the
Ordinary 1p shares
financial
instrument, type
of instrument
ISIN: GB0031638363
Identification code
Nature of the
(1) The total number of shares on vesting under
transaction
the Intertek Deferred Share Plan and (2) Shares
cash settled to cover tax liabilities on vesting.
2018-09-05
London Stock Exchange, Main Market - XLON
Price(s) volume(s)
and
Price(s)
Volume(s)
Total number of shares on vesting
GBP 50.56
3,083
Shares cash settled to cover tax liabilities on vesting
GBP 50.56
1,450
Price(s)
Volume(s)
Total number of shares on vesting
GBP 50.56
3,083
Shares cash settled to cover tax liabilities on vesting
GBP 50.56
1,450
Date of transactionthePlace of transactionthe
For further information in respect of this announcement please contact:
Fiona Evans, Group Company Secretary +44 (0) 207 396 3428
Date of notification: 6 September 2018
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 contactrns@lseg.com or visitwww.rns.com.
END
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Intertek Group plc published this content on 06 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 September 2018 12:16:07 UTC
Intertek Group plc is one of the world's leading groups specializing in analysis, control and certification of products and systems. Net sales break down by activity as follows:
- control and certification services for consumer goods (63.4%): including food, pharmaceuticals, textiles, beauty products, consumer electronics, toys, shoes, home appliances, cars. Also, the group is developing an activity to monitor the certification of international standards;
- monitoring and assessment of petroleum and agricultural products (19.9%). Besides, Intertek Group plc offers inspection services to government system and regulators to support commercial activities, contributing to the movement of goods across borders;
- development of quality assurance solutions (16.7%): for the supply chain of oil, gas, nuclear and mining industries.
At the end of 2022, the group operated more than 1,000 inspection offices and laboratories in the world.
Net sales are distributed geographically as follows: the United Kingdom (6.4%), the United States (30%), China and Hong Kong (18.5%), Australia (5.5) and other (39.6%).