QinetiQ Group PLC

Remuneration Information • Jul 1, 2013

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RNS Number : 3327I

QinetiQ Group plc

01 July 2013

QinetiQ Group plc

1 July 2013

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR THEIR CONNECTED PERSONS

1.         Grant of Awards under Deferred Annual Bonus Plan

On 28 June 2013 Executive Directors were granted awards of Ordinary Shares of 1p ('Shares') under the QinetiQ Group plc Deferred Annual Bonus Plan ('DAB') as summarised below:

Director	Number of Shares awarded under the Deferred Award	Maximum potential number of Shares under the Matching Award
David Mellors	157,196	157,196
Leo Quinn	247,129	247,129

There is no exercise price applicable for the above awards.  The Deferred Awards, and the Matching Awards to the extent that they meet the performance target, will normally vest on 28 June 2016.  The Deferred Awards relate to pre-tax bonus and were based on a market value of 180.4p per share.

The DAB operates as follows:

Executive Directors have a mandatory deferral of 50% of any bonus earned into a restricted, deferred award of Shares under the DAB.  At the same time, the Company grants a matching award of Shares, up to a maximum match of 100% of the deferred award.  Vesting of the matching award occurs after three years, subject to the achievement of EPS-based performance conditions, up to a maximum match of one Share for each Share deferred.

2.         Grant of Awards under Performance Share Plan

On 28 June 2013 Executive Directors were granted awards of Ordinary Shares of 1p ('Shares') under the QinetiQ Group plc 2012 Performance Share Plan ('PSP') as summarised below:

Director	Maximum potential number of Shares under the PSP Award	% of Issued Share Capital
David Mellors	300,000	0.0454%
Leo Quinn	471,631	0.0714%

There is no exercise price applicable for the above awards.  To the extent that they meet the performance target, the awards will normally vest on 28 June 2016.

Vesting of the awards occurs after three years, subject to the achievement of the following performance conditions:

(i)        50% of an award is subject to an Earnings per Share target set over a three year performance period; and

(ii)       50% of an award is subject to Total Shareholder Return measured over a three year performance period.

As a result of the grant of the Deferred Awards detailed above, the aggregate number of Shares held beneficially by the Executive Directors (across all accounts) is as follows:

David Mellors:  374,641 Shares (0.0567% of the Company's issued share capital)

Leo Quinn:  1,560,913 Shares (0.2363% of the Company's issued share capital)

This notification is made pursuant to rule 3.1.4R of the FSA Disclosure Rules and Transparency Rules.

END

For further information:

Jon Messent, Company Secretary, QinetiQ Group plc

David Bishop, Investor Relations, QinetiQ Group plc

01252 392000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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