QinetiQ Group PLC

Director's Dealing • May 28, 2014

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RNS Number : 2225I

QinetiQ Group plc

28 May 2014

QinetiQ Group plc

28 May 2014

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

Vesting of Awards under Value Sharing Plan

QinetiQ Group plc (the "Company") announces that on 27 May 2014 Executive Directors acquired Ordinary Shares of 1p each in the Company ('Shares') as detailed in the table below as a result of the vesting of awards granted on 26 May 2011 under the QinetiQ Value Sharing Plan ("VSP"):

Director	Number of Shares acquired on vesting on 27 May 2014	Number of Shares sold on 27 May 2014	Price per share	Resulting aggregate number of Shares held beneficially (across all accounts)	Total percentage holding
David Mellors	52,848	52,848	195.4671p	376,016	0.057%
Leo Quinn	105,695	NIL	N/A	1,767,600	0.268%

The VSP operates as follows:

The VSP provides executives with a pre-defined number of shares for each £1m of Additional Shareholder Value ("ASV") created.  Two performance measures, a TSR-based measure and a PBT-based measure, are used to determine the ASV created during the three-year performance period.

50% of any awards earned vests on the third anniversary of the date of grant and the remaining 50% vests on the fourth anniversary of the date of grant.

This notification is made pursuant to rule 3.1.4R of the FCA 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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