QinetiQ Group PLC — Remuneration Information 2016

Jul 1, 2016

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RNS Number : 9878C

QinetiQ Group plc

01 July 2016

QinetiQ Group plc

1 July 2016

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

Grant of Award under Performance Share Plan

On 1 July 2016 the following Executive Director was granted an award 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
Steve Wadey	476,190	0.08%

There is no exercise price applicable for the above award.  To the extent that it meets the performance targets, the award will normally vest on 1 July 2019.

Vesting of the award 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.

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

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