REG - Serco Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">SRP.L</Origin>

SercoAnnouncement

19/08/2016 12:51

RNS Number : 3217H
Serco Group PLC
16 August 2016
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Angus Cockburn
2
Reason for the notification
a)
Position/status
Group Chief Financial Officer (PDMR)
b)
Initial notification /Amendment
Initial 
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name 
Serco Group plc
b)
LEI
549300PT2CIHYN5GWJ21
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 the financial instrument, type of instrument
Identification code
Ordinary shares of 2p each
GB0007973794
b) 
Nature of the transaction
Sale of 11,071 shares to cover PAYE/NI liabilities arising on the vesting and release of 23,837 shares under a conditional share award granted under the Performance Share Plan. This award was granted to compensate for non-performance share awards forfeited by the previous employer on Angus joining Serco Group plc.
c) 
Price(s) and volume(s)
Price(s)
Volume(s)
130.2p
11,071
d)
Aggregated information
- Aggregated volume
- Price
- Aggregated total
11,071 
130.2p
14,414.44
e)
Date of the transaction
2016-08-15
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Rupert Soames
2
Reason for the notification
a)
Position/status
Group Chief Executive Officer (PDMR)
b)
Initial notification /Amendment
Initial 
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name 
Serco Group plc
b)
LEI
549300PT2CIHYN5GWJ21
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 the financial instrument, type of instrument
Identification code
Ordinary shares of 2p each
GB0007973794
b) 
Nature of the transaction
Sale of 13,761 shares to cover PAYE/NI liabilities arising following the vesting and release of 29,628 shares under a conditional share award granted under the Performance Share Plan. This award was granted to compensate for non-performance share awards forfeited by the previous employer on Rupert joining Serco Group plc.
c) 
Price(s) and volume(s)
Price(s)
Volume(s)
130.2p
13,761
d)
Aggregated information
- Aggregated volume
- Price
- Aggregated total
13,761
130.2p
17,916.82
e)
Date of the transaction
2016-08-15
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
David Eveleigh
2
Reason for the notification
a)
Position/status
Group General Counsel and Company Secretary (PDMR)
b)
Initial notification /Amendment
Initial 
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name 
Serco Group plc
b)
LEI
549300PT2CIHYN5GWJ21
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 the financial instrument, type of instrument
Identification code
Ordinary shares of 2p each
GB0007973794
b) 
Nature of the transaction
Sale of 24,412 shares to cover PAYE/NI liabilities arising following the vesting and release of 55,046 shares under a conditional share award granted under the Performance Share Plan. This award was granted to compensate for non-performance share awards forfeited by the previous employer on David joining Serco Group plc.
c) 
Price(s) and volume(s)
Price(s)
Volume(s)
130.2p
24,412
d)
Aggregated information
- Aggregated volume
- Price
- Aggregated total
24,412
130.2p
31,784.42
e)
Date of the transaction
2016-08-15
f)
Place of the transaction
London Stock Exchange (XLON)

This information is provided by RNS
The company news service from the London Stock Exchange
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