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

SercoAnnouncement

23/05/2017 09:10

RNS Number : 9453F
Serco Group PLC
23 May 2017
23 May 2017
Serco Group plc
Legal Entity Identifier: 549300PT2CIHYN5GWJ21
INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ACCORDANCE WITH ARTICLE 19 OF THE EU MARKET ABUSE REGULATION 596/2014
Serco Group plc ('Serco' or 'the Company'), the international service company, announces that a conditional share award over 47,770 ordinary shares of 2p each in the Company (ISIN: GB0007973794), granted to David Eveleigh on 29 May 2015, under the Serco Performance Share Plan (PSP), vested on 22 May 2017. The share award was awarded to David in connection with his appointment to the Company to compensate for non-performance share awards forfeited by his previous employer. The number of shares sold to meet associated tax and NIC liabilities arising on vesting and the number of vested shares retained is set out below:
Name
Position
No. of shares vested
No. of shares sold to satisfy associated tax and NIC liability
Share price of shares sold (p)
No. of vested shares retained
David Eveleigh
Group General Counsel & Company Secretary
47,770
22,532
120.56
25,238
 
The vesting of the above share award took place outside of a trading venue. The share sale transaction took place on the London Stock Exchange (XLON) on 22 May 2017.
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This information is provided by RNS
The company news service from the London Stock Exchange
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