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

RNS Number : 9516J
Serco Group PLC
03 July 2017

3 July 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

Following the 30 June 2017 exercise of vested options that were granted on 27 June 2014 under the 2009 Serco Performance Share Plan ("PSP"), as notified on the same day, the notification that follows reflects the changes in the interests of Persons Discharging Managerial Responsibilities (PDMRs) in Ordinary Shares of the Company arising from the sale or withholding of Ordinary Shares to meet tax liabilities.

Transaction notification

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

b)

Initial notification /Amendment

Initial notification

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

Ordinary shares of 2 pence each ("Ordinary Shares")



Identification code

ISIN: GB0007973794



b)

Nature of the transaction

The sale of Ordinary Shares to meet tax liabilities for the exercise of options granted which vested on 27 June 2017 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)







Price(s)

Volume(s)




1.158566

36,308







d)

Aggregated information




- Aggregated volume

36,308



- Price

42,065.21



e)

Date of the transaction

30/06/2017

f)

Place of the transaction

London Stock Exchange (XLON)


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