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

RNS Number : 2595X
Serco Group PLC
22 November 2017

22 November 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 21 November 2017 exercise of vested options that were granted on 27 June 2014 under the 2009 Serco Performance Share Plan ('PSP') and vested on 27 June 2017, the following notification received on 21 November 2017 reflects the changes in the interests of PDMRs in Ordinary Shares of the Company arising from the sale of Ordinary Shares to meet tax liabilities:

Transaction notification

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Guy Leach

2

Reason for the notification

a)

Position/status

Risk & Acquisitions Director

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 following the exercise of options granted on 27 June 2014 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)







Price(s)

Volume(s)




0.9820

23,570







d)

Aggregated information




- Aggregated volume

23,570



- Price

23,145.74



e)

Date of the transaction

21 November 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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