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

SercoAnnouncement

21/12/2017 09:20

RNS Number : 0567A
Serco Group PLC
21 December 2017
21 December 2017
Serco Group plc (the Company)
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
On 19 December 2017, the PDMR named below exercised vested nil-cost options that were granted on 31 October 2014 under the 2009 Serco Performance Share Plan (PSP) and vested on 31 October 2017. The notification below reflects the changes in the interests of the PDMR in Ordinary Shares of the Company arising from the exercise of options and sale of Ordinary Shares to meet tax liabilities.
Transaction notification
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Angus Cockburn
2 
Reason for the notification 
a) 
Position/status 
Chief Financial Officer
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 exercise of nil-cost options over Ordinary Shares granted on 31 October 2014 under the Company's 2009 Performance Share Plan.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
N/A
56,356
d) 
Aggregated information 
- Aggregated volume
53,356
- Price
N/A
e) 
Date of the transaction 
19 December 2017
f) 
Place of the transaction 
N/A
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Angus Cockburn
2 
Reason for the notification 
a) 
Position/status 
Chief Financial Officer
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 nil-cost options granted on 31 October 2014 under the Company's 2009 Performance Share Plan.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
0.9740
27,197
d) 
Aggregated information 
- Aggregated volume
27,197
- Price
26,489.88
e) 
Date of the transaction 
19 December 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
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