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

RNS Number : 6309A
Serco Group PLC
29 December 2017

29 December 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

On 29 December 2017, the PDMR named below exercised vested nominal-cost options that were granted on 27 June 2014 under the 2009 Serco Performance Share Plan (PSP) and vested on 27 June 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.

Transaction notification

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Irwin

2

Reason for the notification

a)

Position/status

CEO AsPac

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 nominal-cost options over Ordinary Shares granted on 27 June 2014 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

33,782







d)

Aggregated information




- Aggregated volume

33,782



- Price

N/A



e)

Date of the transaction

29 December 2017

f)

Place of the transaction

N/A

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Irwin

2

Reason for the notification

a)

Position/status

CEO AsPac

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

c)

Price(s) and volume(s)







Price(s)

Volume(s)




0.9920

33,782







d)

Aggregated information




- Aggregated volume

33,782



- Price

33,513.26



e)

Date of the transaction

29 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
END
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