REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

13/11/2018 10:15

RNS Number : 1811H
Serco Group PLC
13 November 2018
 


 
13 November 2018
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 9 November 2018, Rupert Soames and Angus Cockburn exercised nominal-cost options that were granted on 29 May 2015 under the 2009 Serco Performance Share Plan (PSP) and vested on 29 May 2018. 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 and option costs.
 
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 exercise of nominal-cost options over Ordinary Shares granted on 29 May 2015 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















N/A


827,855






























d)
 


Aggregated information


















- Aggregated volume


827,855














- Price


N/A














e)
 


Date of the transaction
 


9 November 2018




f)
 


Place of the transaction


N/A



 



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 and option costs following the exercise of nominal-cost options over Ordinary Shares on 9 November 2018 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















£0.9570


399,661






























d)
 


Aggregated information


















- Aggregated volume


399,661














- Price


£382,487.57














e)
 


Date of the transaction
 


9 November 2018




f)
 


Place of the transaction


London Stock Exchange (XLON)



 
 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


Angus Cockburn




2
 


Reason for the notification
 




a)
 


Position/status
 


Group 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 nominal-cost options over Ordinary Shares granted on 29 May 2015 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















N/A


426,101






























d)
 


Aggregated information


















- Aggregated volume


426,101














- Price


N/A














e)
 


Date of the transaction
 


9 November 2018




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
 


Group 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 and option costs following the exercise of nominal-cost options over Ordinary Shares on 9 November 2018 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















£0.9570


209,895






























d)
 


Aggregated information


















- Aggregated volume


209,895














- Price


£200,875.81














e)
 


Date of the transaction
 


9 November 2018




f)
 


Place of the transaction


London Stock Exchange (XLON)



 




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