REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

08/03/2019 15:55

RNS Number : 3625S
Serco Group PLC
08 March 2019
 


 
8 March 2019
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 6 March 2019, Scott Ashby exercised 25,388 nominal-cost options, granted on 27 June 2014, and 74,335 nominal-cost options, granted on 29 May 2015, under the 2009 Serco Performance Share Plan which vested on 27 June 2017 and 29 May 2018, respectively. The resultant 99,723 shares were sold on 6 March 2019 at £1.372 per share. The notification of dealing forms can be found below.
 
Transaction notification
 




1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


Scott Ashby




2
 


Reason for the notification
 




a)
 


Position/status
 


Interim CEO, Serco Middle East




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 and 29 May 2015 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


0.02


25,388


 




 


 


0.02


74,335


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


99,723




 


 




- Price


£1,994.46




 


 




e)
 


Date of the transaction
 


6 March 2019




f)
 


Place of the transaction


N/A




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 over Ordinary Shares on 6 March 2019 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


£1.37200


99,723


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


99,723




 


 




- Price


£136,819.96




 


 




e)
 


Date of the transaction
 


6 March 2019




f)
 


Place of the transaction


London Stock Exchange (XLON)




 
 




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