REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

12/04/2019 16:25

RNS Number : 1066W
Serco Group PLC
12 April 2019
 


 
12 April 2019
Serco Group plc ('Serco' or 'the Company')
Legal Entity Identifier: 549300PT2CIHYN5GWJ21


 
 
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2p EACH IN THE COMPANY ('Shares')
 
Following the vesting of conditional share awards ('CSAs') granted to a PDMR on 6 April 2016 under the 2009 Serco Performance Share Plan ('PSP') on 8 April 2019, details of the Shares received and the automatic sale of Shares to satisfy tax liabilities are provided below.
 



PDMR


Number of CSAs vesting


Number of Shares sold




David Dacquino
Chairman and CEO Serco Americas


149,663


45,208



  
The price for the disposal of the Shares was 124.23 pence per Share.
 
This announcement is made in accordance with the requirements of the EU Market Abuse Regulation 596/2014.   The notification of dealing forms can be found below.
 
Transaction notification
 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


David Dacquino




2
 


Reason for the notification
 




a)
 


Position/status
 


Chairman and CEO Serco Americas




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 acquisition of Ordinary Shares pursuant to the vest of conditional share awards granted on 6 April 2016 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















N/A


149,663






























d)
 


Aggregated information


















- Aggregated volume


149,663














- Price


N/A














e)
 


Date of the transaction
 


8 April 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 automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards over Ordinary Shares on 8 April 2019 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















£1.2423


45,208






























d)
 


Aggregated information


















- Aggregated volume


45,208














- Price


£1.2423














e)
 


Date of the transaction
 


8 April 2019




f)
 


Place of the transaction


London Stock Exchange (XLON)



 
 
 




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