REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

08/05/2019 14:00

RNS Number : 4004Y
Serco Group PLC
08 May 2019
 


 
8 May 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 ('Ordinary Shares')
 
Following the vesting of conditional share awards ('CSAs') granted to PDMRs on 3 May 2016 under the 2009 Serco Deferred Bonus Plan ('DBP') on 3 May 2019, details of Ordinary Shares sold to satisfy tax liabilities and the number of Ordinary Shares retained are provided below.
 




PDMR


Number of CSAs vesting


Number of Ordinary Shares sold


Number of Ordinary Shares retained




Rupert Soames,
Group Chief Executive


1,154,540


544,541


609,999




Angus Cockburn,
Group Chief Financial Officer


588,589


283,516


305,073




Kevin Craven,
CEO UK & Europe


96,592


45,559


51,083




David Eveleigh,
Group General Counsel and Company Secretary


39,494


18,629


20,865




  
The price for the disposal of the Ordinary Shares was £1.249672 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


Rupert Soames




2
 


Reason for the notification
 




a)
 


Position/status
 


Group Chief Executive 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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


N/A


1,154,540


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


1,154,540




 


 




- Price


N/A




 


 




e)
 


Date of the transaction
 


3 May 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 granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


£1.249672


544,541


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


544,541




 


 




- Price


£680,497.64




 


 




e)
 


Date of the transaction
 


3 May 2019




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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


N/A


588,589


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


588,589




 


 




- Price


N/A




 


 




e)
 


Date of the transaction
 


3 May 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 granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


£1.249672


283,516


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


283,516




 


 




- Price


£354,302.01




 


 




e)
 


Date of the transaction
 


3 May 2019




f)
 


Place of the transaction


London Stock Exchange (XLON)




 




1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


Kevin Craven




2
 


Reason for the notification
 




a)
 


Position/status
 


CEO UK & Europe




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 vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


N/A


96,592


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


96,592




 


 




- Price


N/A




 


 




e)
 


Date of the transaction
 


3 May 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 granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


£1.249672


45,559


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


45,559




 


 




- Price


£56,933.81




 


 




e)
 


Date of the transaction
 


3 May 2019




f)
 


Place of the transaction


London Stock Exchange (XLON)




 




1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


David Eveleigh




2
 


Reason for the notification
 




a)
 


Position/status
 


Group General Counsel and Company Secretary




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 vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


N/A


39,494


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


39,494




 


 




- Price


N/A




 


 




e)
 


Date of the transaction
 


3 May 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 granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan
 




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


£1.249672


18,629


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


18,629




 


 




- Price


£23,280.14




 


 




e)
 


Date of the transaction
 


3 May 2019




f)
 


Place of the transaction


London Stock Exchange (XLON)




 




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