REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

26/06/2019 10:10

RNS Number : 4883D
Serco Group PLC
26 June 2019
 


 
26 June 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 24 June 2019, Mark Irwin exercised 275,605 nominal-cost options, granted under the 2009 Serco Performance Share Plan on 6 April 2016.  200,000 Ordinary Shares of 2 pence each ('Ordinary Shares') were sold at 138 pence per Ordinary Share to satisfy tax liabilities and dealing costs. The remaining balance of 75,605 Ordinary Shares were retained.
 



Name of PDMR


Grant date of award


Vest date of award


Number of shares exercised


Number of shares sold


Share price


Number of shares retained




Mark Irwin, CEO ASPAC


6 April 2016


8 April 2019


275,605


200,000


138 pence


75,605



 
The notification of dealing forms can be found below.
 
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 6 April 2016 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)





Price(s)


Volume(s)




£0.02


275,605








d)
 


Aggregated information


















- Aggregated volume


275,605














- Price


£5,512,10














e)
 


Date of the transaction
 


24 June 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 to satisfy tax liabilities and dealing costs following the exercise of nominal-cost options over Ordinary Shares on 24 June 2019 under the Company's 2009 Performance Share Plan.
 




c)
 


Price(s) and volume(s)





Price(s)


Volume(s)




£1.38


200,000








d)
 


Aggregated information


















- Aggregated volume


200,000














- Price


£276,000














e)
 


Date of the transaction
 


24 June 2019




f)
 


Place of the transaction


London Stock Exchange (XLON)



 




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