REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

23/06/2020 15:15

RNS Number : 8341Q
  
Serco Group PLC
  
23 June 2020
  
 

23 June 2020
Serco Group plc (the 'Company') 
Legal Entity Identifier: 549300PT2CIHYN5GWJ21


 
INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2p EACH IN THE COMPANY ('Ordinary Shares') 
 
On 19 June 2020, Kevin Craven exercised nominal-cost options granted under the 2009 Serco Performance Share Plan and, on the same date, sold the full balance of Ordinary Shares acquired. 
 
A summary of the Ordinary Shares acquired and sold is set out below.
 



Name of PDMR


Grant date of award


Vest date of award


Number of Ordinary Shares acquired


Ordinary Shares sold 




Kevin Craven, CEO, UK & Europe


6 April 2017


6 April 2020


220,000


220,000



 
The price for the disposal of the Ordinary Shares was £1.5425 per Share.
 
This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.
 
The notification of dealing forms for these transactions can be found below.
 
Transaction notification
 
 



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 ('the Company')




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 2017 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£0.02


220,000








d) 
 


Aggregated information 


















- Aggregated volume


220,000














- Price


£4,400














e) 
 


Date of the transaction 
 


19 June 2020




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 19 June 2020 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£1.5425


220,000








d) 
 


Aggregated information 


















- Aggregated volume


220,000














- Price


£339,350 














e) 
 


Date of the transaction 
 


19 June 2020




f) 
 


Place of the transaction 


London Stock Exchange (XLON)



 
 
 


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