REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

08/04/2021 14:00

RNS Number : 8677U
  
Serco Group PLC
  
08 April 2021
  
 

 
8 April 2021
Serco Group plc (the 'Company') 
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 April 2021, pursuant to the earlier voluntary deferral of a proportion of their 2020 annual bonus and, in accordance with the rules of the Serco Group plc 2019 Deferred Bonus Plan ('the Plan'), ordinary shares of 2 pence each ('Investment Shares') were acquired on behalf of the PDMRs.  
 
On the same day, following the acquisition of the Investment Shares and in accordance with the rules of the Plan, the Company granted conditional share awards ('Matching Share Awards') to the PDMRs. 
 
Details of each transaction are summarised in the table below.    
 



PDMR


Investment Shares 
Purchased


Matching Share Awards granted




David Eveleigh, 
Group General Counsel & Company Secretary


54,593


207,456




Mark Irwin,
CEO UK and Europe


70,413


267,572




Anthony Kirby,
Group Chief Operating Officer


55,642


211,444



 
The Matching Share Awards have a normal vesting date of 6 April 2024 and vesting is conditional on continued employment, the continued holding of the Investment Shares, and the satisfaction of an EPS performance measure tested over the relevant three-year performance period. 
 
Transaction notification
 
 



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 & 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 
 
 


Purchase of Ordinary Shares




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















£1.4103


54,593






























d) 
 


Aggregated information 


















- Aggregated volume


54,593














- Price


£ 76,992.51














e) 
 


Date of the transaction 
 


6 April 2021




f) 
 


Place of the transaction 


London Stock Exchange (XLON)
 




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 grant of conditional share awards on 6 April 2021 under the Serco Group plc 2019 Deferred Bonus Plan.




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















n/a


207,456






























d) 
 


Aggregated information 


















- Aggregated volume


207,456














- Price


n/a














e) 
 


Date of the transaction 
 


6 April 2021




f) 
 


Place of the transaction 


n/a



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 


Mark Irwin




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


CEO UK and 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 
 
 


Purchase of Ordinary Shares




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















£1.4103


70,413






























d) 
 


Aggregated information 


















- Aggregated volume


70,413














- Price


£ 99,303.45














e) 
 


Date of the transaction 
 


6 April 2021




f) 
 


Place of the transaction 


London Stock Exchange (XLON)
 




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 grant of conditional share awards on 6 April 2021 under the Serco Group plc 2019 Deferred Bonus Plan.




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















n/a


267,572






























d) 
 


Aggregated information 


















- Aggregated volume


267,572














- Price


n/a














e) 
 


Date of the transaction 
 


6 April 2021




f) 
 


Place of the transaction 


n/a



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 


Anthony Kirby




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Group Chief Operating 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 
 
 


Purchase of Ordinary Shares




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















£1.4103


55,642






























d) 
 


Aggregated information 


















- Aggregated volume


55,642














- Price


£ 78,471.91














e) 
 


Date of the transaction 
 


6 April 2021




f) 
 


Place of the transaction 


London Stock Exchange (XLON)
 




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 grant of conditional share awards on 6 April 2021 under the Serco Group plc 2019 Deferred Bonus Plan.




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















n/a


211,444






























d) 
 


Aggregated information 


















- Aggregated volume


211,444














- Price


n/a














e) 
 


Date of the transaction 
 


6 April 2021




f) 
 


Place of the transaction 


n/a



 

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