REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

29/06/2021 10:05

RNS Number : 3901D
  
Serco Group PLC
  
29 June 2021
  
 

29 June 2021
Serco Group plc
Legal Entity Identifier: 549300PT2CIHYN5GWJ21


 
INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2 PENCE EACH IN THE COMPANY ('Ordinary Shares') 
 
On 25 June 2021, conditional share awards ('CSAs') granted to David Dacquino on 25 June 2018 under the 2009 Serco Performance Share Plan, vested.  In connection with the vest, Ordinary Shares were sold to satisfy tax liabilities and dealing costs. A summary of the Ordinary Shares acquired, sold and retained is set out below.
 



Name of PDMR


Grant date of award


Vest date of award


Number of Ordinary Shares acquired through vesting CSAs 


Number of Ordinary Shares sold to cover costs


Number of Ordinary Shares retained




David Dacquino, 
CEO Serco Americas


25 June 2018


25 June 2021


518,128


153,542


364,586



 
The price for the disposal of the Ordinary Shares was £ 1.29965 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 this transaction 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 
 


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 ('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 acquisition of Ordinary Shares pursuant to the vest of conditional share awards granted on 25 June 2018 under the Company's 2009 Performance Share Plan.




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




N/A


518,128








d) 
 


Aggregated information 


















- Aggregated volume


518,128














- Price


N/A














e) 
 


Date of the transaction 
 


25 June 2021




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 and dealing costs following the vesting of conditional share awards over Ordinary Shares on 25 June 2021 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£1.29965


153,542








d) 
 


Aggregated information 


















- Aggregated volume


153,542














- Price


£199,550.86














e) 
 


Date of the transaction 
 


25 June 2021




f) 
 


Place of the transaction 


London Stock Exchange (XLON)



 

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