REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

02/07/2021 07:00

RNS Number : 9328D
  
Serco Group PLC
  
02 July 2021
  
 

2 July 2021
Serco Group plc
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 1 July 2021 and 30 June 2021 respectively, Rupert Soames and Nigel Crossley exercised nominal-cost options, granted under the 2009 Serco Performance Share Plan and, on the same date, sold Ordinary Shares to satisfy tax liabilities and dealing costs. 
 
On 30 June 2021, David Eveleigh and Anthony Kirby exercised nominal-cost options, granted under the 2009 Serco Performance Share Plan and, on the same date sold Ordinary Shares, retaining a balance of 40,311 and 129,211 Ordinary Shares respectively from the exercise as set out below.  David Eveleigh's remaining balance of 40,311 shares was transferred to his spouse for nil consideration.   
 
A summary of the Ordinary Shares acquired, sold and retained in respect of each PDMR is set out below. 
 



Name of PDMR


Grant date of award


Vest date of award


Number of Ordinary Shares acquired


Ordinary Shares sold 


Share price (GBP) 


Number of Ordinary Shares retained




Rupert Soames, Group Chief Executive


25 June 2018


25 June 2021


1,760,471


843,850


1.385


916,621




Nigel Crossley, Group Chief Financial Officer


25 June 2018


25 June 2021


152,100


72,930


1.3572


79,170




6 April 2017


6 April 2020


86,654


41,550


1.3572


45,104




6 April 2016


6 April 20219


119,436


57,269


1.3572


62,167




29 May 2015


29 May 2018


70,124


33,624


1.3572


36,500




David Eveleigh,
Group General Counsel & Company Secretary


25 June 2018


25 June 2021


300,311


260,000


1.3572


40,311 (transferred to spouse)




Anthony Kirby, Group Chief Operating Officer


25 June 2018


25 June 2021


546,482


417,271


1.3572


129,211



 
 
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 


Rupert Soames




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 


Group Chief Executive




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 25 June 2018 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£0.02


1,760,471








d) 
 


Aggregated information 


















- Aggregated volume


1,760,471














- Price


£35,209.42
 














e) 
 


Date of the transaction 
 


1 July 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 sale of Ordinary Shares to satisfy tax liabilities and dealing costs following the exercise of nominal-cost options over Ordinary Shares on 1 July 2021 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£1.385


843,850








d) 
 


Aggregated information 


















- Aggregated volume


843,850














- Price


£1,168,732.25














e) 
 


Date of the transaction 
 


1 July 2021
 




f) 
 


Place of the transaction 


London Stock Exchange (XLON)



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 


Nigel Crossley




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 exercise of nominal-cost options over Ordinary Shares granted on 29 May 2015, 6 April 2016, 6 April 2017 and 25 June 2018 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£0.02


70,124




£0.02


119,436




£0.02


86,654




£0.02


152,100








d) 
 


Aggregated information 


















- Aggregated volume


428,314














- Price


£8,566.28














e) 
 


Date of the transaction 
 


30 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 sale of Ordinary Shares to satisfy tax liabilities and dealing costs following the exercise of nominal-cost options over Ordinary Shares on 30 June 2021 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£1.3572


33,624




£1.3572


57,269




£1.3572


41,550




£1.3572


72,930








d) 
 


Aggregated information 


















- Aggregated volume


205,373














- Price


£278,732.24














e) 
 


Date of the transaction 
 


30 June 2021




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 & 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 exercise of nominal-cost options over Ordinary Shares granted on 25 June 2018 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£0.02


300,311








d) 
 


Aggregated information 


















- Aggregated volume


300,311














- Price


£6,006.22














e) 
 


Date of the transaction 
 


30 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 sale of Ordinary Shares following the exercise of nominal-cost options over Ordinary Shares on 30 June 2021 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£ 1.3572
 


260,000








d) 
 


Aggregated information 


















- Aggregated volume


260,000














- Price


£ 352,872.00














e) 
 


Date of the transaction 
 


30 June 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 transfer of 40,311 Ordinary Shares to Spouse for nil consideration. 
 
No change in beneficial ownership
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£ 0.00


40,311








d) 
 


Aggregated information 


















- Aggregated volume


40,311














- Price


£ 0.00














e) 
 


Date of the transaction 
 


30 June 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 
 
 


The exercise of nominal-cost options over Ordinary Shares granted on 25 June 2018 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£0.02


248,241




£0.02


298,241








d) 
 


Aggregated information 


















- Aggregated volume


546,482














- Price


£10,929.64














e) 
 


Date of the transaction 
 


30 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 sale of Ordinary Shares following the exercise of nominal-cost options over Ordinary Shares on 30 June 2021 under the Company's 2009 Performance Share Plan.
 




c) 
 


Price(s) and volume(s) 





Price(s)


Volume(s)




£1.3572


119,030




£1.3572


298,241








d) 
 


Aggregated information 


















- Aggregated volume


417,271














- Price


£566,320.20














e) 
 


Date of the transaction 
 


30 June 2021




f) 
 


Place of the transaction 


London Stock Exchange (XLON)



 

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