REG - Serco Group PLC - Director/PDMR Shareholding
24 August 2021
Serco Group plc ('Serco' or '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 23 August 2021, conditional share awards ('CSAs') granted on 23 August 2018 under the 2009 Serco Deferred Bonus Plan ('DBP') vested to the following PDMRs. 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. provided below.
PDMR
Number of CSAs vesting
Number of Ordinary Shares sold
Number of Ordinary Shares retained
Rupert Soames,
Group Chief Executive
493,442
232,734
260,708
David Eveleigh,
Group General Counsel and Company Secretary
73,657
34,742
38,915
Anthony Kirby,
Group Chief Operating Officer
38,934
18,364
20,570
Mark Irwin,
CEO UK & Europe
221,281
33,910
187,371
The price for the disposal of the Shares was £1.35472 per Share.
This announcement is made in accordance with the requirements of the EU Market Abuse Regulation 596/2014. The notification of dealing forms 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 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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
493,442
d)
Aggregated information
- Aggregated volume
493,442
- Price
N/A
e)
Date of the transaction
23 August 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 following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.35472
232,734
d)
Aggregated information
- Aggregated volume
232,734
- Price
£ 315,289.40
e)
Date of the transaction
23 August 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 and 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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
73,657
d)
Aggregated information
- Aggregated volume
73,657
- Price
N/A
e)
Date of the transaction
23 August 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 following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.35472
34,742
d)
Aggregated information
- Aggregated volume
34,742
- Price
£47,065.68
e)
Date of the transaction
23 August 2021
f)
Place of the transaction
London Stock Exchange (XLON)
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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
38,934
d)
Aggregated information
- Aggregated volume
38,934
- Price
N/A
e)
Date of the transaction
23 August 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 following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.35472
18,364
d)
Aggregated information
- Aggregated volume
18,364
- Price
£24,878.08
e)
Date of the transaction
23 August 2021
f)
Place of the transaction
London Stock Exchange (XLON)
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 & 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
The acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 23 August 2021 under the Company's 2009 Deferred Bonus Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
221,281
d)
Aggregated information
- Aggregated volume
221,281
- Price
N/A
e)
Date of the transaction
23 August 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 following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.35472
33,910
d)
Aggregated information
- Aggregated volume
33,910
- Price
£45,938.56
e)
Date of the transaction
23 August 2021
f)
Place of the transaction
London Stock Exchange (XLON)
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