REG - Serco Group PLC - Director/PDMR Shareholding

SercoAnnouncement

27/04/2022 12:30

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RNS Number : 5618J  Serco Group PLC  27 April 2022

27 April 2022

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 26 April 2022, conditional share awards ('CSAs') granted to Rupert Soames
on 26 April 2019 under the 2018 Equity Settled Bonus 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 CSAs vesting  Number of Ordinary Shares sold  Number of Ordinary Shares retained
 Rupert Soames,          26 April 2019        26 April 2022       242,887                 117,606                         125,281

 Group Chief Executive

 

The price for the disposal of the Ordinary Shares was £1.500893 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                                                         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 ('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 26 April 2019 under the Company's 2018 Equity Settled Bonus
                                                                   Plan.

 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                 N/A       242,887

 d)   Aggregated information

      - Aggregated volume                                          242,887

      - Price                                                      N/A

 e)   Date of the transaction                                      26 April 2022

 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 26 April 2022 under the Company's 2018 Equity Settled Bonus Plan.

 c)   Price(s) and volume(s)                                       Price(s)    Volume(s)

                                                                 £1.500893   117,606

 d)   Aggregated information

      - Aggregated volume                                          117,606

      - Price                                                      £176,514.02

 e)   Date of the transaction                                      26 April 2022

 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

 

Aggregated information

- Aggregated volume

242,887

- Price

N/A

e)

 

Date of the transaction

 

26 April 2022

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 26 April 2022 under the Company's 2018 Equity Settled Bonus Plan.

 

c)

 

Price(s) and volume(s)

 Price(s)    Volume(s)
 £1.500893   117,606

d)

 

Aggregated information

- Aggregated volume

117,606

- Price

£176,514.02

e)

 

Date of the transaction

 

26 April 2022

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

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