REG - Serco Group PLC - Director/PDMR Shareholding
12/04/2023 16:45
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230412:nRSL0189Wa&default-theme=true
RNS Number : 0189W Serco Group PLC 12 April 2023
12 April 2023
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 5 April 2023, pursuant to the participation in the 2023 deferred bonus plan
and in connection with the earlier voluntary deferral of a proportion of their
2022 annual bonus, ordinary shares of 2 pence each ('Investment Shares') were
acquired on behalf of the PDMRs.
On 6 April 2023, following the acquisition of the Investment Shares and in
accordance with the 2023 deferred bonus plan, the Company granted conditional
share awards ('Matching Awards') to the PDMRs.
Details of each transaction are summarised in the table below.
PDMR Investment Shares Shares under Matching Awards granted
Purchased
David Eveleigh, 50,172 190,658
Group General Counsel & Company Secretary
Mark Irwin, 75,747 287,844
Group CEO
Anthony Kirby, 43,461 165,154
Group Chief Operating Officer
Kate Steadman, 30,799 117,040
Group Strategy and Communications Director
The Matching Awards have a normal vesting date of 6 April 2026 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)
£1.538575 50,172
d) Aggregated information
- Aggregated volume 50,172
- Price £77,193.38
e) Date of the transaction 5 April 2023
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.
c) Price(s) and volume(s)
Price(s) Volume(s)
n/a 190,658
d) Aggregated information
- Aggregated volume 190,658
- Price n/a
e) Date of the transaction 6 April 2023
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 Group CEO
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)
£1.538575 75,747
d) Aggregated information
- Aggregated volume 75,747
- Price £116,542.44
e) Date of the transaction 5 April 2023
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 .
c) Price(s) and volume(s)
Price(s) Volume(s)
n/a 287,844
d) Aggregated information
- Aggregated volume 287,844
- Price n/a
e) Date of the transaction 6 April 2023
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 CEO, Serco 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 Purchase of Ordinary Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.538575 43,461
d) Aggregated information
- Aggregated volume 43,461
- Price £66,868.01
e) Date of the transaction 5 April 2023
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.
c) Price(s) and volume(s)
Price(s) Volume(s)
n/a 165,154
d) Aggregated information
- Aggregated volume 165,154
- Price n/a
e) Date of the transaction 6 April 2023
f) Place of the transaction n/a
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Kate Steadman
2 Reason for the notification
a) Position/status Group Strategy & Communications Director
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)
£1.538575 30,799
d) Aggregated information
- Aggregated volume 30,799
- Price £47,386.57
e) Date of the transaction 5 April 2023
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.
c) Price(s) and volume(s)
Price(s) Volume(s)
n/a 117,040
d) Aggregated information
- Aggregated volume 117,040
- Price n/a
e) Date of the transaction 6 April 2023
f) Place of the transaction n/a
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHUUUVROKUSAARRecent news on Serco
See all newsREG - Serco Group PLC - Block listing Interim Review
AnnouncementREG - Serco Group PLC - Serco completes acquisition of MTS
AnnouncementREG - Serco Group PLC - Serco awarded Maritime Services contracts
AnnouncementREG - Serco Group PLC - Director/PDMR Shareholding
AnnouncementREG - Serco Group PLC - Director/PDMR Shareholding
Announcement