REG - Serco Group PLC - Director/PDMR Shareholding
10/04/2024 18:15
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RNS Number : 1040K Serco Group PLC 10 April 2024
Serco Group plc (the Company)
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES (PDMRs)
The Company notifies the following changes in the interests in the ordinary
shares of 2p each (Shares) of PDMRs, arising pursuant to the Deferred Bonus
Plan and the Long-Term Incentive Plan (Share Awards) as follows:
(i) grants on 5 April 2024 in connection with the
voluntary deferral of a proportion of 2023 annual bonus (Investment Shares) at
a price of £1.853989 per Share; and matching Share Awards made on 8 April
2024 at a similar price per Share as the Investment Shares;
(ii) grants on 8 April 2024 at a price of £1.8752 per
Share, being the average closing price of the Shares over the five Dealing
Days prior to the date of grant; and
Directors Number of Share Awards Granted
Mark Irwin 878,839
Nigel Crossley 461,390
Other PDMRs
Gillian Duggan 181,260
David Eveleigh(1) 368,945
Andrew Head 307,426
Anthony Kirby(1) 402,614
Phil Malem 193,399
Ruth McGowan 156,543
Tom Watson 285,960
(1. The Share Awards Granted includes Investment Shares.)
(iii) sale of 240,234 Shares by David Eveleigh at a price of
£1.8601 per Share.
Malus and clawback provisions apply to the Share Awards.
This announcement is made in accordance with the requirements of the UK
version of the Market Abuse Regulation 596/2014.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person Mark Irwin
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) Legal Entity Identifier code 549300PT2CIHYN5GWJ21
4 Details of the transaction(s) summary table
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
8 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 Outside a trading venue GBP - British Pound
Nature of Transaction Price Volume Total
Grant of Share Awards £1.8752 878,839 £1,647,998.89
Aggregated £1.8752 878,839 £1,647,998.89
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person 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) Legal Entity Identifier code 549300PT2CIHYN5GWJ21
4 Details of the transaction(s) summary table
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
8 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 Outside a trading venue GBP - British Pound
Nature of Transaction Price Volume Total
Grant of Share Awards £1.8752 461,390 £865,198.53
Aggregated £1.8752 461,390 £865,198.53
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person Gillian Duggan
2 Reason for the notification
a) Position/status Group Chief People and Culture 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) Legal Entity Identifier code 549300PT2CIHYN5GWJ21
4 Details of the transaction(s) summary table
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
8 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 Outside a trading venue GBP - British Pound
Nature of Transaction Price Volume Total
Grant of Share Awards £1.8752 181,260 £339,898.75
Aggregated £1.8752 181,260 £339,898.75
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person David Eveleigh
2 Reason for the notification
a) Position/status Group General Counsel
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) Legal Entity Identifier code 549300PT2CIHYN5GWJ21
4 Details of the transaction(s) summary table
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
5 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 London Stock Exchange - Main Market (XLON) GBP - British Pound
Nature of Transaction Price Volume Total
Purchase of Ordinary Shares £1.853989 36,504 £67,678.01
Aggregated £1.853989 36,504 £67,678.01
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
8 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 Outside a trading venue GBP - British Pound
Nature of Transaction Price Volume Total
Grant of Share Awards £1.8752 193,723 £363,269.37
£1.853989 138,718 £
2
5
7
,
1
8
1
.
6
5
Aggregated £1.8663 332,441 £620,451.02
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
8 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 London Stock Exchange - Main Market (XLON) GBP - British Pound
Nature of Transaction Price Volume Total
Disposal £1.8601 240,234 £446,859.26
Aggregated £1.8601 240,234 £
4
4
6
,
8
5
9
.
2
6
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person Andrew Head
2 Reason for the notification
a) Position/status Asia Pacific 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) Legal Entity Identifier code 549300PT2CIHYN5GWJ21
4 Details of the transaction(s) summary table
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
8 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 Outside a trading venue GBP - British Pound
Nature of Transaction Price Volume Total
Grant of Share Awards £1.8752 307,426 £576,485.24
Aggregated £1.8752 307,426 £576,485.24
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person Anthony Kirby
2 Reason for the notification
a) Position/status UK & Europe 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) Legal Entity Identifier code 549300PT2CIHYN5GWJ21
4 Details of the transaction(s) summary table
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
5 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 London Stock Exchange - Main Market (XLON) GBP - British Pound
Nature of Transaction Price Volume Total
Purchase of Ordinary Shares £1.853989 19,338 £35,852.44
Aggregated £1.853989 19,338 £
3
5
,
8
5
2
.
4
4
Aggregated £1.8711 383,276 £717,160.45
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
5 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 London Stock Exchange - Main Market (XLON) GBP - British Pound
Nature of Transaction Price Volume Total
Purchase of Ordinary Shares £1.853989 19,338 £35,852.44
Aggregated £1.853989 19,338 £35,852.44
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person Phil Malem
2 Reason for the notification
a) Position/status Middle East 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) Legal Entity Identifier code 549300PT2CIHYN5GWJ21
4 Details of the transaction(s) summary table
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
8 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 Outside a trading venue GBP - British Pound
Nature of Transaction Price Volume Total
Grant of Share Awards £1.8752 193,399 £362,661.80
Aggregated £1.8752 193,399 £362,661.80
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person Ruth McGowan
2 Reason for the notification
a) Position/status Group Chief Strategy and Growth 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) Legal Entity Identifier code 549300PT2CIHYN5GWJ21
4 Details of the transaction(s) summary table
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
8 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 Outside a trading venue GBP - British Pound
Nature of Transaction Price Volume Total
Grant of Share Awards £1.8752 156,543 £293,549.43
Aggregated £1.8752 156,543 £293,549.43
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person Tom Watson
2 Reason for the notification
a) Position/status North America 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) Legal Entity Identifier code 549300PT2CIHYN5GWJ21
4 Details of the transaction(s) summary table
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
8 April 2024 Ordinary shares of 2 pence each ISIN: GB0007973794 Outside a trading venue GBP - British Pound
Nature of Transaction Price Volume Total
Grant of Share Awards £1.8752 285,960 £536,232.19
Aggregated £1.8752 285,960 £536,232.19
Nickesha Graham-Burrell
Group Company Secretary
10 April 2024
For further information please contact:
Paul Checketts, Head of Investor Relations, tel: +44 (0) 7718 195 074 or
email: paul.checketts@serco.com (mailto:paul.checketts@serco.com)
Marcus De Ville, Head of Media Relations; tel +44 (0) 7738 898 550 or
email: marcus.deville@serco.com (mailto:marcus.deville@serco.com)
About Serco
Serco brings together the right people, the right technology and the right
partners to create innovative solutions that make positive impact and address
some of the most urgent and complex challenges facing the modern world. With
a primary focus on serving governments globally, Serco's services are powered
by more than 50,000 people working across defence, space, migration, justice,
healthcare, mobility and customer services. Serco's core capabilities include
service design and advisory, resourcing, complex programme management, systems
integration, case management, engineering, and asset & facilities
management. Underpinned by Serco's unique operating model, Serco drives
innovation and supports customers from service discovery through to delivery.
More information can be found at www.serco.com (http://www.serco.com) .
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