REG - Serco Group PLC - Director/PDMR Shareholding
07/04/2025 17:15
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RNS Number : 9886D Serco Group PLC 07 April 2025
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) a grant on 4 April 2025 in connection with the
voluntary deferral of a proportion of 2024 annual bonus (Investment Shares) at
a price of £1.639857 per Share; and matching Share Awards made on 7 April
2025 at a similar price per Share as the Investment Shares; and
(ii) grants on 7 April 2025 at a price of £1.6118 per
Share, being the average closing price of the Shares over the five Dealing
Days prior to the date of grant.
Directors Number of Share Awards Granted
Anthony Kirby 1,048,517
Nigel Crossley 551,552
Other PDMRs
Gillian Duggan 278,364
David Eveleigh(1) 522,945
Andrew Head 353,811
Phil Malem 309,818
Ruth McGowan 224,561
Tom Read 244,794
Helen Shaw 96,517
Tom Watson 343,562
(1. The Share Awards Granted includes Investment Shares.)
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 Anthony Kirby
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
7 April 2025 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 £1.6118 1,048,517 £1,689,999.70
Aggregated £1.6118 1,048,517 £1,689,999.70
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
7 April 2025 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 £1.6118 551,552 £888,991.51
Aggregated £1.6118 551,552 £888,991.51
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
7 April 2025 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 £1.6118 278,364 £448,667.10
Aggregated £1.6118 278,364 £448,667.10
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
4 April 2025 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 £1.639857 51,051 £83,716.34
Aggregated £1.639857 51,051 £83,716.34
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency
7 April 2025 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 £1.6118 277,896 £447,912.77
£1.639857 193,998 £
3
1
8
,
1
2
8
.
9
8
Aggregated £1.6233 471,894 £766,041.75
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
7 April 2025 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 £1.6118 353,811 £570,272.57
Aggregated £1.6118 353,811 £570,272.57
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
7 April 2025 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 £1.6118 309,818 £499,364.65
Aggregated £1.6118 309,818 £499,364.65
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
7 April 2025 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 £1.6118 224,561 £361,947.42
Aggregated £1.6118 224,561 £361,947.42
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person Tom Read
2 Reason for the notification
a) Position/status Group Chief Digital and Technology 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
7 April 2025 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 £1.6118 244,794 £394,558.97
Aggregated £1.6118 244,794 £394,558.97
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name of natural person Helen Shaw
2 Reason for the notification
a) Position/status Interim 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
7 April 2025 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 £1.6118 96,517 £155,566.10
Aggregated £1.6118 96,517 £155,566.10
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
7 April 2025 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 £1.6118 343,562 £553,753.23
Aggregated £1.6118 343,562 £553,753.23
Nickesha Graham-Burrell
Group Company Secretary
7 April 2025
For further information please contact:
Jamie Hastings, Group Head of Investor Relations, tel: +44 (0) 7718 195 074 or
email: jamie.hastings@serco.com (mailto:jamie.hastings@serco.com)
Scot Marchbank, Group Communications and Marketing Director, tel: +44 (0) 7958
675 706 or email: scot.marchbank@serco.com (mailto:scot.marchbank@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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