12 April 2019
Serco Group plc ('Serco' or 'the Company')
Legal Entity Identifier: 549300PT2CIHYN5GWJ21
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2p EACH IN THE COMPANY ('Shares')
Following the vesting of conditional share awards ('CSAs') granted to a PDMR on 6 April 2016 under the 2009 Serco Performance Share Plan ('PSP') on 8 April 2019, details of the Shares received and the automatic sale of Shares to satisfy tax liabilities are provided below.
PDMR |
Number of CSAs vesting |
Number of Shares sold |
David Dacquino Chairman and CEO Serco Americas |
149,663 |
45,208 |
The price for the disposal of the Shares was 124.23 pence 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
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name |
David Dacquino |
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2
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Reason for the notification
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a)
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Position/status
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Chairman and CEO Serco Americas |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Serco Group plc |
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b)
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LEI
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549300PT2CIHYN5GWJ21 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 2 pence each ('Ordinary Shares')
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Identification code |
ISIN: GB0007973794 |
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b)
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Nature of the transaction
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The acquisition of Ordinary Shares pursuant to the vest of conditional share awards granted on 6 April 2016 under the Company's 2009 Performance Share Plan.
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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N/A |
149,663 |
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d)
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Aggregated information |
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- Aggregated volume |
149,663 |
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- Price |
N/A |
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e)
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Date of the transaction
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8 April 2019 |
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f)
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Place of the transaction |
N/A |
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4
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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
|
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a)
|
Description of the financial instrument, type of instrument |
Ordinary Shares of 2 pence each ('Ordinary Shares')
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Identification code |
ISIN: GB0007973794 |
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b)
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Nature of the transaction
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The automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards over Ordinary Shares on 8 April 2019 under the Company's 2009 Performance Share Plan.
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£1.2423 |
45,208 |
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d)
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Aggregated information |
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- Aggregated volume |
45,208 |
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- Price |
£1.2423 |
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e)
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Date of the transaction
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8 April 2019 |
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f)
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Place of the transaction |
London Stock Exchange (XLON) |