27 June 2017
Serco Group plc
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
Following the vesting of Awards granted in 2014 under the Serco Performance Share Plan ('PSP') on 27 June 2017 and as notified on the same day, the notification that follows reflects the changes in the interests of Persons Discharging Managerial Responsibilities ('PDMRs') in Ordinary Shares of the Company arising from the sale or withholding of Ordinary Shares to meet tax liabilities.
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 |
Dan Allen |
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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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CEO 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 sale of Ordinary Shares to meet tax liabilities for the vesting of Awards granted in 2014 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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£1.1922 |
22,306 |
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d)
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Aggregated information |
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- Aggregated volume |
22.306 |
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- Price |
£26,593.21 |
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e)
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Date of the transaction
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27/06/2017 |
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f)
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Place of the transaction |
London Stock Exchange (XLON) |