Director/PDMR Shareholding

RNS Number : 1811H

Serco Group PLC

13 November 2018

 

13 November 2018

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

On 9 November 2018, Rupert Soames and Angus Cockburn exercised nominal-cost options that were granted on 29 May 2015 under the 2009 Serco Performance Share Plan (PSP) and vested on 29 May 2018. The notification below reflects the changes in the interests of the PDMR in Ordinary Shares of the Company arising from the exercise of options and sale of Ordinary Shares to meet tax liabilities and option costs.

Transaction notification

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rupert Soames
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)	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	The exercise of nominal-cost options over Ordinary Shares granted on 29 May 2015 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	827,855
d)	Aggregated information
	- Aggregated volume	827,855
	- Price	N/A
e)	Date of the transaction	9 November 2018
f)	Place of the transaction	N/A

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rupert Soames
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)	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	The sale of Ordinary Shares to meet tax liabilities and option costs following the exercise of nominal-cost options over Ordinary Shares on 9 November 2018 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.9570	399,661
d)	Aggregated information
	- Aggregated volume	399,661
	- Price	£382,487.57
e)	Date of the transaction	9 November 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Angus Cockburn
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)	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	The exercise of nominal-cost options over Ordinary Shares granted on 29 May 2015 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	426,101
d)	Aggregated information
	- Aggregated volume	426,101
	- Price	N/A
e)	Date of the transaction	9 November 2018
f)	Place of the transaction	N/A

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Angus Cockburn
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)	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	The sale of Ordinary Shares to meet tax liabilities and option costs following the exercise of nominal-cost options over Ordinary Shares on 9 November 2018 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.9570	209,895
d)	Aggregated information
	- Aggregated volume	209,895
	- Price	£200,875.81
e)	Date of the transaction	9 November 2018
f)	Place of the transaction	London Stock Exchange (XLON)

 

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