Director/PDMR Shareholding

RNS Number : 3942K

Serco Group PLC

21 April 2020

 

21 April 2020

Serco Group plc

Legal Entity Identifier: 549300PT2CIHYN5GWJ21

INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2p EACH IN THE COMPANY ('Ordinary Shares')

On 17 April 2020, David Eveleigh exercised 171,091 nominal-cost options granted under the 2009 Serco Performance Share Plan and, on the same date, sold 102,102 Ordinary Shares. The remaining balance of 68,989 Ordinary Shares was transferred to his spouse for nil consideration. 

A summary of the Ordinary Shares acquired, sold and transferred is set out below.

Name of PDMR	Grant date of award	Vest date of award	Number of Ordinary Shares acquired	Ordinary Shares sold	Number of Ordinary Shares transferred to spouse
David Eveleigh, Group General Counsel & Company Secretary	6 April 2017	6 April 2020	171,091	102,102	68,989

The price for the disposal of the Ordinary Shares was £1.3051 per Share.

This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

The notification of dealing forms for these transactions can be found below.

Transaction notification

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		David Eveleigh
2	Reason for the notification
a)	Position/status		Group General Counsel & Company Secretary
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 ('the Company')
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 6 April 2017 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)		Price(s) Volume(s) £0.02 171,091
d)	Aggregated information
	- Aggregated volume		171,091
	- Price		£3,421.82
e)	Date of the transaction		17 April 2020
f)	Place of the transaction		N/A
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 following the exercise of nominal-cost options over Ordinary Shares on 17 April 2020 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)		Price(s) Volume(s) £1.3051 102,102
d)	Aggregated information
	- Aggregated volume		102,102
	- Price		£133,253.32
e)	Date of the transaction		17 April 2020
f)	Place of the transaction		London Stock Exchange (XLON)
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 transfer of 68,989 Ordinary Shares to Spouse for nil consideration. No change in beneficial ownership.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.00	68,989
d)	Aggregated information
	- Aggregated volume	68,989
	- Price	£0.00
e)	Date of the transaction	17 April 2020
f)	Place of the transaction	N/A
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Katharine Eveleigh
2	Reason for the notification
a)	Position/status	PCA of David Eveleigh (Group General Counsel & Company Secretary)
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	Receipt of Ordinary Shares from spouse for nil consideration.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.00	68,989
d)	Aggregated information
	- Aggregated volume	68,989
	- Price	£0.00
e)	Date of the transaction	17 April 2020
f)	Place of the transaction	N/A

 

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