Director/PDMR Shareholding

RNS Number : 9328D

Serco Group PLC

02 July 2021

 

2 July 2021

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 1 July 2021 and 30 June 2021 respectively, Rupert Soames and Nigel Crossley exercised nominal-cost options, granted under the 2009 Serco Performance Share Plan and, on the same date, sold Ordinary Shares to satisfy tax liabilities and dealing costs.

On 30 June 2021, David Eveleigh and Anthony Kirby exercised nominal-cost options, granted under the 2009 Serco Performance Share Plan and, on the same date sold Ordinary Shares, retaining a balance of 40,311 and 129,211 Ordinary Shares respectively from the exercise as set out below.  David Eveleigh's remaining balance of 40,311 shares was transferred to his spouse for nil consideration. 

A summary of the Ordinary Shares acquired, sold and retained in respect of each PDMR is set out below.

Name of PDMR	Grant date of award	Vest date of award	Number of Ordinary Shares acquired	Ordinary Shares sold	Share price (GBP)	Number of Ordinary Shares retained
Rupert Soames, Group Chief Executive	25 June 2018	25 June 2021	1,760,471	843,850	1.385	916,621
Nigel Crossley, Group Chief Financial Officer	25 June 2018	25 June 2021	152,100	72,930	1.3572	79,170
	6 April 2017	6 April 2020	86,654	41,550	1.3572	45,104
	6 April 2016	6 April 20219	119,436	57,269	1.3572	62,167
	29 May 2015	29 May 2018	70,124	33,624	1.3572	36,500
David Eveleigh, Group General Counsel & Company Secretary	25 June 2018	25 June 2021	300,311	260,000	1.3572	40,311 (transferred to spouse)
Anthony Kirby, Group Chief Operating Officer	25 June 2018	25 June 2021	546,482	417,271	1.3572	129,211

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 this transaction can be found below.

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 25 June 2018 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.02 1,760,471
d)	Aggregated information
	- Aggregated volume	1,760,471
	- Price	£ 35,209.42
e)	Date of the transaction	1 July 2021
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 to satisfy tax liabilities and dealing costs following the exercise of nominal-cost options over Ordinary Shares on 1 July 2021 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.385 843,850
d)	Aggregated information
	- Aggregated volume	843,850
	- Price	£ 1,168,732.25
e)	Date of the transaction	1 July 2021
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	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)	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, 6 April 2016, 6 April 2017 and 25 June 2018 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.02 70,124 £0.02 119,436 £0.02 86,654 £0.02 152,100
d)	Aggregated information
	- Aggregated volume	428,314
	- Price	£ 8,566.28
e)	Date of the transaction	30 June 2021
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 to satisfy tax liabilities and dealing costs following the exercise of nominal-cost options over Ordinary Shares on 30 June 2021 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.3572 33,624 £1.3572 57,269 £1.3572 41,550 £1.3572 72,930
d)	Aggregated information
	- Aggregated volume	205,373
	- Price	£ 278,732.24
e)	Date of the transaction	30 June 2021
f)	Place of the transaction	London Stock Exchange (XLON)

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
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 25 June 2018 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.02 300,311
d)	Aggregated information
	- Aggregated volume	300,311
	- Price	£ 6,006.22
e)	Date of the transaction	30 June 2021
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 30 June 2021 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 1.3572 260,000
d)	Aggregated information
	- Aggregated volume	260,000
	- Price	£ 352,872.00
e)	Date of the transaction	30 June 2021
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 40,311 Ordinary Shares to Spouse for nil consideration. No change in beneficial ownership
c)	Price(s) and volume(s)	Price(s) Volume(s) £ 0.00 40,311
d)	Aggregated information
	- Aggregated volume	40,311
	- Price	£ 0.00
e)	Date of the transaction	30 June 2021
f)	Place of the transaction	N/A

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anthony Kirby
2	Reason for the notification
a)	Position/status	Group Chief Operating 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 25 June 2018 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.02 248,241 £0.02 298,241
d)	Aggregated information
	- Aggregated volume	546,482
	- Price	£10,929.64
e)	Date of the transaction	30 June 2021
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 30 June 2021 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.3572 119,030 £1.3572 298,241
d)	Aggregated information
	- Aggregated volume	417,271
	- Price	£ 566,320.20
e)	Date of the transaction	30 June 2021
f)	Place of the transaction	London Stock Exchange (XLON)

 

END

 

 

DSHUAOBRAWUBRAR