Director/PDMR Shareholding

RNS Number : 7968W

Serco Group PLC

24 December 2021

 

24 December 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 23 December 2021, Kate Steadman, Group Strategy and Communications Director, 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 as set out below. 

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

Grant date of award	Vest date of award	Number of Ordinary Shares acquired	Ordinary Shares sold	Share price (GBP)	Number of Ordinary Shares retained
6 April 2016	6 April 2019	89,577	42,962	£1.335899	46,615
6 April 2017	6 April 2020	106,194	50,932	£1.335899	55,262
25 June 2018	25 June 2021	186,401	89,402	£1.335899	96,999

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	Kate Steadman
2	Reason for the notification
a)	Position/status	Group Strategy and Communications Director
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 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 89,577 £0.02 106,194 £0.02 186,401
d)	Aggregated information
	- Aggregated volume	382,172
	- Price	£ 7,643.44
e)	Date of the transaction	23 December 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 23 December 2021 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.335899 42,962 £1.335899 50,932 £1.335899 89,402
d)	Aggregated information
	- Aggregated volume	183,296
	- Price	£ 244,864.94
e)	Date of the transaction	23 December 2021
f)	Place of the transaction	London Stock Exchange (XLON)

 

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