Director/PDMR Shareholding

RNS Number : 9253E

Serco Group PLC

01 November 2022

 

1 November 2022

Serco Group plc (the 'Company')

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 28 October 2022, the Company granted share options ('Options') under the Serco Group plc International Save As You Earn Plan 2021 ('ISAYE').  Pursuant to the invitations issued to eligible UK employees under the ISAYE which operates on a UK tax-advantaged basis, Options were granted over a total of 5,555,561 Ordinary Shares at an option price of £1.26 per Share.  Included in this total were grants to the following PDMRs:

PDMR	Number of Shares under Option
Nigel Crossley, Group Chief Financial Officer	4,285
David Eveleigh, Group General Counsel & Company Secretary	4,285
Mark Irwin, CEO UK & Europe	4,285

The Options will be exercisable for a six-month period from completion of an associated three-year Savings Contract. The maturity of options is not dependent upon performance criteria but is subject to the participant's continued employment.

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation 596/2014.  The notification of dealing forms can be found below.

Transaction notification

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 grant of options on 28 October 2022 under the Serco Group plc 2021 International Save As You Earn Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			n/a	4,285
d)	Aggregated information
	- Aggregated volume	4,285
	- Price	n/a
e)	Date of the transaction	28 October 2022
f)	Place of the transaction	n/a

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 grant of options on 28 October 2022 under the Serco Group plc 2021 International Save As You Earn Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			n/a	4,285
d)	Aggregated information
	- Aggregated volume	4,285
	- Price	n/a
e)	Date of the transaction	28 October 2022
f)	Place of the transaction	n/a

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Irwin
2	Reason for the notification
a)	Position/status	CEO UK & Europe
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 grant of options on 28 October 2022 under the Serco Group plc 2021 International Save As You Earn Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			n/a	4,285
d)	Aggregated information
	- Aggregated volume	4,285
	- Price	n/a
e)	Date of the transaction	28 October 2022
f)	Place of the transaction	n/a

 

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