Director/PDMR Shareholding

RNS Number : 9453F

Serco Group PLC

23 May 2017

 

23 May 2017

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

Serco Group plc ('Serco' or 'the Company'), the international service company, announces that a conditional share award over 47,770 ordinary shares of 2p each in the Company (ISIN: GB0007973794), granted to David Eveleigh on 29 May 2015, under the Serco Performance Share Plan (PSP), vested on 22 May 2017.  The share award was awarded to David in connection with his appointment to the Company to compensate for non-performance share awards forfeited by his previous employer.  The number of shares sold to meet associated tax and NIC liabilities arising on vesting and the number of vested shares retained is set out below:

Name	Position	No. of shares vested	No. of shares sold to satisfy associated tax and NIC liability	Share price of shares  sold (p)	No. of vested shares retained
David Eveleigh	Group General Counsel & Company Secretary	47,770	22,532	120.56	25,238

The vesting of the above share award took place outside of a trading venue. The share sale transaction took place on the London Stock Exchange (XLON) on 22 May 2017.

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