Director/PDMR Shareholding

Serco Group PLC

09 September 2024

 

Serco Group plc (the Company)

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)

The Company notifies the following change in interests in the ordinary shares of 2p each (Shares) of PDMRs, arising pursuant to the grant of Long-Term Incentive Plan awards (Share Awards) on 6 September 2024 at a price of £1.738 per Share, being the average closing price of the Shares over the five Dealing Days prior to the date of grant.

PDMRs	Number of Share Awards Granted
Phil Malem	70,965
Tom Read	184,119

Malus and clawback provisions apply to the Share Awards.

This announcement is made in accordance with the requirements of the UK version of the Market Abuse Regulation 596/2014. 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Phil Malem
2	Reason for the notification
a)	Position/status		Middle East CEO
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)	Legal Entity Identifier code		549300PT2CIHYN5GWJ21
4	Details of the transaction(s) summary table
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction	Currency
	6 September 2024	Ordinary shares of 2 pence each		ISIN: GB0007973794	Outside a trading venue	GBP - British Pound
	Nature of Transaction			Price	Volume	Total
	Grant of Share Awards			£1.738	70,965	£123,337.17
		Aggregated		£1.738	70,965	£123,337.17

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Tom Read
2	Reason for the notification
a)	Position/status		Group Chief Digital and Technology 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)	Legal Entity Identifier code		549300PT2CIHYN5GWJ21
4	Details of the transaction(s) summary table
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction	Currency
	6 September 2024	Ordinary shares of 2 pence each		ISIN: GB0007973794	Outside a trading venue	GBP - British Pound
	Nature of Transaction			Price	Volume	Total
	Grant of Share Awards			£1.738	184,119	£319,998.82
		Aggregated		£1.738	184,119	£319,998.82

Nickesha Graham-Burrell

Group Company Secretary

9 September 2024

For further information please contact:

Paul Checketts, Group Head of Investor Relations, tel: [phone] or email: [e-mail]

Scot Marchbank, Group Communications and Marketing Director, tel: [phone] or email: [e-mail]

About Serco

Serco brings together the right people, the right technology and the right partners to create innovative solutions that make positive impact and address some of the most urgent and complex challenges facing the modern world. With a primary focus on serving governments globally, Serco's services are powered by more than 50,000 people working across defence, space, migration, justice, healthcare, mobility and customer services. Serco's core capabilities include service design and advisory, resourcing, complex programme management, systems integration, case management, engineering, and asset & facilities management.

Underpinned by Serco's unique operating model, Serco drives innovation and supports customers from service discovery through to delivery. More information can be found at www.serco.com

 

END