Director/PDMR Shareholding

RNS Number : 4004Y
Serco Group PLC
08 May 2019
 

 

8 May 2019

Serco Group plc ('Serco' or 'the Company')

Legal Entity Identifier: 549300PT2CIHYN5GWJ21

 

 

 

 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2p EACH IN THE COMPANY ('Ordinary Shares')

 

Following the vesting of conditional share awards ('CSAs') granted to PDMRs on 3 May 2016 under the 2009 Serco Deferred Bonus Plan ('DBP') on 3 May 2019, details of Ordinary Shares sold to satisfy tax liabilities and the number of Ordinary Shares retained are provided below.

 

PDMR

Number of CSAs vesting

Number of Ordinary Shares sold

Number of Ordinary Shares retained

Rupert Soames,

Group Chief Executive

1,154,540

544,541

609,999

Angus Cockburn,

Group Chief Financial Officer

588,589

283,516

305,073

Kevin Craven,

CEO UK & Europe

96,592

45,559

51,083

David Eveleigh,

Group General Counsel and Company Secretary

39,494

18,629

20,865

  

The price for the disposal of the Ordinary Shares was £1.249672 per Share.

 

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

Rupert Soames

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Executive 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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

N/A

1,154,540

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

1,154,540

 

 

- Price

N/A

 

 

e)

 

Date of the transaction

 

3 May 2019

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 automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

£1.249672

544,541

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

544,541

 

 

- Price

£680,497.64

 

 

e)

 

Date of the transaction

 

3 May 2019

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Angus Cockburn

 

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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

N/A

588,589

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

588,589

 

 

- Price

N/A

 

 

e)

 

Date of the transaction

 

3 May 2019

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 automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

£1.249672

283,516

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

283,516

 

 

- Price

£354,302.01

 

 

e)

 

Date of the transaction

 

3 May 2019

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Kevin Craven

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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

N/A

96,592

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

96,592

 

 

- Price

N/A

 

 

e)

 

Date of the transaction

 

3 May 2019

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 automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

£1.249672

45,559

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

45,559

 

 

- Price

£56,933.81

 

 

e)

 

Date of the transaction

 

3 May 2019

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 and 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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

N/A

39,494

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

39,494

 

 

- Price

N/A

 

 

e)

 

Date of the transaction

 

3 May 2019

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 automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

£1.249672

18,629

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

18,629

 

 

- Price

£23,280.14

 

 

e)

 

Date of the transaction

 

3 May 2019

f)

 

Place of the transaction

London Stock Exchange (XLON)

 


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