Director/PDMR Shareholding

RNS Number : 9328D
Serco Group PLC
02 July 2021
 

2 July 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 1 July 2021 and 30 June 2021 respectively, Rupert Soames and Nigel Crossley 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.

 

On 30 June 2021, David Eveleigh and Anthony Kirby exercised nominal-cost options, granted under the 2009 Serco Performance Share Plan and, on the same date sold Ordinary Shares, retaining a balance of 40,311 and 129,211 Ordinary Shares respectively from the exercise as set out below.  David Eveleigh's remaining balance of 40,311 shares was transferred to his spouse for nil consideration. 

 

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

 

Name of PDMR

Grant date of award

Vest date of award

Number of Ordinary Shares acquired

Ordinary Shares sold

Share price (GBP)

Number of Ordinary Shares retained

Rupert Soames, Group Chief Executive

25 June 2018

25 June 2021

1,760,471

843,850

1.385

916,621

Nigel Crossley, Group Chief Financial Officer

25 June 2018

25 June 2021

152,100

72,930

1.3572

79,170

6 April 2017

6 April 2020

86,654

41,550

1.3572

45,104

6 April 2016

6 April 20219

119,436

57,269

1.3572

62,167

29 May 2015

29 May 2018

70,124

33,624

1.3572

36,500

David Eveleigh,

Group General Counsel & Company Secretary

25 June 2018

25 June 2021

300,311

260,000

1.3572

40,311 (transferred to spouse)

Anthony Kirby, Group Chief Operating Officer

25 June 2018

25 June 2021

546,482

417,271

1.3572

129,211

 

 

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

Rupert Soames

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Executive

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 25 June 2018 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£0.02

1,760,471

d)

 

Aggregated information




- Aggregated volume

1,760,471



- Price

£ 35,209.42

 



e)

 

Date of the transaction

 

1 July 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 to satisfy tax liabilities and dealing costs following the exercise of nominal-cost options over Ordinary Shares on 1 July 2021 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£1.385

843,850

d)

 

Aggregated information




- Aggregated volume

843,850



- Price

£ 1,168,732.25



e)

 

Date of the transaction

 

1 July 2021

 

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

 

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 exercise of nominal-cost options over Ordinary Shares granted on 29 May 2015, 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

70,124

£0.02

119,436

£0.02

86,654

£0.02

152,100

d)

 

Aggregated information




- Aggregated volume

428,314



- Price

£ 8,566.28



e)

 

Date of the transaction

 

30 June 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 to satisfy tax liabilities and dealing costs following the exercise of nominal-cost options over Ordinary Shares on 30 June 2021 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£1.3572

33,624

£1.3572

57,269

£1.3572

41,550

£1.3572

72,930

d)

 

Aggregated information




- Aggregated volume

205,373



- Price

£ 278,732.24



e)

 

Date of the transaction

 

30 June 2021

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 & 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 exercise of nominal-cost options over Ordinary Shares granted on 25 June 2018 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£0.02

300,311

d)

 

Aggregated information




- Aggregated volume

300,311



- Price

£ 6,006.22



e)

 

Date of the transaction

 

30 June 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 30 June 2021 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£ 1.3572

 

260,000

d)

 

Aggregated information




- Aggregated volume

260,000



- Price

£ 352,872.00



e)

 

Date of the transaction

 

30 June 2021

f)

 

Place of the transaction

London Stock Exchange (XLON)

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 transfer of 40,311 Ordinary Shares to Spouse for nil consideration.

 

No change in beneficial ownership

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£ 0.00

40,311

d)

 

Aggregated information




- Aggregated volume

40,311



- Price

£ 0.00



e)

 

Date of the transaction

 

30 June 2021

f)

 

Place of the transaction

N/A

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Anthony Kirby

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Operating 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 exercise of nominal-cost options over Ordinary Shares granted on 25 June 2018 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£0.02

248,241

£0.02

298,241

d)

 

Aggregated information




- Aggregated volume

546,482



- Price

£10,929.64



e)

 

Date of the transaction

 

30 June 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 30 June 2021 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£1.3572

119,030

£1.3572

298,241

d)

 

Aggregated information




- Aggregated volume

417,271



- Price

£ 566,320.20



e)

 

Date of the transaction

 

30 June 2021

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

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Serco Group (SRP)
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