Director/PDMR Shareholding

RNS Number : 6506J
Serco Group PLC
24 August 2021
 

 

24 August 2021

Serco Group plc ('Serco' or '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 23 August 2021, conditional share awards ('CSAs') granted on 23 August 2018 under the 2009 Serco Deferred Bonus Plan ('DBP') vested to the following PDMRs.  In connection with the vest, Ordinary Shares were sold to satisfy tax liabilities and dealing costs.  A summary of the Ordinary Shares acquired, sold and retained is set out below. provided below.

 

PDMR

Number of CSAs vesting

Number of Ordinary Shares sold

Number of Ordinary Shares retained

Rupert Soames,

Group Chief Executive

493,442

232,734

260,708

David Eveleigh,

Group General Counsel and Company Secretary

73,657

34,742

38,915

Anthony Kirby,

Group Chief Operating Officer

38,934

18,364

20,570

Mark Irwin,

CEO UK & Europe

221,281

33,910

187,371

 

The price for the disposal of the Shares was £1.35472 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 23 August 2018 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

493,442







d)

 

Aggregated information




- Aggregated volume

493,442



- Price

N/A



e)

 

Date of the transaction

 

23 August 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 automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.35472

232,734







d)

 

Aggregated information




- Aggregated volume

232,734



- Price

£ 315,289.40



e)

 

Date of the transaction

 

23 August 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 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 23 August 2018 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

73,657







d)

 

Aggregated information




- Aggregated volume

73,657



- Price

N/A



e)

 

Date of the transaction

 

23 August 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 automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.35472

34,742







d)

 

Aggregated information




- Aggregated volume

34,742



- Price

£47,065.68



e)

 

Date of the transaction

 

23 August 2021

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

38,934







d)

 

Aggregated information




- Aggregated volume

38,934



- Price

N/A



e)

 

Date of the transaction

 

23 August 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 automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£ 1.35472

18,364







d)

 

Aggregated information




- Aggregated volume

18,364



- Price

£24,878.08



e)

 

Date of the transaction

 

23 August 2021

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

 

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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 23 August 2021 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

221,281







d)

 

Aggregated information




- Aggregated volume

221,281



- Price

N/A



e)

 

Date of the transaction

 

23 August 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 automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£ 1.35472

33,910







d)

 

Aggregated information




- Aggregated volume

33,910



- Price

£45,938.56



e)

 

Date of the transaction

 

23 August 2021

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

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Serco Group (SRP)
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