Director/PDMR Shareholding

Serco Group PLC

11 April 2024

 

Serco Group plc (the Company)

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRs)

The Company notifies the following changes in the interests in the ordinary shares of 2p each (Shares) of PDMRs, arising as a result of vestings from the Long-Term Incentive Plan and the Deferred Bonus Plan (Share Awards) that were granted in 2021. The vesting price was £1.859394 per Share.

Directors	Dividend Equivalents	Number of Share Awards Lapsed	Number of Share Awards Vested	Number of Shares Sold for Tax	Total Number of Shares Retained
Mark Irwin1	30,478	22,054	597,946	282,023	315,923
Nigel Crossley	22,938	31,431	450,337	212,403	237,934
Other PDMRs
David Eveleigh	23,172	16,478	454,690	214,456	240,234
Anthony Kirby	25,831	19,824	506,844	506,8442	0
Phil Malem	11,027	15,115	216,544	216,5442	0
Tom Watson	4,024	5,531	79,206	23,926	55,280

^{1. Vested Shares were transferred to spouse.}

^{2. All Vested Shares were sold.}

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		Mark Irwin
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)	Legal Entity Identifier code		549300PT2CIHYN5GWJ21
4	Details of the transaction(s) summary table
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction	Currency
	8 April 2024	Ordinary shares of 2 pence each		ISIN: GB0007973794	London Stock Exchange, Main Market (XLON)	GBP - British Pound
	Nature of Transaction			Price	Volume	Total
	Disposal - Tax Liability			£1.859394	282,023	£524,391.87
	Disposal - transfer to spouse			£1.859394	315,923	£587,425.33
		Aggregated		£1.859394	597,946	£1,111,817.20

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		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)	Legal Entity Identifier code		549300PT2CIHYN5GWJ21
4	Details of the transaction(s) summary table
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction	Currency
	8 April 2024	Ordinary shares of 2 pence each		ISIN: GB0007973794	London Stock Exchange, Main Market (XLON)	GBP - British Pound
	Nature of Transaction			Price	Volume	Total
	Disposal - Tax Liability			£1.859394	212,403	£394,940.86
		Aggregated		£1.859394	212,403	£394,940.86

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		David Eveleigh
2	Reason for the notification
a)	Position/status		Group General Counsel
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
	8 April 2024	Ordinary shares of 2 pence each		ISIN: GB0007973794	London Stock Exchange, Main Market (XLON)	GBP - British Pound
	Nature of Transaction			Price	Volume	Total
	Disposal - Tax Liability			£1.859394	214,456	£398,758.20
		Aggregated		£1.859394	214,456	£398,758.20

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Anthony Kirby
2	Reason for the notification
a)	Position/status		UK & Europe 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
	8 April 2024	Ordinary shares of 2 pence each		ISIN: GB0007973794	London Stock Exchange, Main Market (XLON)	GBP - British Pound
	Nature of Transaction			Price	Volume	Total
	Disposal			£1.859394	506,844	£942,422.69
		Aggregated		£1.859394	506,844	£942,422.69

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
	8 April 2024	Ordinary shares of 2 pence each		ISIN: GB0007973794	London Stock Exchange, Main Market (XLON)	GBP - British Pound
	Nature of Transaction			Price	Volume	Total
	Disposal			£1.859394	216,544	£402,640.61
		Aggregated		£1.859394	216,544	£402,640.61

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Tom Watson
2	Reason for the notification
a)	Position/status		North America 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
	8 April 2024	Ordinary shares of 2 pence each		ISIN: GB0007973794	London Stock Exchange, Main Market (XLON)	GBP - British Pound
	Nature of Transaction			Price	Volume	Total
	Disposal - Tax Liability			£1.859394	23,926	£44,487.86
		Aggregated		£1.859394	23,926	£44,487.86

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name of natural person		Jianghong Wang
2	Reason for the notification
a)	Position/status		Spouse of 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)	Legal Entity Identifier code		549300PT2CIHYN5GWJ21
4	Details of the transaction(s) summary table
	Date of Transaction	Financial Instrument		Identification Code	Place of Transaction	Currency
	8 April 2024	Ordinary shares of 2 pence each		ISIN: GB0007973794	London Stock Exchange, Main Market (XLON)	GBP - British Pound
	Nature of Transaction			Price	Volume	Total
	Acquisition - transfer from spouse			£1.859394	315,923	£587,425.33
		Aggregated		£1.859394	315,923	£587,425.33

Nickesha Graham-Burrell

Group Company Secretary

11 April 2024

For further information please contact:

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

Marcus De Ville, Head of Media Relations; 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.

 

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