Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 4980K
Serco Group PLC
05 May 2022
 

 

5 May 2022

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')

 

On 3 May 2022, conditional share awards ('CSAs') granted on 2 July 2019 under the 2019 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.  In addition, David Eveleigh disposed of the balance of his Ordinary Shares received on vest.  A summary of the Ordinary Shares acquired, sold and retained is set out below.

 

PDMR

Number of CSAs vesting

Number of Ordinary Shares sold

Number of Ordinary Shares retained

David Eveleigh,

Group General Counsel and Company Secretary

70,150

70,150

Nil

Anthony Kirby,

Group Chief Operating Officer

104,501

50,600

53,901

Mark Irwin,

CEO UK & Europe

218,514

62,189

156,325

  

The price for the disposal of the Shares was £1.5253 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

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 2 July 2019 under the Company's 2019 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

70,150







d)

 

Aggregated information




- Aggregated volume

70,150



- Price

N/A



e)

 

Date of the transaction

 

3 May 2022

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 vesting of conditional share awards granted on 2 July 2019 under the Company's 2019 Deferred Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£ 1.5253

70,150







d)

 

Aggregated information




- Aggregated volume

70,150



- Price

£106,999.80



e)

 

Date of the transaction

 

3 May 2022

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 2 July 2019 under the Company's 2019 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

104,501







d)

 

Aggregated information




- Aggregated volume

104,501



- Price

N/A



e)

 

Date of the transaction

 

3 May 2022

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 2 July 2019 under the Company's 2019 Deferred Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£ 1.5253

50,600







d)

 

Aggregated information




- Aggregated volume

50,600



- Price

£77,180.18



e)

 

Date of the transaction

 

3 May 2022

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 2 July 2019 under the Company's 2019 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

218,514







d)

 

Aggregated information




- Aggregated volume

218,514



- Price

N/A



e)

 

Date of the transaction

 

3 May 2022

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 2 July 2019 under the Company's 2019 Deferred Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£ 1.5253

62,189







d)

 

Aggregated information




- Aggregated volume

62,189



- Price

£94,856.88



e)

 

Date of the transaction

 

3 May 2022

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

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