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4 Nov 2014 16:22
Servelec Group plc ("Servelec")
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
The notification below is made in accordance with DTR 3.1.4R(1)(a).
On 3 November 2014, a Grant of Options was made through the Servelec Group plc Approved SAYE Plan (the "Plan"). The options are in respect of ordinary shares of 18 pence each in the share capital of Servelec Group plc of which there were 68,331,911 shares in issue at the time of the grant.
The interest of the under-noted person discharging managerial responsibility has changed following him being granted options under the Plan.
The grants were made at nil consideration.
| Director/PDMR | Number of Share Options Granted | Option Price (per share) | Period during which options will mature and become exercisable
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| Andrew Sullivan | 2,571 | 2.80 | 1 January 2018 to 30 June 2018 | ||
For further enquiries, please contact:
Servelec Group plc Alan Stubbs, Chief Executive Officer +44 (0) 1246 437 400 |
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Mike Cane, Chief Financial Officer Holly Smart, Investor Relations |
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Tulchan Group | +44 (0) 207 353 4200 |
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James Macey White |
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Christian Cowley |
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Notes to Editors
Servelec Group plc is a UK-based technology group, with significant intellectual property, providing software, hardware and services predominantly to the UK healthcare, oil & gas, nuclear, power, water, utilities and broadcast sectors.
Servelec Group has two operating segments; Servelec Healthcare and Servelec Automation:
- Servelec Healthcare specialises in the design, development and implementation of Electronic Patient Record and Patient Administration software within secondary care settings and is a market leader in the Mental Health and Community Health sectors in England.
- Servelec Automation provides complex, mission-critical control systems to large blue-chip companies mainly in the UK, focusing on the oil & gas, nuclear, power, water, utilities and broadcast industries. Servelec Automation also provides services from consultancy through to design, implementation, delivery, installation and on-going customer support and maintenance.
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