12 Apr 2019 16:20
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12 April 2019
Serco Group plc ('Serco' or 'the Company')
Legal Entity Identifier: 549300PT2CIHYN5GWJ21
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NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2p EACH IN THE COMPANY ('Shares')
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Following the vesting of conditional share awards ('CSAs') granted to a PDMR on 6 April 2016 under the 2009 Serco Performance Share Plan ('PSP') on 8 April 2019, details of the Shares received and the automatic sale of Shares to satisfy tax liabilities are provided below.
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PDMR | Number of CSAs vesting | Number of Shares sold |
David Dacquino Chairman and CEO Serco Americas | 149,663 | 45,208 |
The price for the disposal of the Shares was 124.23 pence per Share.
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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.
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Transaction notification
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1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | Name | David Dacquino | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β | Chairman and CEO Serco Americas | |||
b) Β | Initial notification /Amendment Β | Initial notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name Β | Serco Group plc | |||
b) Β | LEI Β | 549300PT2CIHYN5GWJ21 | |||
4 Β | 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 Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary Shares of 2 pence each ('Ordinary Shares') Β | |||
Identification code | ISIN: GB0007973794 | ||||
b) Β | Nature of the transaction Β Β | The acquisition of Ordinary Shares pursuant to the vest of conditional share awards granted on 6 April 2016 under the Company's 2009 Performance Share Plan. Β | |||
c) Β | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
N/A | 149,663 | ||||
d) Β | Aggregated information | ||||
- Aggregated volume | 149,663 | ||||
- Price | N/A | ||||
e) Β | Date of the transaction Β | 8 April 2019 | |||
f) Β | Place of the transaction | N/A | |||
4 Β | 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 Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary Shares of 2 pence each ('Ordinary Shares') Β | |||
Identification code | ISIN: GB0007973794 | ||||
b) Β | Nature of the transaction Β Β | The automatic sale of Ordinary Shares to satisfy tax liabilities following the vesting of conditional share awards over Ordinary Shares on 8 April 2019 under the Company's 2009 Performance Share Plan. Β | |||
c) Β | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Β£1.2423 | 45,208 | ||||
d) Β | Aggregated information | ||||
- Aggregated volume | 45,208 | ||||
- Price | Β£1.2423 | ||||
e) Β | Date of the transaction Β | 8 April 2019 | |||
f) Β | Place of the transaction | London Stock Exchange (XLON) | |||
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