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5 May 2022 13:50
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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