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Serco Group PLC - Director/PDMR Shareholding

RNS Number : 3218L
Serco Group PLC
29 April 2020
 

 

29 April 2020

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 28 April 2020, the Company granted conditional share awards over Ordinary Shares ("Awards") to PDMRs under the Serco 2018 Equity Settled Bonus Plan ('ESBP').

 

The ESBP Awards were granted in connection with the compulsory deferral into shares of part of the Executive Directors' 2019 annual bonus in line with the Company's approved Directors' Remuneration Policy and have a normal vesting date of the third anniversary of grant.  As communicated in the Trading Update released on 2 April 2020, payment of the cash element of the Executive Directors' 2019 bonus has been deferred.

 

PDMR

Number of Shares subject to the Award

Rupert Soames,

Group Chief Executive

424,145

Angus Cockburn,

Group Chief Financial Officer

175,724

  

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

Rupert Soames

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)

 

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 grant of a conditional share award over Ordinary Shares under the Company's 2018 Equity Settled Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

424,145







d)

 

Aggregated information




- Aggregated volume

424,145



- Price

N/A



e)

 

Date of the transaction

 

28 April 2020

f)

 

Place of the transaction

N/A

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Angus Cockburn

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)

 

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 grant of a conditional share award over Ordinary Shares under the Company's 2018 Equity Settled Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

175,724







d)

 

Aggregated information




- Aggregated volume

175,724



- Price

N/A



e)

 

Date of the transaction

 

28 April 2020

f)

 

Place of the transaction

N/A

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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DSHUKRRRRVUSUAR

Quick facts: Serco Group

Price: 166.5882

Market: LSE
Market Cap: £20.74 m
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