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Serco Group PLC - Director/PDMR Shareholding

RNS Number : 9481M
Serco Group PLC
14 May 2020
 

 

14 May 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 11 May 2020, conditional share awards ('CSAs') granted on 9 May 2017 under the 2009 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.  A summary of the Ordinary Shares acquired, sold and retained is set out below. provided below.

 

PDMR

Number of CSAs vesting

Number of Ordinary Shares sold

Number of Ordinary Shares retained

Rupert Soames,

Group Chief Executive

873,926

412,189

461,737

Angus Cockburn,

Group Chief Financial Officer

441,470

212,651

228,819

Kevin Craven,

CEO, UK & Europe

212,874

100,403

112,471

David Eveleigh,

Group General Counsel and Company Secretary

63,218

29,818

33,400

Mark Irwin,

CEO, ASPAC

281,092

Nil

281,092

  

The price for the disposal of the Shares was £1.3076 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

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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 9 May 2017 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

873,926







d)

 

Aggregated information




- Aggregated volume

873,926



- Price

N/A



e)

 

Date of the transaction

 

11 May 2020

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 9 May 2017 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.3076

412,189







d)

 

Aggregated information




- Aggregated volume

412,189



- Price

£ 538,978



e)

 

Date of the transaction

 

11 May 2020

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

 

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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 9 May 2017 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

441,470







d)

 

Aggregated information




- Aggregated volume

441,470



- Price

N/A



e)

 

Date of the transaction

 

11 May 2020

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 9 May 2017 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.3076

212,651







d)

 

Aggregated information




- Aggregated volume

212,651



- Price

£ 278,062



e)

 

Date of the transaction

 

11 May 2020

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Kevin Craven

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 9 May 2017 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

212,874







d)

 

Aggregated information




- Aggregated volume

212,874



- Price

N/A



e)

 

Date of the transaction

 

11 May 2020

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 9 May 2017 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.3076

100,403







d)

 

Aggregated information




- Aggregated volume

100,403



- Price

£131,287



e)

 

Date of the transaction

 

11 May 2020

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

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 9 May 2017 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

63,218







d)

 

Aggregated information




- Aggregated volume

63,218



- Price

N/A



e)

 

Date of the transaction

 

11 May 2020

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 9 May 2017 under the Company's 2009 Deferred Bonus Plan

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.3076

29,818







d)

 

Aggregated information




- Aggregated volume

29,818



- Price

£38,990



e)

 

Date of the transaction

 

11 May 2020

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 ASPAC

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 9 May 2017 under the Company's 2009 Deferred Bonus Plan.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

281,092







d)

 

Aggregated information




- Aggregated volume

281,092



- Price

N/A



e)

 

Date of the transaction

 

11 May 2020

f)

 

Place of the transaction

N/A

 


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END
 
 
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Quick facts: Serco Group

Price: 166.5882

Market: LSE
Market Cap: £20.73 m
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