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Serco Group PLC - Director/PDMR Shareholding

RNS Number : 8341Q
Serco Group PLC
23 June 2020
 

23 June 2020

Serco Group plc (the 'Company')

Legal Entity Identifier: 549300PT2CIHYN5GWJ21

 

INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2p EACH IN THE COMPANY ('Ordinary Shares')

 

On 19 June 2020, Kevin Craven exercised nominal-cost options granted under the 2009 Serco Performance Share Plan and, on the same date, sold the full balance of Ordinary Shares acquired.

 

A summary of the Ordinary Shares acquired and sold is set out below.

 

Name of PDMR

Grant date of award

Vest date of award

Number of Ordinary Shares acquired

Ordinary Shares sold

Kevin Craven, CEO, UK & Europe

6 April 2017

6 April 2020

220,000

220,000

 

The price for the disposal of the Ordinary Shares was £1.5425 per Share.

 

This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

 

The notification of dealing forms for these transactions can be found below.

 

Transaction notification

 

 

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 ('the Company')

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 exercise of nominal-cost options over Ordinary Shares granted on 6 April 2017 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£0.02

220,000

d)

 

Aggregated information




- Aggregated volume

220,000



- Price

£4,400



e)

 

Date of the transaction

 

19 June 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 sale of Ordinary Shares following the exercise of nominal-cost options over Ordinary Shares on 19 June 2020 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£1.5425

220,000

d)

 

Aggregated information




- Aggregated volume

220,000



- Price

£339,350



e)

 

Date of the transaction

 

19 June 2020

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

 

 


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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DSHUOASRROUNUAR

Quick facts: Serco Group

Price: 169.4

Market: LSE
Market Cap: £2.09 billion
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