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Serco Group PLC - Director/PDMR Shareholding

RNS Number : 6919B
Serco Group PLC
09 October 2020
 

 

9 October 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 6 October 2020, the Company granted conditional share awards ('Matching Awards') to the following PDMRs under the Serco Group plc 2019 Deferred Bonus Plan ('DBP'):   

 

PDMR

Number of Shares subject to the Matching Award

David Eveleigh,

Group General Counsel & Company Secretary

225,658

Mark Irwin,

CEO UK & Europe

216,330

Anthony Kirby,

Group Chief Operating Officer

151,932

 

The Matching Awards have a normal vesting date of 5 May 2023 and vesting is conditional on continued employment, the continued holding of the Investment Shares purchased on 4 May 2020 pursuant to the earlier voluntary deferral of a proportion of their 2019 annual bonus, and the satisfaction of an EPS performance measure tested over the relevant three-year performance period.

 

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 & 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 grant of conditional share awards on 6 October 2020 under the Serco Group plc 2019 Deferred Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




n/a

225,658







d)

 

Aggregated information




- Aggregated volume

225,658



- Price

n/a



e)

 

Date of the transaction

 

6 October 2020

f)

 

Place of the transaction

n/a

 

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 grant of conditional share awards on 6 October 2020 under the Serco Group plc 2019 Deferred Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




n/a

216,330







d)

 

Aggregated information




- Aggregated volume

216,330



- Price

n/a



e)

 

Date of the transaction

 

6 October 2020

f)

 

Place of the transaction

n/a

 

 

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 grant of conditional share awards on 6 October 2020 under the Serco Group plc 2019 Deferred Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




n/a

151,932







d)

 

Aggregated information




- Aggregated volume

151,932



- Price

n/a



e)

 

Date of the transaction

 

6 October 2020

f)

 

Place of the transaction

n/a

 

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END
 
 
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Market: LSE
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