Serco Group PLC Director/PDMR Shareholding (2595X)

TIDMSRP

RNS Number : 2595X

Serco Group PLC

22 November 2017

22 November 2017

Serco Group plc

Legal Entity Identifier: 549300PT2CIHYN5GWJ21

INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ACCORDANCE WITH ARTICLE 19 OF THE EU MARKET ABUSE REGULATION 596/2014

Following the 21 November 2017 exercise of vested options that were granted on 27 June 2014 under the 2009 Serco Performance Share Plan ('PSP') and vested on 27 June 2017, the following notification received on 21 November 2017 reflects the changes in the interests of PDMRs in Ordinary Shares of the Company arising from the sale of Ordinary Shares to meet tax liabilities:

Transaction notification

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------------ 
 a)    Name                           Guy Leach 
----  -----------------------------  ----------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------------ 
 a)    Position/status                Risk & Acquisitions Director 
----  -----------------------------  ----------------------------------------- 
 b)    Initial notification           Initial notification 
        /Amendment 
----  -----------------------------  ----------------------------------------- 
 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                 Ordinary Shares of 2 pence 
        the financial                  each ('Ordinary Shares') 
        instrument, type 
        of instrument 
---- 
 
       Identification                 ISIN: GB0007973794 
        code 
 
 b)    Nature of the                  The sale of Ordinary Shares 
        transaction                    to meet tax liabilities following 
                                       the exercise of options granted 
                                       on 27 June 2014 under the 
                                       Company's 2009 Performance 
                                       Share Plan. 
----  -----------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s) 
----                                  -------------------  ----------------- 
                                       Price(s)             Volume(s) 
----                                  -------------------  ----------------- 
    GBP0.9820                                               23,570 
   ------------------------------------------------------  ----------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume            23,570 
 
  - Price                        GBP23,145.74 
 
 e)    Date of the transaction        21 November 2017 
----  -----------------------------  ----------------------------------------- 
 f)    Place of the transaction       London Stock Exchange (XLON) 
----  -----------------------------  ----------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 22, 2017 08:52 ET (13:52 GMT)