ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

SRP Serco Group Plc

182.40
-0.80 (-0.44%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Serco Group Plc LSE:SRP London Ordinary Share GB0007973794 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -0.44% 182.40 181.70 181.80 187.20 181.00 187.20 2,005,599 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
General Government, Nec 4.87B 202.4M 0.1834 9.91 2.01B

Serco Group PLC Director/PDMR Shareholding (9080P)

31/05/2018 4:31pm

UK Regulatory


Serco (LSE:SRP)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Serco Charts.

TIDMSRP

RNS Number : 9080P

Serco Group PLC

31 May 2018

31 May 2018

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

Serco Group plc ('Serco' or 'the Company'), the international service company, confirms the vesting of awards granted in 2015 to Rupert Soames, Angus Cockburn, David Eveleigh, Guy Leach, Kevin Craven, Mark Irwin and David Greer in the form of Nominal Cost Options ('the Awards') under the 2009 Serco Performance Share Plan ('PSP').

The performance measures and vesting details are as follows:

 
 Measure      Performance     Weighting    Outcome                      % of the 
               period                                                    award 
                                                                         vesting 
-----------  --------------  -----------  ---------------------------  --------- 
              1 January 
               2015 -                      Aggregate EPS exceeded 
 Aggregate     31 December                  the 12.5p required 
  EPS          2017           1/3(rd)       for full vesting            100% 
-----------  --------------  -----------  ---------------------------  --------- 
              1 January 
               2015 -                      Averaged ROIC exceeded 
 Average       31 December                  the 10.2% required 
  ROIC         2017           1/3(rd)       for full vesting            100% 
-----------  --------------  -----------  ---------------------------  --------- 
                                           The Company's TSR 
                                            performance over 
                                            the period when compared 
                                            to the TSR performance 
                                            of companies in the 
              17 April                      comparator group 
               2015 -                       was below the median 
 Relative      24 March                     level needed for 
  TSR          2018           1/3(rd)       vesting                     0% 
-----------  --------------  -----------  ---------------------------  --------- 
                        Total vesting in 2018 for the 2015 PSP Awards   66.67% 
---------------------------------------------------------------------  --------- 
                                                               Lapsed   33.33% 
---------------------------------------------------------------------  --------- 
 

As a result of the lapse of the TSR tranche of the 2015 PSP Awards vesting on 29 May 2018, the above named individuals are not eligible to receive ordinary shares pursuant to this tranche of the Award.

The notifications that follow are for Awards made to PDMRs and show the vesting of the Awards.

The closing price of an ordinary share of Serco Group plc at the point of vesting on 29 May 2018 was GBP0.9670.

 
 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            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 number of Ordinary Shares 
        transaction                     released on Awards granted 
                                        on 29 May 2015 under the 
                                        Company's 2009 Performance 
                                        Share Plan. 
----  ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                   ----------------  --------------- 
                                        Price(s)          Volume(s) 
----                                   ----------------  --------------- 
    GBP0.02                                               827,855 
   ----------------------------------------------------  --------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             827,855 
 
  - Price                         GBP16,557.10 
 
 e)    Date of the transaction         29 May 2018 
----  ------------------------------  ------------------------------------ 
 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            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 number of Ordinary Shares 
        transaction                     released on Awards granted 
                                        on 29 May 2015 under the 
                                        Company's 2009 Performance 
                                        Share Plan. 
----  ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                   ----------------  --------------- 
                                        Price(s)          Volume(s) 
----                                   ----------------  --------------- 
    GBP0.02                                               426,101 
   ----------------------------------------------------  --------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             426,101 
 
  - Price                         GBP8,522.02 
 
 e)    Date of the transaction         29 May 2018 
----  ------------------------------  ------------------------------------ 
 f)    Place of the transaction        N/A 
----  ------------------------------  ------------------------------------ 
 
 
 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            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 number of Ordinary Shares 
        transaction                     released on Awards granted 
                                        on 29 May 2015 under the 
                                        Company's 2009 Performance 
                                        Share Plan. 
----  ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                   ----------------  --------------- 
                                        Price(s)          Volume(s) 
----                                   ----------------  --------------- 
    GBP0.02                                               132,943 
   ----------------------------------------------------  --------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             132,943 
 
  - Price                         GBP2,658.86 
 
 e)    Date of the transaction         29 May 2018 
----  ------------------------------  ------------------------------------ 
 f)    Place of the transaction        N/A 
----  ------------------------------  ------------------------------------ 
 
 
 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 number of Ordinary Shares 
        transaction                     released on Awards granted 
                                        on 29 May 2015 under the 
                                        Company's 2009 Performance 
                                        Share Plan. 
----  ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                   ----------------  --------------- 
                                        Price(s)          Volume(s) 
----                                   ----------------  --------------- 
    GBP0.02                                               140,321 
   ----------------------------------------------------  --------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             140,321 
 
  - Price                         GBP2,806.42 
 
 e)    Date of the transaction         29 May 2018 
----  ------------------------------  ------------------------------------ 
 f)    Place of the transaction        N/A 
----  ------------------------------  ------------------------------------ 
 
 
 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            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 number of Ordinary Shares 
        transaction                     released on Awards granted 
                                        on 29 May 2015 under the 
                                        Company's 2009 Performance 
                                        Share Plan. 
----  ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                   ----------------  --------------- 
                                        Price(s)          Volume(s) 
----                                   ----------------  --------------- 
    GBP0.02                                               191,819 
   ----------------------------------------------------  --------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             191,819 
 
  - Price                         GBP3,836.38 
 
 e)    Date of the transaction         29 May 2018 
----  ------------------------------  ------------------------------------ 
 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 AsPac 
----  ------------------------------  ------------------------------------ 
 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 number of Ordinary Shares 
        transaction                     released on Awards granted 
                                        on 29 May 2015 under the 
                                        Company's 2009 Performance 
                                        Share Plan. 
----  ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                   ----------------  --------------- 
                                        Price(s)          Volume(s) 
----                                   ----------------  --------------- 
    GBP0.02                                               151,779 
   ----------------------------------------------------  --------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             151,779 
 
  - Price                         GBP3,035.58 
 
 e)    Date of the transaction         29 May 2018 
----  ------------------------------  ------------------------------------ 
 f)    Place of the transaction        N/A 
----  ------------------------------  ------------------------------------ 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  -------------------------------------------------------------------- 
 a)    Name                            David Greer 
----  ------------------------------  ------------------------------------ 
 2     Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position/status                 CEO Middle East 
----  ------------------------------  ------------------------------------ 
 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 number of Ordinary Shares 
        transaction                     released on Awards granted 
                                        on 29 May 2015 under the 
                                        Company's 2009 Performance 
                                        Share Plan. 
----  ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                   ----------------  --------------- 
                                        Price(s)          Volume(s) 
----                                   ----------------  --------------- 
    GBP0.02                                               128,310 
   ----------------------------------------------------  --------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             128,310 
 
  - Price                         GBP2,566.20 
 
 e)    Date of the transaction         29 May 2018 
----  ------------------------------  ------------------------------------ 
 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 rns@lseg.com or visit www.rns.com.

END

DSHUAUVRWWAVOAR

(END) Dow Jones Newswires

May 31, 2018 11:31 ET (15:31 GMT)

1 Year Serco Chart

1 Year Serco Chart

1 Month Serco Chart

1 Month Serco Chart

Your Recent History

Delayed Upgrade Clock