Serco Group PLC

Director's Dealing • Apr 12, 2019

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RNS Number : 1066W

Serco Group PLC

12 April 2019

12 April 2019

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 ('Shares')

Following the vesting of conditional share awards ('CSAs') granted to a PDMR on 6 April 2016 under the 2009 Serco Performance Share Plan ('PSP') on 8 April 2019, details of the Shares received and the automatic sale of Shares to satisfy tax liabilities are provided below.

PDMR	Number of CSAs vesting	Number of Shares sold
David Dacquino Chairman and CEO Serco Americas	149,663	45,208

The price for the disposal of the Shares was 124.23 pence 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	David Dacquino
2	Reason for the notification
a)	Position/status	Chairman and CEO Serco Americas
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 vest of conditional share awards granted on 6 April 2016 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	149,663
d)	Aggregated information
- Aggregated volume	149,663
- Price	N/A
e)	Date of the transaction	8 April 2019
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 over Ordinary Shares on 8 April 2019 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£1.2423	45,208
d)	Aggregated information
- Aggregated volume	45,208
- Price	£1.2423
e)	Date of the transaction	8 April 2019
f)	Place of the transaction	London Stock Exchange (XLON)

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