Serco Group PLC

Director's Dealing • May 8, 2019

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RNS Number : 4004Y

Serco Group PLC

08 May 2019

8 May 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 ('Ordinary Shares')

Following the vesting of conditional share awards ('CSAs') granted to PDMRs on 3 May 2016 under the 2009 Serco Deferred Bonus Plan ('DBP') on 3 May 2019, details of Ordinary Shares sold to satisfy tax liabilities and the number of Ordinary Shares retained are provided below.

PDMR	Number of CSAs vesting	Number of Ordinary Shares sold	Number of Ordinary Shares retained
Rupert Soames, Group Chief Executive	1,154,540	544,541	609,999
Angus Cockburn, Group Chief Financial Officer	588,589	283,516	305,073
Kevin Craven, CEO UK & Europe	96,592	45,559	51,083
David Eveleigh, Group General Counsel and Company Secretary	39,494	18,629	20,865

The price for the disposal of the Ordinary Shares was £1.249672 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	Rupert Soames
2	Reason for the notification
a)	Position/status	Group Chief Executive 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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	1,154,540
d)	Aggregated information
- Aggregated volume	1,154,540
- Price	N/A
e)	Date of the transaction	3 May 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 granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£1.249672	544,541
d)	Aggregated information
- Aggregated volume	544,541
- Price	£680,497.64
e)	Date of the transaction	3 May 2019
f)	Place of the transaction	London Stock Exchange (XLON)

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 /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 vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	588,589
d)	Aggregated information
- Aggregated volume	588,589
- Price	N/A
e)	Date of the transaction	3 May 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 granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£1.249672	283,516
d)	Aggregated information
- Aggregated volume	283,516
- Price	£354,302.01
e)	Date of the transaction	3 May 2019
f)	Place of the transaction	London Stock Exchange (XLON)

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
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 vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	96,592
d)	Aggregated information
- Aggregated volume	96,592
- Price	N/A
e)	Date of the transaction	3 May 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 granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£1.249672	45,559
d)	Aggregated information
- Aggregated volume	45,559
- Price	£56,933.81
e)	Date of the transaction	3 May 2019
f)	Place of the transaction	London Stock Exchange (XLON)

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 /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 vesting of conditional share awards granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	39,494
d)	Aggregated information
- Aggregated volume	39,494
- Price	N/A
e)	Date of the transaction	3 May 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 granted on 3 May 2016 under the Company's 2009 Deferred Bonus Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£1.249672	18,629
d)	Aggregated information
- Aggregated volume	18,629
- Price	£23,280.14
e)	Date of the transaction	3 May 2019
f)	Place of the transaction	London Stock Exchange (XLON)

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