Serco Group PLC

Director's Dealing • Jun 26, 2019

National Storage Mechanism | Additional information

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RNS Number : 4883D

Serco Group PLC

26 June 2019

26 June 2019

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

On 24 June 2019, Mark Irwin exercised 275,605 nominal-cost options, granted under the 2009 Serco Performance Share Plan on 6 April 2016.  200,000 Ordinary Shares of 2 pence each ('Ordinary Shares') were sold at 138 pence per Ordinary Share to satisfy tax liabilities and dealing costs. The remaining balance of 75,605 Ordinary Shares were retained.

Name of PDMR	Grant date of award	Vest date of award	Number of shares exercised	Number of shares sold	Share price	Number of shares retained
Mark Irwin, CEO ASPAC	6 April 2016	8 April 2019	275,605	200,000	138 pence	75,605

The notification of dealing forms can be found below.

Transaction notification

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 /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 exercise of nominal-cost options over Ordinary Shares granted on 6 April 2016 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.02	275,605

d)

Aggregated information

- Aggregated volume

275,605

- Price

£5,512,10

e)

Date of the transaction

24 June 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 sale of Ordinary Shares to satisfy tax liabilities and dealing costs following the exercise of nominal-cost options over Ordinary Shares on 24 June 2019 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.38	200,000

d)

Aggregated information

- Aggregated volume

200,000

- Price

£276,000

e)

Date of the transaction

24 June 2019

f)

Place of the transaction

London Stock Exchange (XLON)

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