Serco Group PLC

Director's Dealing • Nov 7, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6664S

Serco Group PLC

07 November 2019

7 November 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 4 November 2019, Kevin Craven exercised nominal-cost options, granted under the 2009 Serco Performance Share Plan.  In connection with the exercise, Ordinary Shares of 2 pence each ('Ordinary Shares') were sold to satisfy tax liabilities and dealing costs. A summary of the Ordinary Shares acquired, sold and retained is set out below.

Name of PDMR	Grant date of award	Vest date of award	Number of options exercised	Ordinary Shares sold to cover costs	Share price	Number of Ordinary Shares retained
Kevin Craven, CEO UK and Europe	6 April 2016	8 April 2019	326,711	156,314	156.6 pence	170,397

The notification of dealing forms for these transactions can be found below.

Transaction notification

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 and 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 ('the Company')

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	326,711

d)

Aggregated information

- Aggregated volume

326,711

- Price

£6,534.22

e)

Date of the transaction

4 November 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 4 November 2019 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.566	156,314

d)

Aggregated information

- Aggregated volume

156,314

- Price

£ 244,787.72

e)

Date of the transaction

4 November 2019

f)

Place of the transaction

London Stock Exchange (XLON)

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

DSHUBUARKRAARAA