Serco Group PLC

Director's Dealing • Apr 21, 2020

National Storage Mechanism | Additional information

RNS Number : 3942K

Serco Group PLC

21 April 2020

21 April 2020

Serco Group plc

Legal Entity Identifier: 549300PT2CIHYN5GWJ21

INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2p EACH IN THE COMPANY ('Ordinary Shares')

On 17 April 2020, David Eveleigh exercised 171,091 nominal-cost options granted under the 2009 Serco Performance Share Plan and, on the same date, sold 102,102 Ordinary Shares. The remaining balance of 68,989 Ordinary Shares was transferred to his spouse for nil consideration. 

A summary of the Ordinary Shares acquired, sold and transferred is set out below.

Name of PDMR	Grant date of award	Vest date of award	Number of Ordinary Shares acquired	Ordinary Shares sold	Number of Ordinary Shares transferred to spouse
David Eveleigh, Group General Counsel & Company Secretary	6 April 2017	6 April 2020	171,091	102,102	68,989

The price for the disposal of the Ordinary Shares was £1.3051 per Share.

This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

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

David Eveleigh

2

Reason for the notification

a)

Position/status

Group General Counsel & 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 ('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 2017 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.02	171,091

d)

Aggregated information

- Aggregated volume

171,091

- Price

£3,421.82

e)

Date of the transaction

17 April 2020

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 following the exercise of nominal-cost options over Ordinary Shares on 17 April 2020 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.3051	102,102

d)

Aggregated information

- Aggregated volume

102,102

- Price

£133,253.32

e)

Date of the transaction

17 April 2020

f)

Place of the transaction

London Stock Exchange (XLON)

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 transfer of 68,989 Ordinary Shares to Spouse for nil consideration.

No change in beneficial ownership.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.00

68,989

d)

Aggregated information

- Aggregated volume

68,989

- Price

£0.00

e)

Date of the transaction

17 April 2020

f)

Place of the transaction

N/A

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Katharine Eveleigh

2

Reason for the notification

a)

Position/status

PCA of David Eveleigh (Group General Counsel & 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

Receipt of Ordinary Shares from spouse for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.00

68,989

d)

Aggregated information

- Aggregated volume

68,989

- Price

£0.00

e)

Date of the transaction

17 April 2020

f)

Place of the transaction

N/A

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