Serco Group PLC

Director's Dealing • Jun 29, 2021

National Storage Mechanism | Additional information

RNS Number : 3901D

Serco Group PLC

29 June 2021

29 June 2021

Serco Group plc

Legal Entity Identifier: 549300PT2CIHYN5GWJ21

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

On 25 June 2021, conditional share awards ('CSAs') granted to David Dacquino on 25 June 2018 under the 2009 Serco Performance Share Plan, vested.  In connection with the vest, 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 Ordinary Shares acquired through vesting CSAs	Number of Ordinary Shares sold to cover costs	Number of Ordinary Shares retained
David Dacquino, CEO Serco Americas	25 June 2018	25 June 2021	518,128	153,542	364,586

The price for the disposal of the Ordinary Shares was £ 1.29965 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 this transaction 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

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 ('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 acquisition of Ordinary Shares pursuant to the vest of conditional share awards granted on 25 June 2018 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	518,128

d)

Aggregated information

- Aggregated volume

518,128

- Price

N/A

e)

Date of the transaction

25 June 2021

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 and dealing costs following the vesting of conditional share awards over Ordinary Shares on 25 June 2021 under the Company's 2009 Performance Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.29965	153,542

d)

Aggregated information

- Aggregated volume

153,542

- Price

£199,550.86

e)

Date of the transaction

25 June 2021

f)

Place of the transaction

London Stock Exchange (XLON)

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