Serco Group PLC

Director's Dealing • Apr 27, 2022

National Storage Mechanism | Additional information

RNS Number : 5618J

Serco Group PLC

27 April 2022

27 April 2022

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 26 April 2022, conditional share awards ('CSAs') granted to Rupert Soames on 26 April 2019 under the 2018 Equity Settled Bonus 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 CSAs vesting	Number of Ordinary Shares sold	Number of Ordinary Shares retained
Rupert Soames, Group Chief Executive	26 April 2019	26 April 2022	242,887	117,606	125,281

The price for the disposal of the Ordinary Shares was £1.500893 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

Rupert Soames

2

Reason for the notification

a)

Position/status

Group Chief Executive

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 26 April 2019 under the Company's 2018 Equity Settled Bonus Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
N/A	242,887

d)

Aggregated information

- Aggregated volume

242,887

- Price

N/A

e)

Date of the transaction

26 April 2022

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 26 April 2022 under the Company's 2018 Equity Settled Bonus Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.500893	117,606

d)

Aggregated information

- Aggregated volume

117,606

- Price

£176,514.02

e)

Date of the transaction

26 April 2022

f)

Place of the transaction

London Stock Exchange (XLON)

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