Serco Group PLC

Major Shareholding Notification • May 5, 2022

National Storage Mechanism | Additional information

RNS Number : 4980K

Serco Group PLC

05 May 2022

5 May 2022

Serco Group plc ('Serco' or 'the Company')

Legal Entity Identifier: 549300PT2CIHYN5GWJ21

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

On 3 May 2022, conditional share awards ('CSAs') granted on 2 July 2019 under the 2019 Serco Deferred Bonus Plan ('DBP') vested to the following PDMRs.  In connection with the vest, Ordinary Shares were sold to satisfy tax liabilities and dealing costs.  In addition, David Eveleigh disposed of the balance of his Ordinary Shares received on vest.  A summary of the Ordinary Shares acquired, sold and retained is set out below.

PDMR	Number of CSAs vesting	Number of Ordinary Shares sold	Number of Ordinary Shares retained
David Eveleigh, Group General Counsel and Company Secretary	70,150	70,150	Nil
Anthony Kirby, Group Chief Operating Officer	104,501	50,600	53,901
Mark Irwin, CEO UK & Europe	218,514	62,189	156,325

The price for the disposal of the Shares was £1.5253 per Share.

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation 596/2014.   The notification of dealing forms 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 and 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	The acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 2 July 2019 under the Company's 2019 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	70,150
d)	Aggregated information
- Aggregated volume	70,150
- Price	N/A
e)	Date of the transaction	3 May 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 sale of Ordinary Shares following the vesting of conditional share awards granted on 2 July 2019 under the Company's 2019 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£ 1.5253	70,150
d)	Aggregated information
- Aggregated volume	70,150
- Price	£106,999.80
e)	Date of the transaction	3 May 2022
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anthony Kirby
2	Reason for the notification
a)	Position/status	Group Chief Operating Officer
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 acquisition of Ordinary Shares pursuant to the vesting of conditional share awards granted on 2 July 2019 under the Company's 2019 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	104,501
d)	Aggregated information
- Aggregated volume	104,501
- Price	N/A
e)	Date of the transaction	3 May 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 following the vesting of conditional share awards granted on 2 July 2019 under the Company's 2019 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£ 1.5253	50,600
d)	Aggregated information
- Aggregated volume	50,600
- Price	£77,180.18
e)	Date of the transaction	3 May 2022
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Irwin
2	Reason for the notification
a)	Position/status	CEO UK & 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
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 vesting of conditional share awards granted on 2 July 2019 under the Company's 2019 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	218,514
d)	Aggregated information
- Aggregated volume	218,514
- Price	N/A
e)	Date of the transaction	3 May 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 following the vesting of conditional share awards granted on 2 July 2019 under the Company's 2019 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£ 1.5253	62,189
d)	Aggregated information
- Aggregated volume	62,189
- Price	£94,856.88
e)	Date of the transaction	3 May 2022
f)	Place of the transaction	London Stock Exchange (XLON)

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