Serco Group PLC

Director's Dealing • Dec 21, 2017

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RNS Number : 0567A

Serco Group PLC

21 December 2017

21 December 2017

Serco Group plc (the Company)

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 19 December 2017, the PDMR named below exercised vested nil-cost options that were granted on 31 October 2014 under the 2009 Serco Performance Share Plan (PSP) and vested on 31 October 2017. The notification below reflects the changes in the interests of the PDMR in Ordinary Shares of the Company arising from the exercise of options and sale of Ordinary Shares to meet tax liabilities.

Transaction notification

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Angus Cockburn
2	Reason for the notification
a)	Position/status	Chief Financial 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 exercise of nil-cost options over Ordinary Shares granted on 31 October 2014 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	56,356
d)	Aggregated information
- Aggregated volume	53,356
- Price	N/A
e)	Date of the transaction	19 December 2017
f)	Place of the transaction	N/A

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Angus Cockburn
2	Reason for the notification
a)	Position/status	Chief Financial 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 sale of Ordinary Shares to meet tax liabilities following the exercise of nil-cost options granted on 31 October 2014 under the Company's 2009 Performance Share Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£0.9740	27,197
d)	Aggregated information
- Aggregated volume	27,197
- Price	£26,489.88
e)	Date of the transaction	19 December 2017
f)	Place of the transaction	London Stock Exchange (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

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