Serco Group PLC

Major Shareholding Notification • Aug 24, 2021

National Storage Mechanism | Additional information

RNS Number : 6506J

Serco Group PLC

24 August 2021

24 August 2021

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

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 23 August 2021, conditional share awards ('CSAs') granted on 23 August 2018 under the 2009 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.  A summary of the Ordinary Shares acquired, sold and retained is set out below. provided below.

PDMR	Number of CSAs vesting	Number of Ordinary Shares sold	Number of Ordinary Shares retained
Rupert Soames, Group Chief Executive	493,442	232,734	260,708
David Eveleigh, Group General Counsel and Company Secretary	73,657	34,742	38,915
Anthony Kirby, Group Chief Operating Officer	38,934	18,364	20,570
Mark Irwin, CEO UK & Europe	221,281	33,910	187,371

The price for the disposal of the Shares was £1.35472 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	Rupert Soames
2	Reason for the notification
a)	Position/status	Group Chief Executive 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 23 August 2018 under the Company's 2009 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	493,442
d)	Aggregated information
- Aggregated volume	493,442
- Price	N/A
e)	Date of the transaction	23 August 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 following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£1.35472	232,734
d)	Aggregated information
- Aggregated volume	232,734
- Price	£ 315,289.40
e)	Date of the transaction	23 August 2021
f)	Place of the transaction	London Stock Exchange (XLON)

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 23 August 2018 under the Company's 2009 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	73,657
d)	Aggregated information
- Aggregated volume	73,657
- Price	N/A
e)	Date of the transaction	23 August 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 following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£1.35472	34,742
d)	Aggregated information
- Aggregated volume	34,742
- Price	£47,065.68
e)	Date of the transaction	23 August 2021
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 23 August 2018 under the Company's 2009 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	38,934
d)	Aggregated information
- Aggregated volume	38,934
- Price	N/A
e)	Date of the transaction	23 August 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 following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£1.35472	18,364
d)	Aggregated information
- Aggregated volume	18,364
- Price	£24,878.08
e)	Date of the transaction	23 August 2021
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 23 August 2021 under the Company's 2009 Deferred Bonus Plan.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		N/A	221,281
d)	Aggregated information
- Aggregated volume	221,281
- Price	N/A
e)	Date of the transaction	23 August 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 following the vesting of conditional share awards granted on 23 August 2018 under the Company's 2009 Deferred Bonus Plan
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£1.35472	33,910
d)	Aggregated information
- Aggregated volume	33,910
- Price	£45,938.56
e)	Date of the transaction	23 August 2021
f)	Place of the transaction	London Stock Exchange (XLON)

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