Director/PDMR Shareholding
Updated : 10:11
13 November 2018
Serco Group plc
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 9 November 2018, Rupert Soames and Angus Cockburn exercised nominal-cost options that were granted on 29 May 2015 under the 2009 Serco Performance Share Plan (PSP) and vested on 29 May 2018. 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 and option costs.
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 | |||
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 nominal-cost options over Ordinary Shares granted on 29 May 2015 under the Company's 2009 Performance Share Plan.
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
N/A | 827,855 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 827,855 | ||||
- Price | N/A | ||||
e)
| Date of the transaction
| 9 November 2018 | |||
f)
| Place of the transaction | N/A |
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 | |||
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 and option costs following the exercise of nominal-cost options over Ordinary Shares on 9 November 2018 under the Company's 2009 Performance Share Plan.
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£0.9570 | 399,661 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 399,661 | ||||
- Price | £382,487.57 | ||||
e)
| Date of the transaction
| 9 November 2018 | |||
f)
| Place of the transaction | London Stock Exchange (XLON) |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Angus Cockburn | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Group 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 nominal-cost options over Ordinary Shares granted on 29 May 2015 under the Company's 2009 Performance Share Plan.
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
N/A | 426,101 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 426,101 | ||||
- Price | N/A | ||||
e)
| Date of the transaction
| 9 November 2018 | |||
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
| Group 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 and option costs following the exercise of nominal-cost options over Ordinary Shares on 9 November 2018 under the Company's 2009 Performance Share Plan.
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£0.9570 | 209,895 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 209,895 | ||||
- Price | £200,875.81 | ||||
e)
| Date of the transaction
| 9 November 2018 | |||
f)
| Place of the transaction | London Stock Exchange (XLON) |
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