30 March 2021
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 26 March 2021, the Company granted conditional share awards over Ordinary Shares ("Awards") to PDMRs under the Serco 2018 Equity Settled Bonus Plan ('ESBP').
The ESBP Awards were granted in connection with the compulsory deferral into shares of part of the Executive Directors' 2020 annual bonus in line with the Company's approved Directors' Remuneration Policy and have a normal vesting date of the third anniversary of grant.
| PDMR | Number of Shares subject to the Award |
| Rupert Soames, Group Chief Executive | 243,692 |
| Angus Cockburn, Group Chief Financial Officer | 85,566 |
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 | |||
| 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 grant of a conditional share award over Ordinary Shares under the Company's 2018 Equity Settled Bonus Plan.
| |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | N/A | 243,692 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 243,692 | ||||
| | | ||||
| - Price | N/A | ||||
| | | ||||
| e)
| Date of the transaction
| 26 March 2021 | |||
| 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 grant of a conditional share award over Ordinary Shares under the Company's 2018 Equity Settled Bonus Plan.
| |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | N/A | 85,566 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 85,566 | ||||
| | | ||||
| - Price | N/A | ||||
| | | ||||
| e)
| Date of the transaction
| 26 March 2021 | |||
| f)
| Place of the transaction | N/A | |||
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