Source - LSE Regulatory
RNS Number : 8677U
Serco Group PLC
08 April 2021
 

 

8 April 2021

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 6 April 2021, pursuant to the earlier voluntary deferral of a proportion of their 2020 annual bonus and, in accordance with the rules of the Serco Group plc 2019 Deferred Bonus Plan ('the Plan'), ordinary shares of 2 pence each ('Investment Shares') were acquired on behalf of the PDMRs. 

 

On the same day, following the acquisition of the Investment Shares and in accordance with the rules of the Plan, the Company granted conditional share awards ('Matching Share Awards') to the PDMRs.

 

Details of each transaction are summarised in the table below.    

 

PDMR

Investment Shares

Purchased

Matching Share Awards granted

David Eveleigh,

Group General Counsel & Company Secretary

54,593

207,456

Mark Irwin,

CEO UK and Europe

70,413

267,572

Anthony Kirby,

Group Chief Operating Officer

55,642

211,444

 

The Matching Share Awards have a normal vesting date of 6 April 2024 and vesting is conditional on continued employment, the continued holding of the Investment Shares, and the satisfaction of an EPS performance measure tested over the relevant three-year performance period.

 

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 & 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

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.4103

54,593







d)

 

Aggregated information




- Aggregated volume

54,593



- Price

£ 76,992.51



e)

 

Date of the transaction

 

6 April 2021

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

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 conditional share awards on 6 April 2021 under the Serco Group plc 2019 Deferred Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




n/a

207,456







d)

 

Aggregated information




- Aggregated volume

207,456



- Price

n/a



e)

 

Date of the transaction

 

6 April 2021

f)

 

Place of the transaction

n/a

 

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 and 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

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.4103

70,413







d)

 

Aggregated information




- Aggregated volume

70,413



- Price

£ 99,303.45



e)

 

Date of the transaction

 

6 April 2021

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

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 conditional share awards on 6 April 2021 under the Serco Group plc 2019 Deferred Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




n/a

267,572







d)

 

Aggregated information




- Aggregated volume

267,572



- Price

n/a



e)

 

Date of the transaction

 

6 April 2021

f)

 

Place of the transaction

n/a

 

 

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

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£1.4103

55,642







d)

 

Aggregated information




- Aggregated volume

55,642



- Price

£ 78,471.91



e)

 

Date of the transaction

 

6 April 2021

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

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 conditional share awards on 6 April 2021 under the Serco Group plc 2019 Deferred Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




n/a

211,444







d)

 

Aggregated information




- Aggregated volume

211,444



- Price

n/a



e)

 

Date of the transaction

 

6 April 2021

f)

 

Place of the transaction

n/a

 

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