Source - LSE Regulatory
RNS Number : 3901D
Serco Group PLC
29 June 2021
 

29 June 2021

Serco Group plc

Legal Entity Identifier: 549300PT2CIHYN5GWJ21

 

INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') IN ORDINARY SHARES OF 2 PENCE EACH IN THE COMPANY ('Ordinary Shares')

 

On 25 June 2021, conditional share awards ('CSAs') granted to David Dacquino on 25 June 2018 under the 2009 Serco Performance Share Plan, vested.  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.

 

Name of PDMR

Grant date of award

Vest date of award

Number of Ordinary Shares acquired through vesting CSAs

Number of Ordinary Shares sold to cover costs

Number of Ordinary Shares retained

David Dacquino,

CEO Serco Americas

25 June 2018

25 June 2021

518,128

153,542

364,586

 

The price for the disposal of the Ordinary Shares was £ 1.29965 per Share.

 

This announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation 596/2014.

 

The notification of dealing forms for this transaction can be found below.

 

Transaction notification

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

David Dacquino

2

 

Reason for the notification

 

a)

 

Position/status

 

CEO Serco Americas

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 ('the Company')

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 vest of conditional share awards granted on 25 June 2018 under the Company's 2009 Performance Share Plan.

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

N/A

518,128

d)

 

Aggregated information




- Aggregated volume

518,128



- Price

N/A



e)

 

Date of the transaction

 

25 June 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 and dealing costs following the vesting of conditional share awards over Ordinary Shares on 25 June 2021 under the Company's 2009 Performance Share Plan.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£1.29965

153,542

d)

 

Aggregated information




- Aggregated volume

153,542



- Price

£199,550.86



e)

 

Date of the transaction

 

25 June 2021

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHUWVNRASUNUAR
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJBell logo

Related Charts

Serco Group PLC (SRP)

+0.50p (+0.26%)
delayed 18:45PM