12 April 2019
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 ('Shares')
Following the vesting of conditional share awards ('CSAs') granted to a PDMR on 6 April 2016 under the 2009 Serco Performance Share Plan ('PSP') on 8 April 2019, details of the Shares received and the automatic sale of Shares to satisfy tax liabilities are provided below.
PDMR |
Number of CSAs vesting |
Number of Shares sold |
David Dacquino Chairman and CEO Serco Americas |
149,663 |
45,208 |
The price for the disposal of the Shares was 124.23 pence 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 |
David Dacquino |
2 |
Reason for the notification |
a) |
Position/status |
Chairman and 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 |
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 6 April 2016 under the Company's 2009 Performance Share Plan. |
c) |
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
N/A |
149,663 |
|
|
|
|
|
|
d) |
Aggregated information |
|
|
|
- Aggregated volume |
149,663 |
|
|
- Price |
N/A |
|
|
e) |
Date of the transaction |
8 April 2019 |
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 over Ordinary Shares on 8 April 2019 under the Company's 2009 Performance Share Plan. |
c) |
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
£1.2423 |
45,208 |
|
|
|
|
|
|
d) |
Aggregated information |
|
|
|
- Aggregated volume |
45,208 |
|
|
- Price |
£1.2423 |
|
|
e) |
Date of the transaction |
8 April 2019 |
f) |
Place of the transaction |
London Stock Exchange (XLON) |