TIDMSRP

RNS Number : 9516J

Serco Group PLC

03 July 2017

3 July 2017

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

Following the 30 June 2017 exercise of vested options that were granted on 27 June 2014 under the 2009 Serco Performance Share Plan ("PSP"), as notified on the same day, the notification that follows reflects the changes in the interests of Persons Discharging Managerial Responsibilities (PDMRs) in Ordinary Shares of the Company arising from the sale or withholding of Ordinary Shares to meet tax liabilities.

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          Initial notification 
        /Amendment 
----  ----------------------------  --------------------------------------- 
 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                Ordinary shares of 2 pence 
        the financial                 each ("Ordinary Shares") 
        instrument, type 
        of instrument 
---- 
 
       Identification                ISIN: GB0007973794 
        code 
 
 b)    Nature of the                 The sale of Ordinary Shares 
        transaction                   to meet tax liabilities for 
                                      the exercise of options granted 
                                      which vested on 27 June 2017 
                                      under the Company's 2009 
                                      Performance Share Plan. 
----  ----------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
----                                 --------------------  -------------- 
                                      Price(s)              Volume(s) 
----                                 --------------------  -------------- 
    GBP1.158566                                             36,308 
   ------------------------------------------------------  -------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume           36,308 
 
  - Price                       GBP42,065.21 
 
 e)    Date of the transaction       30/06/2017 
----  ----------------------------  --------------------------------------- 
 f)    Place of the transaction      London Stock Exchange (XLON) 
----  ----------------------------  --------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 03, 2017 08:56 ET (12:56 GMT)

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