Serco Group plc (the Company)
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRS)
The Company notifies the following change in interests in the ordinary shares of 2p each (Shares) of PDMRs, arising pursuant to the grant of Long-Term Incentive Plan awards (Share Awards) on 6 September 2024 at a price of £1.738 per Share, being the average closing price of the Shares over the five Dealing Days prior to the date of grant.
| PDMRs | Number of Share Awards Granted |
| Phil Malem | 70,965 |
| Tom Read | 184,119 |
Malus and clawback provisions apply to the Share Awards.
This announcement is made in accordance with the requirements of the UK version of the Market Abuse Regulation 596/2014.
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | Phil Malem | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Middle East CEO
| ||||
| 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)
| Legal Entity Identifier code
| 549300PT2CIHYN5GWJ21 | ||||
| 4
| Details of the transaction(s) summary table | |||||
|
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | |
|
| 6 September 2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Grant of Share Awards | £1.738 | 70,965 | £123,337.17
| ||
|
|
| Aggregated | £1.738 | 70,965 | £123,337.17
| |
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | Tom Read | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Group Chief Digital and Technology 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)
| Legal Entity Identifier code
| 549300PT2CIHYN5GWJ21 | ||||
| 4
| Details of the transaction(s) summary table | |||||
|
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency | |
|
| 6 September 2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Grant of Share Awards | £1.738 | 184,119 | £319,998.82 | ||
|
|
| Aggregated | £1.738 | 184,119 | £319,998.82
| |
Nickesha Graham-Burrell
Group Company Secretary
9 September 2024
For further information please contact:
Paul Checketts, Group Head of Investor Relations, tel: +44 (0) 7718 195 074 or email: paul.checketts@serco.com
Scot Marchbank, Group Communications and Marketing Director, tel: +44 (0) 7958 675 706 or email: scot.marchbank@serco.com
About Serco
Serco brings together the right people, the right technology and the right partners to create innovative solutions that make positive impact and address some of the most urgent and complex challenges facing the modern world. With a primary focus on serving governments globally, Serco's services are powered by more than 50,000 people working across defence, space, migration, justice, healthcare, mobility and customer services. Serco's core capabilities include service design and advisory, resourcing, complex programme management, systems integration, case management, engineering, and asset & facilities management.
Underpinned by Serco's unique operating model, Serco drives innovation and supports customers from service discovery through to delivery. More information can be found at www.serco.com
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