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 dividend equivalents on 4 October 2024 at a price of £1.746 per Share.
| Directors | Dividend Equivalents |
| Mark Irwin | 23,624 |
| Nigel Crossley | 13,104 |
| | |
| PDMRs |
|
| Gillian Duggan | 5,226 |
| David Eveleigh | 9,426 |
| Andrew Head | 2,389 |
| Anthony Kirby | 11,148 |
| Philip Malem | 5,178 |
| Ruth McGowan | 2,680 |
| Thomas Watson | 6,972 |
Dividend equivalents are applied to awards granted under the Long-Term Incentive Plan, the Equity Settled Bonus Plan and the Deferred Bonus Plan. Malus and clawback provisions apply.
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 | Mark Irwin | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Group Chief Executive | ||||
| 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 | |
|
| 4/10/2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Dividend equivalents | £1.746 | 23,624
| £41,247.50
| ||
|
|
| Aggregated | £1.746 | 23,624 | £41,247.50
| |
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | Nigel Crossley | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Group Chief Financial 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 | |
|
| 4/10/2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Dividend equivalents | £1.746 | 13,104
| £22,879.58
| ||
|
|
| Aggregated | £1.746 | 13,104 | £22,879.58
| |
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | Gillian Duggan | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Group Chief People and Culture 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 | |
|
| 4/10/2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Dividend equivalents | £1.746 | 5,226 | £9,124.60
| ||
|
|
| Aggregated | £1.746 | 5,226 | £9,124.60
| |
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | David Eveleigh | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Group General Counsel | ||||
| 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 | |
|
| 4/10/2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Dividend equivalents | £1.746 | 9,426 | £16,457.80 | ||
|
|
| Aggregated | £1.746 | 9,426 | £16,457.80 | |
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | Andrew Head | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Asia Pacific 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 | |
|
| 4/10/2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Dividend equivalents | £1.746 | 2,389 | £4,171.19
| ||
|
|
| Aggregated | £1.746 | 2,389 | £4,171.19
| |
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | Anthony Kirby | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| UK & Europe 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 | |
|
| 4/10/2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Dividend equivalents | £1.746 | 11,148 | £19,464.41 | ||
|
|
| Aggregated | £1.746 | 11,148 | £19,464.41 | |
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | Philip 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 | |
|
| 4/10/2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Dividend equivalents | £1.746 | 5,178 | £9,040.79
| ||
|
|
| Aggregated | £1.746 | 5,178 | £9,040.79
| |
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | Ruth McGowan | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Group Chief Strategy & Growth 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 | |
|
| 4/10/2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Dividend equivalents | £1.746 | 2,680 | £4,679.28 | ||
|
|
| Aggregated | £1.746 | 2,680 | £4,679.28 | |
| 1
| Details of the person discharging managerial responsibilities/person closely associated
| |||||
| a)
| Name of natural person | Thomas Watson | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| North America 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 | |
|
| 4/10/2024 | Ordinary shares of 2 pence each | ISIN: GB0007973794 | Outside a trading venue | GBP - British Pound | |
|
| Nature of Transaction |
| Price | Volume | Total | |
|
| Dividend equivalents | £1.746 | 6,972 | £12,173.11 | ||
|
|
| Aggregated | £1.746 | 6,972 | £12,173.11 | |
Nickesha Graham-Burrell
Group Company Secretary
7 October 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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