Serco Group PLC Director/PDMR Shareholding (9453F)
23 May 2017 - 6:05PM
UK Regulatory
TIDMSRP
RNS Number : 9453F
Serco Group PLC
23 May 2017
23 May 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
Serco Group plc ('Serco' or 'the Company'), the international
service company, announces that a conditional share award over
47,770 ordinary shares of 2p each in the Company (ISIN:
GB0007973794), granted to David Eveleigh on 29 May 2015, under the
Serco Performance Share Plan (PSP), vested on 22 May 2017. The
share award was awarded to David in connection with his appointment
to the Company to compensate for non-performance share awards
forfeited by his previous employer. The number of shares sold to
meet associated tax and NIC liabilities arising on vesting and the
number of vested shares retained is set out below:
Name Position No. of No. of shares Share No. of vested
shares sold to price shares retained
vested satisfy of shares
associated sold
tax and (p)
NIC liability
----------- -------------------- -------- --------------- ----------- -----------------
Group General
David Counsel &
Eveleigh Company Secretary 47,770 22,532 120.56 25,238
----------- -------------------- -------- --------------- ----------- -----------------
The vesting of the above share award took place outside of a
trading venue. The share sale transaction took place on the London
Stock Exchange (XLON) on 22 May 2017.
.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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