Serco Group PLC Director/PDMR Shareholding (7663C)
April 19 2017 - 10:22AM
UK Regulatory
TIDMSRP
RNS Number : 7663C
Serco Group PLC
19 April 2017
19 April 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
25,899 ordinary shares of 2p each in Company (ISIN: GB0007973794),
granted to Angus Cockburn on 31 October 2014, under the Serco
Performance Share Plan (PSP), vested on 18 April 2017. The share
award was awarded to Angus upon 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 Chief
Angus Financial
Cockburn Officer (PDMR) 25,899 12,217 112.1 13,682
----------- ----------------- -------- --------------- ----------- -----------------
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 18 April 2017.
.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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