Business
Serco 2018 Equity Settled Bonus Plan Grant
Serco 2018 Equity Settled Bonus Plan Grant.
About this update from Serco Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0098U\n Serco Group PLC\n 30 March 2021\n \n \n \n \n \n \n \n 30 March 2021\n \n \n \n Serco Group plc \n \n \n ('Serco' or 'the Company')\n \n \n \n \n Legal Entity Identifier: \n \n \n 549300PT2CIHYN5GWJ21\n \n \n \n \n \n \n \n \n \n \n \n \n NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs') \n \n IN ORDINARY SHARES OF 2p EACH IN THE COMPANY ('Ordinary Shares')\n \n \n \n \n \n On 26 March 2021, the Company granted conditional share awards over Ordinary Shares (\"Awards\") to PDMRs under the Serco 2018 Equity Settled Bonus Plan ('ESBP'). \n \n \n \n \n \n The ESBP Awards were granted in connection with the compulsory deferral into shares of part of the Executive Directors' 2020 annual bonus in line with the Company's approved Directors' Remuneration Policy and have a normal vesting date of the third anniversary of grant.\n \n \n \n \n \n \n \n \n PDMR\n \n \n \n \n Number of Shares subject to the Award\n \n \n \n \n \n \n Rupert Soames, \n \n \n Group Chief Executive\n \n \n \n \n 243,692\n \n \n \n \n \n \n Angus Cockburn, \n \n \n Group Chief Financial Officer\n \n \n \n \n 85,566\n \n \n \n \n \n \n \n \n This announcement is made in accordance with the requirements of the EU Market Abuse Regulation 596/2014. The notification of dealing forms can be found below.\n \n \n \n \n \n Transaction notification\n \n \n \n \n \n \n \n \n 1 \n \n \n \n \n \n \n \n Details of the person discharging managerial responsibilities / person closely associated \n \n \n \n \n \n \n \n \n \n a) \n \n \n \n \n \n \n \n Name \n \n \n \n \n Rupert Soames\n \n \n \n \n \n \n 2 \n \n \n \n \n \n \n \n Reason for the notification \n \n \n \n \n \n \n \n \n \n a) \n \n \n \n \n \n \n \n Position/status \n \n \n \n \n \n \n \n Group Chief Executive\n \n \n \n \n \n \n b) \n \n \n \n \n \n \n \n Initial notification /Amendment \n \n \n \n \n \n \n \n Initial notification\n \n \n \n \n \n \n 3 \n \n \n \n \n \n \n \n Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor \n \n \n \n \n \n \n \n \n \n a) \n \n \n \n \n \n \n \n Name \n \n \n \n \n \n \n \n Serco Group plc\n \n \n \n \n \...