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Serco Discloses Executive Share Award Vesting and Tax-Related Disposals

Story Highlights
  • Serco reported 2023 incentive and deferred bonus share awards vesting for top executives, including CEO Anthony Kirby and Middle East CEO Phil Malem.
  • Executives sold portions of newly vested shares at £2.922234 to meet obligations, with Serco highlighting regulatory compliance and malus and clawback protections.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Serco Discloses Executive Share Award Vesting and Tax-Related Disposals

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Serco Group plc ( (GB:SRP) ) just unveiled an announcement.

Serco Group plc has disclosed changes in the shareholdings of senior executives following the vesting of awards granted in 2023 under its Long-Term Incentive Plan and Deferred Bonus Plan. Group Chief Executive Anthony Kirby saw a substantial number of share awards vest, with part of his holding sold to cover a tax liability, while Middle East CEO Phil Malem also disposed of vested shares in a separate transaction.

The transactions, executed on 7 April 2026 at a price of £2.922234 per share, were notified under UK market abuse regulations and include the application of malus and clawback provisions to the awards. The disclosures underscore Serco’s adherence to regulatory transparency on executive remuneration and equity incentives, providing investors with detail on how leadership is rewarded and aligned with shareholder interests.

The most recent analyst rating on (GB:SRP) stock is a Buy with a £350.00 price target. To see the full list of analyst forecasts on Serco Group plc stock, see the GB:SRP Stock Forecast page.

Spark’s Take on SRP Stock

According to Spark, TipRanks’ AI Analyst, SRP is a Outperform.

The score is driven primarily by strong cash generation and an improved balance-sheet profile, supported by a very low P/E valuation. Technicals are positive with the stock in an uptrend, while earnings-call takeaways are constructive (profit-growth guidance and strong pipeline) but tempered by near-term headwinds (immigration exposure), higher debt/finance costs, and execution/timing risks.

To see Spark’s full report on SRP stock, click here.

More about Serco Group plc

Serco Group plc is an international outsourcing and public services provider focused on serving governments around the world. The company employs more than 50,000 people delivering services across defence, space, migration, justice, healthcare, mobility and customer services, with core capabilities in service design, programme management, systems integration and facilities management.

Average Trading Volume: 3,006,800

Technical Sentiment Signal: Buy

Current Market Cap: £2.96B

See more insights into SRP stock on TipRanks’ Stock Analysis page.

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