Director/PDMR Shareholding

RNS Number : 4657G

SSP Group PLC

01 March 2018

 

FOR IMMEDIATE RELEASE                                                                                 LEI: 213800QGNIWTXFMENJ24

1 March 2018

SSP Group plc

(the "Company")

Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR") in connection with the Vesting and Exercise of Awards under the Performance Share Plan ("PSP")

The Company today makes the following announcement regarding the vesting and exercise of the first PSP awards granted following the IPO in 2014 over ordinary shares of 1p in the capital of the Company (the "Shares") held by certain of its PDMRs under the PSP (the "PSP Awards").  Full details of the PSP Awards are included in SSP's 2017 Annual Report:

Name of PDMR	Position	Number of Shares acquired on vesting/exercise of PSP Awards	Number of Shares sold on vesting/exercise of PSP Awards	Total number of Shares held following sale*
Kate Swann	Chief Executive Officer	742,617	742,617	4,604,035
Jonathan Davies	Chief Financial Officer	247,538	118,998	1,438,940
Simon Smith	CEO - UK & Ireland	201,125	96,686	923,243
Michael Svagdis	CEO - America	226,945	111,510	115,435
Nick Inkster	CEO - Nordics & Spain	191,842	92,223	362,821
Christopher Rayner	CEO - Asia Pacific	134,711	0	920,610

*not including unvested/unexercised awards under the PSP. This does include issued Shares held in the Company's UK and International Share Incentive Plans but not any Matching Awards relating to unissued Shares in the case of the Company's International Share Incentive Plan.

The notification of dealing forms for each PDMR can be found below.

This announcement, including the notifications below, is made in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

 For further information, please contact:

 SSP Group plc

Helen Byrne, Company Secretary                   

Tel:  [phone]

1	Details of the person discharging managerial responsibility
a)	Name	Kate Swann
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	SSP Group plc
b)	Legal Entity Identifier Code	213800QGNIWTXFMENJ24
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 1 pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	1.      Exercise of an Award to acquire Shares under the Company's Performance Share Plan; and 2.      Sales of Shares acquired on the exercise of an Award under the Company's Performance Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Exercise: Price(s) per share Volume(s) Aggregate Price £0 742,617 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.145971 742,617 £4,564,102.55
f)	Aggregated Information -       Price -       Volume -       Total Price	Exercise: Price(s) per share Volume(s) Total Aggregate Price £0 742,617 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.145971 742,617 £4,564,102.55
g)	Date of transaction	28 February 2018
h)	Place of transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibility
a)	Name	Jonathan Davies
2	Reason for the notification
a)	Position/status	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)	Full name of the entity	SSP Group plc
b)	Legal Entity Identifier Code	213800QGNIWTXFMENJ24
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 1 pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	1.      Exercise of an Award to acquire Shares under the Company's Performance Share Plan; and 2.      Sales of Shares acquired on the exercise of an Award under the Company's Performance Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Exercise: Price(s) per share Volume(s) Aggregate Price £0 247,538 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.002401 118,998 £714,273.71
f)	Aggregated Information -       Price -       Volume -       Total Price	Exercise: Price(s) per share Volume(s) Total Aggregate Price £0 247,538 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.002401 118,998 £714,273.71
g)	Date of transaction	1 March 2018
h)	Place of transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibility
a)	Name	Simon Smith
2	Reason for the notification
a)	Position/status	CEO - UK & Ireland
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	SSP Group plc
b)	Legal Entity Identifier Code	213800QGNIWTXFMENJ24
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 1 pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	1.      Exercise of an Award to acquire Shares under the Company's Performance Share Plan; and 2.      Sales of Shares acquired on the exercise of an Award under the Company's Performance Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Exercise: Price(s) per share Volume(s) Aggregate Price £0 201,125 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.006501 96,686 £580,744.56
f)	Aggregated Information -       Price -       Volume -       Total Price	Exercise: Price(s) per share Volume(s) Total Aggregate Price £0 201,125 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.006501 96,686 £580,744.56
g)	Date of transaction	1 March 2018
h)	Place of transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibility
a)	Name	Michael Svagdis
2	Reason for the notification
a)	Position/status	CEO - America
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	SSP Group plc
b)	Legal Entity Identifier Code	213800QGNIWTXFMENJ24
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 1 pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	1.      Vesting of an Award to receive Shares under the Company's Performance Share Plan; and 2.      Sales of Shares received on the vesting of an Award under the Company's Performance Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Vesting: Price(s) per share Volume(s) Aggregate Price £0 226,945 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.247515 111,510 £696,660.40
f)	Aggregated Information -       Price -       Volume -       Total Price	Vesting: Price(s) per share Volume(s) Total Aggregate Price £0 226,945 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.247515 111,510 £696,660.40
g)	Date of transaction	27 February 2018
h)	Place of transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibility
a)	Name	Nick Inkster
2	Reason for the notification
a)	Position/status	CEO - Nordics & Spain
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	SSP Group plc
b)	Legal Entity Identifier Code	213800QGNIWTXFMENJ24
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 1 pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	1.      Exercise of an Award to acquire Shares under the Company's Performance Share Plan; and 2.      Sales of Shares acquired on the exercise of an Award under the Company's Performance Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Exercise: Price(s) per share Volume(s) Aggregate Price £0 191,842 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.008401 92,223 £554,112.77
f)	Aggregated Information -       Price -       Volume -       Total Price	Exercise: Price(s) per share Volume(s) Total Aggregate Price £0 191,842 £0 Sale: Price(s) per share Volume(s) Aggregate Price £6.008401 92,223 £554,112.77
g)	Date of transaction	1 March 2018
h)	Place of transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibility
a)	Name	Christopher Rayner
2	Reason for the notification
a)	Position/status	CEO - Asia Pacific
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	SSP Group plc
b)	Legal Entity Identifier Code	213800QGNIWTXFMENJ24
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 1 pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	Exercise of an Award to acquire Shares under the Company's Performance Share Plan.
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Exercise: Price(s) per share Volume(s) Aggregate Price £0 134,711 £0
f)	Aggregated Information -       Price -       Volume -       Total Price	Exercise: Price(s) per share Volume(s) Total Aggregate Price £0 134,711 £0
g)	Date of transaction	27 February 2018
h)	Place of transaction	London Stock Exchange, Main Market (XLON)

 

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