Director/PDMR Shareholding

RNS Number : 7591G
SSP Group PLC
05 March 2018
 

FOR IMMEDIATE RELEASE                                                                                 LEI: 213800QGNIWTXFMENJ24

 

 

5 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 one 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*

Mark Angela

Chief Commercial Officer and CEO - Eastern Europe and Middle East

        

194,935

 

 

93,710

 

834,584

 

*not including unvested/unexercised awards under the PSP. This does include issued Shares held in the Company's UK Share Incentive Plan.

 

The notification of dealing form for Mark Angela 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:  +44 (0) 207 543 3404

 

 

 

1

Details of the person discharging managerial responsibility

a)

Name

Mark Angela

2

Reason for the notification

a)

Position/status

Chief Commercial Officer and CEO - Eastern Europe and Middle East

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.      Sale 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

194,935

£0

Sale:

Price(s) per share

Volume(s)

Aggregate Price

£5.9385

93,710

£556,496.84

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

Exercise:

Price(s) per share

Volume(s)

Total Aggregate Price

£0

194,935

£0

 

Sale:

Price(s) per share

Volume(s)

Aggregate Price

£5.9385

93,710

£556,496.84

g)

Date of transaction

2 March 2018

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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