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SSP Group PLC (SSPG)

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Monday 17 August, 2020

SSP Group PLC

Director/PDMR Shareholding

RNS Number : 7860V
SSP Group PLC
17 August 2020
 

FOR IMMEDIATE RELEASE                                                                                                                   LEI: 213800QGNIWTXFMENJ24

 

 

11 August 2020

SSP Group plc

(the "Company")

 

Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR")  

 

The Company has been notified that on 6 August 2020 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 117/200 pence each in the capital of the Company ("Shares") under the Partnership Shares element of the Company's UK Share Incentive Plan ("UK SIP") at a price of £2.2667 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP. 

 

Name

Position

Partnership Shares

Matching Shares

Simon Smith

Chief Executive Officer

56

28

Jonathan Davies

Chief Financial Officer

55

27

 

The UK SIP is a share plan available to all of the Company's UK employees, subject to qualifying conditions.  The UK SIP is administered by Computershare Trustees Limited, a UK incorporated company, who is the registered holder of the Shares.

 

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.

 

1

Details of the person discharging managerial responsibility

a)

Name

1.  Simon Smith

2.  Jonathan Davies

2

Reason for the notification

a)

Position/status

1.  Chief Executive Officer

2.  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 117/200 pence

b)

Identification Code

GB00BGBN7C04

c)

Nature of the transaction

Purchase of Partnership Shares and allocation of Matching Shares under the UK SIP.

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

Partnership Shares

Price(s) per share

Volume(s)

1.  £2.2667

2.  £2.2667

1.  56

2.  55

 

Matching Shares

Price(s) per share

Volume(s)

1.  £0.00

2.  £0.00

1.  28

2.  27

 

f)

Aggregated Information

Price

Volume

Total Price

Partnership Shares

Price(s) per share

Volume(s)

Total Aggregate Price

1.  £2.2667

2.  £2.2667

1.  56

2.  55

1.  £126.94

2.  £124.67

 

Matching Shares

Price(s) per share

Volume(s)

Total Aggregate Price

1.  £0.00

2.  £0.00

1.  28

2.  27

1.  £0.00

2.  £0.00

 

g)

Date of transaction

6 August 2020

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 

 For further information, please contact:

 SSP Group plc

Helen Byrne, Company Secretary 

Tel:  +44 (0) 207 543 3404


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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