REG - SSP Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">SSPG.L</Origin>

SSPAnnouncement

01/03/2018 18:00

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: +44 (0) 207 543 3404
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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The company news service from the London Stock Exchange
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