REG - SSP Group PLC - Director/PDMR Shareholding

SSPAnnouncement

05/03/2018 18:15

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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