REG - SSP Group PLC - Director/PDMR Shareholding

SSPAnnouncement

23/11/2018 15:40

RNS Number : 3384I
SSP Group PLC
23 November 2018
 


FOR IMMEDIATE RELEASE                                                                                               LEI: 213800QGNIWTXFMENJ24
 
23 November 2018
SSP Group plc
(the "Company")
 
Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR") 
 
The Company has been notified that the persons set out in the tables below, each being a Person Discharging Managerial Responsibility (a "PDMR"), were granted awards taking the form of nil cost options or conditional share awards ("Awards") to acquire ordinary shares of 11/30 pence each ("Shares") on the dates and at the prices set out below.
 
The number of Shares subject to the Awards has been determined by reference to the closing price of the Company's Shares on the day before the Awards were granted, being 627.05 pence per Share.
 
The vesting of the Awards is subject to the satisfaction of performance conditions measured over a three-year period from 1 October 2018 to 30 September 2021.  75% of the total Awards is based on earnings per share growth and 25% of the total Awards is based on relative Total Shareholder Return.
 
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


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 11/30  pence




b)


Identification Code


GB00BFWK4V16




c)


Nature of the transaction


Grant of Award over Shares under the Company's Performance Share Plan




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


 




Price(s) per share


Volume(s)


Aggregate Price




£0


86,311
 


£0




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


 




Price(s) per share


Volume(s)


Total Aggregate Price




£0


86,311


£0




 




g)


Date of transaction


22 November 2018




h)


Place of transaction


London Stock Exchange, Main Market (XLON)




 
 
 




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 11/30  pence




b)


Identification Code


GB00BFWK4V16




c)


Nature of the transaction


Grant of Award over Shares under the Company's Performance Share Plan




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


 




Price(s) per share


Volume(s)


Aggregate Price




£0


69,478


£0




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


 




Price(s) per share


Volume(s)


Total Aggregate Price




£0


69,478


£0




 




g)


Date of transaction


22 November 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 11/30  pence




b)


Identification Code


GB00BFWK4V16




c)


Nature of the transaction


Grant of Award over Shares under the Company's Performance Share Plan




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


 




Price(s) per share


Volume(s)


Aggregate Price




£0


127,581
 


£0




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


 




Price(s) per share


Volume(s)


Total Aggregate Price




£0


127,581


£0




 




g)


Date of transaction


22 November 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 - North 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 11/30  pence




b)


Identification Code


GB00BFWK4V16




c)


Nature of the transaction


Grant of Award over Shares under the Company's Performance Share Plan




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


 




Price(s) per share


Volume(s)


Aggregate Price




£0


84,433
 


£0




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


 




Price(s) per share


Volume(s)


Total Aggregate Price




£0


84,433


£0




 




g)


Date of transaction


22 November 2018




h)


Place of transaction


London Stock Exchange, Main Market (XLON)




 
 




1


Details of the person discharging managerial responsibility




a)


Name


Nicholas 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 11/30  pence




b)


Identification Code


GB00BFWK4V16




c)


Nature of the transaction


Grant of Award over Shares under the Company's Performance Share Plan




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


 




Price(s) per share


Volume(s)


Aggregate Price




£0


66,891
 


£0




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


 




Price(s) per share


Volume(s)


Total Aggregate Price




£0


66,891


£0




 




g)


Date of transaction


22 November 2018




h)


Place of transaction


London Stock Exchange, Main Market (XLON)




 
 
 
 
 
 
 
 
 
 
 
 




1


Details of the person discharging managerial responsibility




a)


Name


Oliver Dörschuck




2


Reason for the notification




a)


Position/status


CEO - DACH and FRABEL




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 11/30  pence




b)


Identification Code


GB00BFWK4V16




c)


Nature of the transaction


Grant of Award over Shares under the Company's Performance Share Plan




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


 




Price(s) per share


Volume(s)


Aggregate Price




£0


58,017
 


£0




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


 




Price(s) per share


Volume(s)


Total Aggregate Price




£0


58,017


£0




 




g)


Date of transaction


22 November 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 11/30  pence




b)


Identification Code


GB00BFWK4V16




c)


Nature of the transaction


Grant of Award over Shares under the Company's Performance Share Plan




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


 




Price(s) per share


Volume(s)


Aggregate Price




£0


58,714
 


£0




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


 




Price(s) per share


Volume(s)


Total Aggregate Price




£0


58,714


£0




 




g)


Date of transaction


22 November 2018




h)


Place of transaction


London Stock Exchange, Main Market (XLON)




 




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