REG - SSP Group PLC - Director/PDMR Shareholding

SSPAnnouncement

06/12/2018 17:30

RNS Number : 7284J
SSP Group PLC
06 December 2018
 


FOR IMMEDIATE RELEASE                                                                                                         LEI: 213800QGNIWTXFMENJ24
 
6 December 2018
SSP Group plc
(the "Company")
 
Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs") 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 PSP awards granted in 2015 over ordinary shares of 11/30 pence nominal value (1 pence at the time of grant) in the capital of the Company (the "Shares") held by certain of its PDMRs under the PSP (the "PSP Awards").  Details of the PSP Awards are included in SSP's 2018 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


135,481


64,491


894,849.152731




 
*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 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
 
 




 


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


1.      Exercise of an Award to acquire Shares under the Company's Performance Share Plan (PSP); and
2.      Sale of Shares acquired on the exercise of an Award under the PSP to discharge tax liabilities arising on such exercise.




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


Exercise:




Price(s) per share


Volume(s)


Aggregate Price




£0


135,481


£0




Sale to discharge tax liabilities:




Price(s) per share


Volume(s)


Aggregate Price




£6.359453


64,491


£410,127.48




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


Exercise:




Price(s) per share


Volume(s)


Total Aggregate Price




£0


135,481


£0




Sale to discharge tax liabilities:




Price(s) per share


Volume(s)


Aggregate Price




£6.359453


64,491


£410,127.48




 




g)


Date of transaction


3 December 2018




h)


Place of transaction


London Stock Exchange, Main Market (XLON)




 
 
 
 




 


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


Transfer of legal title to shares received on the exercise of an Award under the PSP to a nominee CREST account.




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


Transfer to nominee CREST account:




Price(s) per share


Volume(s)


Aggregate Price




£0


93,624


£0




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


Transfer to nominee CREST account:




Price(s) per share


Volume(s)


Total Aggregate Price




£0


93,624


£0




 




g)


Date of transaction


3 December 2018




h)


Place of transaction


London Stock Exchange, Main Market (XLON)




 
 
 




 


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


Transfer of legal title to shares received on the exercise of an Award under the PSP to a nominee CREST account.




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


Transfer to nominee CREST account:




Price(s) per share


Volume(s)


Aggregate Price




£0


90,147


£0




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


Transfer to nominee CREST account:




Price(s) per share


Volume(s)


Total Aggregate Price




£0


90,147


£0




 




g)


Date of transaction


5 December 2018




h)


Place of transaction


London Stock Exchange, Main Market (XLON)




 




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