REG - SSP Group PLC - Director/PDMR Shareholding

SSPAnnouncement

10/12/2019 17:05

RNS Number : 4225W
SSP Group PLC
10 December 2019
 


FOR IMMEDIATE RELEASE                                                                                 LEI: 213800QGNIWTXFMENJ24
 
10 December 2019
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 2016 over ordinary shares of 117/200 pence nominal value (1 pence at the time of grant) in the capital of the Company (the "Shares") held by one of its PDMRs under the PSP (the "PSP Awards"). 




Name of PDMR


Position


Number of Shares acquired on vesting/exercise of 2016 PSP Awards


Number of Shares sold on vesting/exercise of 2016 PSP Awards




Mark Angela


CEO - Asia Pacific


118,088


118,088




 
 
 
 
 
 
 
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


Mark Angela




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 117/200 pence




b)


Identification Code


GB00BGBN7C04




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.




d)


Currency


GBP - British Pound




e)


Price(s) and Volume(s)


Exercise:




Price(s) per share


Volume(s)


Aggregate Price




£0


118,088


£0




Sale:




Price(s) per share


Volume(s)


Aggregate Price




£ 6.59


118,088


£778,199.92




 




f)


Aggregated Information
-       Price
-       Volume
-       Total Price


Exercise:




Price(s) per share


Volume(s)


Aggregate Price




£0


118,088


£0




Sale:




Price(s) per share


Volume(s)


Aggregate Price




£ 6.59


118,088


£ 778,199.92




 




g)


Date of transaction


Exercise and Sale - 05/12/2019
 




h)


Place of transaction


London Stock Exchange, Main Market (XLON)




 




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