REG - SSP Group PLC - Director/PDMR Shareholding
RNS Number : 3043MSSP Group PLC11 May 2020FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
11 May 2020
SSP Group plc
(the "Company")
Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR")
The Company has been notified that on 6 May 2020 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 117/200 pence each in the capital of the Company ("Shares") under the Partnership Shares element of the Company's UK Share Incentive Plan ("UK SIP") at a price of £2.235 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP.
Name
Position
Partnership Shares
Matching Shares
Simon Smith
Chief Executive Officer
56
28
Jonathan Davies
Chief Financial Officer
56
28
The UK SIP is a share plan available to all of the Company's UK employees, subject to qualifying conditions. The UK SIP is administered by Computershare Trustees Limited, a UK incorporated company, who is the registered holder of the Shares.
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.
1
Details of the person discharging managerial responsibility
a)
Name
1. Simon Smith
2. Jonathan Davies
2
Reason for the notification
a)
Position/status
1. Chief Executive Officer
2. 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 117/200 pence
b)
Identification Code
GB00BGBN7C04
c)
Nature of the transaction
Purchase of Partnership Shares and allocation of Matching Shares under the UK SIP.
d)
Currency
GBP - British Pound
e)
Price(s) and Volume(s)
Partnership Shares
Price(s) per share
Volume(s)
1. £2.235
2. £2.235
1. 56
2. 56
Matching Shares
Price(s) per share
Volume(s)
1. £0.00
2. £0.00
1. 28
2. 28
f)
Aggregated Information
- Price
- Volume
- Total Price
Partnership Shares
Price(s) per share
Volume(s)
Total Aggregate Price
1. £2.235
2. £2.235
1. 56
2. 56
1. £125.16
2. £125.16
Matching Shares
Price(s) per share
Volume(s)
Total Aggregate Price
1. £0.00
2. £0.00
1. 28
2. 28
1. £0.00
2. £0.00
g)
Date of transaction
6 May 2020
h)
Place of transaction
London Stock Exchange, Main Market (XLON)
For further information, please contact:
SSP Group plc
Helen Byrne, Company Secretary
Tel: +44 (0) 207 543 3404
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHEAPSFFDXEEEA
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