REG - SSP Group PLC - Director/PDMR Shareholding

SSPAnnouncement

25/02/2022 18:31

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RNS Number : 8967C  SSP Group PLC  25 February 2022

FOR IMMEDIATE RELEASE
 
   LEI: 213800QGNIWTXFMENJ24

 

 

25 February 2022

SSP Group plc

(the "Company")

 

Notification of transactions by a Person Discharging Managerial Responsibility
("PDMR")

 

The Company has been notified that on 25 February 2022 the person set out in
the table below, being a Person Discharging Managerial Responsibility
(a "PDMR"), was granted an award under the Company's Deferred Bonus Share
Plan (the "DBSP") and an award under the Company's Restricted Share Plan (the
"RSP") (together the "Awards") to acquire, in aggregate, 81,545 ordinary
shares of 1(17/200) pence each in the capital of the Company (the "Shares").

 

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 £2.6910 per Share.

 

The DBSP Award has been granted in connection with the deferral of 100% of the
PDMR's bonus for the financial year ended 30 September 2021.  The Shares are
subject to a three-year holding period from 1 October 2021 to 30 September
2024 and will be released on 30 September 2024.

 

The RSP Award has been granted subject to the satisfaction of performance
underpins measured over a three-year period from 1 October 2021 to 30
September 2024.  Following vesting, the Shares under the RSP Award will be
subject to a two-year holding period.

 

The relevant notifications set out below are provided in accordance with the
requirements of Article 19 of the UK version of the EU Market Abuse Regulation
which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

 

 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                                              Deputy Chief Executive Officer and 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 1(17/200) pence
 b)  Identification Code                                          GB00BNGWY422
 c)  Nature of the transaction                                    1.      Grant of an Award to acquire Shares under the Company's
                                                                  Restricted Share Plan; and

                                                                  2.      Grant of an Award to acquire Shares under the Company's Deferred
                                                                  Bonus Share Plan
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)                                       RSP:

Price(s) per share  Volume(s)  Aggregate Price
                                                                  £0                  12,040     £0

DBP:

Price(s) per share  Volume(s)  Aggregate Price
                                                                  £0                  69,505     £0

 
 f)  Aggregated Information                                       RSP:

Price(s) per share  Volume(s)  Total Aggregate Price
     -       Price                                                £0                  12,040     £0

     -       Volume
DBP:

Price(s) per share  Volume(s)  Aggregate Price
     -       Total Price                                          £0                  69,505     £0

 
 g)  Date of transaction                                          25 February 2022
 h)  Place of transaction                                         Outside of trading venue

DBP:

 Price(s) per share  Volume(s)  Aggregate Price
 £0                  69,505     £0

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

RSP:

 Price(s) per share  Volume(s)  Total Aggregate Price
 £0                  12,040     £0

DBP:

 Price(s) per share  Volume(s)  Aggregate Price
 £0                  69,505     £0

 

g)

Date of transaction

25 February 2022

h)

Place of transaction

Outside of trading venue

 

 

 

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