Picture of SSP logo

SSPG SSP News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMid CapNeutral

REG - SSP Group PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231207:nRSG0741Wa&default-theme=true

RNS Number : 0741W  SSP Group PLC  07 December 2023

FOR IMMEDIATE RELEASE
 
 LEI: 213800QGNIWTXFMENJ24

 

7 December 2023

SSP Group plc

(the "Company")

 

Notification of transactions by Persons 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 1(17/200) pence each ("Shares") on
the dates and at the prices set out below under the Company's Restricted Share
Plan (the "RSP").

 

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 £2.263 per Share.

 

The RSP Awards have been granted subject to the satisfaction of performance
underpins measured over a three-year period from 1 October 2023 to 30
September 2026.  Following vesting, the Shares under the RSP Awards held by
the Group CEO and the Deputy Group CEO & CFO 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

Fiona Scattergood, Group General Counsel & Company
Secretary

Tel:  +44 (0) 207 543 3404

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 1   Details of the person discharging managerial responsibility
 a)  Name                                                         Patrick Coveney
 2   Reason for the notification
 a)  Position/status                                              Group Chief Executive 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                                    Grant of an Award to acquire Shares under the Company's Restricted Share Plan
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)

Price(s) per share  Volume(s)  Aggregate Price
                                                                  £0                  354,441    £0
 f)  Aggregated Information

Price(s) per share  Volume(s)  Total Aggregate Price
     -       Price                                                £0                  354,441    £0

     -       Volume
 

     -       Total Price
 g)  Date of transaction                                          6 December 2023
 h)  Place of transaction                                         Outside of trading venue

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

 Price(s) per share  Volume(s)  Total Aggregate Price
 £0                  354,441    £0

 

g)

Date of transaction

6 December 2023

h)

Place of transaction

Outside of trading venue

 

 

 

 

 

 1   Details of the person discharging managerial responsibility
 a)  Name                                                         Jonathan Davies
 2   Reason for the notification
 a)  Position/status                                              Deputy Group CEO and CFO
 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                                    Grant of an Award to acquire Shares under the Company's Restricted Share Plan
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)

Price(s) per share  Volume(s)  Aggregate Price
                                                                  £0                  235,528    £0
 f)  Aggregated Information

Price(s) per share  Volume(s)  Total Aggregate Price
     -       Price                                                £0                  235,528    £0

     -       Volume
 

     -       Total Price
 g)  Date of transaction                                          6 December 2023
 h)  Place of transaction                                         Outside of trading venue

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

 Price(s) per share  Volume(s)  Total Aggregate Price
 £0                  235,528    £0

 

g)

Date of transaction

6 December 2023

h)

Place of transaction

Outside of trading venue

 

 

 

 

 

 1   Details of the person discharging managerial responsibility
 a)  Name                                                         Mark Angela
 2   Reason for the notification
 a)  Position/status                                              Chief Business Development and Strategy Officer, CEO India and EEME
 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                                    Grant of an Award to acquire Shares under the Company's Restricted Share Plan
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)

Price(s) per share  Volume(s)  Aggregate Price
                                                                  £0                  120,719    £0
 f)  Aggregated Information

Price(s) per share  Volume(s)  Total Aggregate Price
     -       Price                                                £0                  120,719    £0

     -       Volume
 

     -       Total Price
 g)  Date of transaction                                          6 December 2023
 h)  Place of transaction                                         Outside of trading venue

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

 Price(s) per share  Volume(s)  Total Aggregate Price
 £0                  120,719    £0

 

g)

Date of transaction

6 December 2023

h)

Place of transaction

Outside of trading venue

 

 

 

 

 

 

 1   Details of the person discharging managerial responsibility
 a)  Name                                                         Kari Daniels
 2   Reason for the notification
 a)  Position/status                                              CEO - SSP 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 1(17/200) pence
 b)  Identification Code                                          GB00BNGWY422
 c)  Nature of the transaction                                    Grant of an Award to acquire Shares under the Company's Restricted Share Plan
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)

Price(s) per share  Volume(s)  Aggregate Price
                                                                  £0                  152,866    £0
 f)  Aggregated Information

Price(s) per share  Volume(s)  Total Aggregate Price
     -       Price                                                £0                  152,866    £0

     -       Volume
 

     -       Total Price
 g)  Date of transaction                                          6 December 2023
 h)  Place of transaction                                         Outside of trading venue

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

 Price(s) per share  Volume(s)  Total Aggregate Price
 £0                  152,866    £0

 

g)

Date of transaction

6 December 2023

h)

Place of transaction

Outside of trading venue

 

 

 

 

 

 

 

 

 

 1   Details of the person discharging managerial responsibility
 a)  Name                                                         Jeremy Fennell
 2   Reason for the notification
 a)  Position/status                                              CEO - Continental Europe
 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                                    Grant of an Award to acquire Shares under the Company's Restricted Share Plan
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)

Price(s) per share  Volume(s)  Aggregate Price
                                                                  £0                  141,316    £0
 f)  Aggregated Information

Price(s) per share  Volume(s)  Total Aggregate Price
     -       Price                                                £0                  141,316    £0

     -       Volume
 

     -       Total Price
 g)  Date of transaction                                          6 December 2023
 h)  Place of transaction                                         Outside of trading venue

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

 Price(s) per share  Volume(s)  Total Aggregate Price
 £0                  141,316    £0

 

g)

Date of transaction

6 December 2023

h)

Place of transaction

Outside of trading venue

 

 

 

 

 1   Details of the person discharging managerial responsibility
 a)  Name                                                         Jonathan Robinson
 2   Reason for the notification
 a)  Position/status                                              CEO - SSP 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 1(17/200) pence
 b)  Identification Code                                          GB00BNGWY422
 c)  Nature of the transaction                                    Grant of an Award to acquire Shares under the Company's Restricted Share Plan
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)

Price(s) per share  Volume(s)  Aggregate Price
                                                                  £0                  59,743     £0
 f)  Aggregated Information

Price(s) per share  Volume(s)  Total Aggregate Price
     -       Price                                                £0                  59,743     £0

     -       Volume
 

     -       Total Price
 g)  Date of transaction                                          6 December 2023
 h)  Place of transaction                                         Outside of trading venue

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

 Price(s) per share  Volume(s)  Total Aggregate Price
 £0                  59,743     £0

 

g)

Date of transaction

6 December 2023

h)

Place of transaction

Outside of trading venue

 

 

 

 1   Details of the person discharging managerial responsibility
 a)  Name                                                         Michael Svagdis
 2   Reason for the notification
 a)  Position/status                                              CEO - SSP 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 1(17/200) pence
 b)  Identification Code                                          GB00BNGWY422
 c)  Nature of the transaction                                    Grant of an Award to acquire Shares under the Company's Restricted Share Plan
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)

Price(s) per share  Volume(s)  Aggregate Price
                                                                  £0                  157,629    £0
 f)  Aggregated Information

Price(s) per share  Volume(s)  Total Aggregate Price
     -       Price                                                £0                  157,629    £0

     -       Volume
 

     -       Total Price
 g)  Date of transaction                                          6 December 2023
 h)  Place of transaction                                         Outside of trading venue

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

 Price(s) per share  Volume(s)  Total Aggregate Price
 £0                  157,629    £0

 

g)

Date of transaction

6 December 2023

h)

Place of transaction

Outside of trading venue

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHEALAXESADFFA

Recent news on SSP

See all news