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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
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