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RNS Number : 4813X SSP Group PLC 20 December 2023
FOR IMMEDIATE RELEASE
LEI:
213800QGNIWTXFMENJ24
20 December 2023
SSP Group plc
(the "Company")
Notification of transactions by Persons Discharging Managerial Responsibility
("PDMRs")
The Company announces that the persons set out in the tables below, each
being a Person Discharging Managerial Responsibility (a "PDMR"), have
transacted in ordinary shares of 1(17/200) pence nominal value in the capital
of the Company (the "Shares") in connection with awards granted under the
Performance Share Plan (the "PSP Awards") and Restricted Share Plan (the "RSP
Awards").
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 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 GB00BGBN7C04
c) Nature of the transaction 1. Exercise of Awards granted under the Company's
Performance Share Plan (PSP) in November 2018, November 2019 and December 2020
(the "PSP Awards"); and
2. Sale of Shares acquired on the exercise of the PSP
Awards to discharge tax liabilities arising on such exercise.
d) Currency GBP - British Pound
e) Price(s) and Volume(s)
1. Exercise
Price(s) per share Volume(s)
£0 34,153
2. Sale to discharge tax liabilities
Price(s) per share Volume(s)
£2.368 22
£2.356 128
f) Aggregated Information 1. Exercise
Price Volume Total
- Price £0 34,153 £0
- Volume
- Total Price 2. Sale to discharge tax liabilities
Price Volume Total
£2.358 150 £353.66
g) Date of transaction 19 December 2023
h) Place of transaction London Stock Exchange (XLON)
2. Sale to discharge tax liabilities
Price(s) per share Volume(s)
£2.368 22
£2.356 128
f)
Aggregated Information
- Price
- Volume
- Total Price
1. Exercise
Price Volume Total
£0 34,153 £0
2. Sale to discharge tax liabilities
Price Volume Total
£2.358 150 £353.66
g)
Date of transaction
19 December 2023
h)
Place of transaction
London Stock Exchange (XLON)
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 GB00BGBN7C04
c) Nature of the transaction 1. Vesting of a Conditional Share Award granted under
the Company's Restricted Share Plan in June 2021 (the "RSP Award"); and
2. Sale of Shares acquired on the vesting of the RSP
Award to discharge tax liabilities arising on such vesting.
d) Currency GBP - British Pound
e) Price(s) and Volume(s) 1. Vesting
Price(s) per share Volume(s)
£0 80,777
2. Sale to discharge tax liabilities
Price(s) per share Volume(s)
£2.279055 27,824
f) Aggregated Information 1. Vesting
Price Volume Total
- Price £0 80,777 £0
- Volume
- Total Price 2. Sale to discharge tax liabilities
Price Volume Total
£2.279055 27,824 £63,412.43
g) Date of transaction 18 December 2023
h) Place of transaction London Stock Exchange (XLON)
2. Sale to discharge tax liabilities
Price(s) per share Volume(s)
£2.279055 27,824
f)
Aggregated Information
- Price
- Volume
- Total Price
1. Vesting
Price Volume Total
£0 80,777 £0
2. Sale to discharge tax liabilities
Price Volume Total
£2.279055 27,824 £63,412.43
g)
Date of transaction
18 December 2023
h)
Place of transaction
London Stock Exchange (XLON)
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