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REG - SSP Group PLC - Director/PDMR Shareholding

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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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