REG - SSP Group PLC - Director/PDMR Shareholding

SSPAnnouncement

02/10/2024 18:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241002:nRSB7287Ga&default-theme=true

RNS Number : 7287G  SSP Group PLC  02 October 2024

FOR IMMEDIATE
RELEASE                                                                                 LEI:
213800QGNIWTXFMENJ24

 

 

2 October 2024

SSP Group plc

(the "Company")

 

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

 

The Company makes the following announcement regarding the release of a
conditional share award made under the Company's Deferred Share Bonus
Plan (an "Award") over ordinary shares of 1(17/200) pence nominal value in
the capital of the Company (the "Shares").

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

 

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 3305

 

 

 

 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                                          GB00BGBN7C04
 c)  Nature of the transaction                                    1.   The release of shares under the Company's Deferred Share Bonus
                                                                  Plan (DSBP); and

                                                                  2.   The automatic sale of shares acquired on the release of the award under
                                                                  the DSBP to settle income tax/national insurance liabilities and costs arising
                                                                  on such release.
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)                                       1.     Release:

Price(s) per share  Volume(s)
                                                                  £0                  70,850

2.     Sale to discharge tax liabilities:

Price(s) per share  Volume(s)
                                                                  £1.591              33,392

 
 f)  Aggregated Information                                       1.     Release:

Price(s) per share  Volume(s)  Aggregate Price
     -       Price                                                £0                  70,850     £0

     -       Volume
2.     Sale to discharge tax liabilities:

Price(s) per share  Volume(s)  Aggregate Price
     -       Total Price                                          £1.591              33,392     £53,126.67
 g)  Date of transaction                                          1 October 2024
 h)  Place of transaction                                         London Stock Exchange, Main Market (XLON)

2.     Sale to discharge tax liabilities:

 Price(s) per share  Volume(s)
 £1.591              33,392

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

1.     Release:

 Price(s) per share  Volume(s)  Aggregate Price
 £0                  70,850     £0

2.     Sale to discharge tax liabilities:

 Price(s) per share  Volume(s)  Aggregate Price
 £1.591              33,392     £53,126.67

g)

Date of transaction

1 October 2024

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 

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  DSHEAXEAEAFLFFA