REG - SSP Group PLC - Director/PDMR Shareholding

SSPAnnouncement

30/12/2024 17:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241230:nRSd6558Ra&default-theme=true

RNS Number : 6558R  SSP Group PLC  30 December 2024

FOR IMMEDIATE RELEASE
                                                                                LEI:
213800QGNIWTXFMENJ24

 

 

30 December 2024

SSP Group plc

(the "Company")

 

Notification of transactions by Persons Discharging Managerial Responsibility

 

The Company announces that, on 27 December 2024, the persons set out in the
tables below, each being a Person Discharging Managerial Responsibility
(a "PDMR"), were each granted an award under the Company's Deferred Share
Bonus Plan (the "DSBP") (an "Award") to acquire ordinary shares of
1(17/200) pence each in the capital of the Company (the "Shares").

 

The number of Shares subject to each Award has been determined by reference to
the closing price of the Company's Shares on the dealing day before the Awards
were granted, being £1.7925 per Share.

 

The Awards have been granted in connection with the deferral of part of each
PDMR's bonus for the financial year ended 30 September 2024. The amount of
deferral reflects the extent to which the executive director has met their
minimum shareholding requirement as at 30 September 2024. The Shares are
subject to a three-year holding period from 1 October 2024 to 30 September
2027 and will be released on 1 October 2027.

 

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, 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 CEO
 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                                    Grant of an Award to acquire Shares under the Company's Deferred Share Bonus
                                                                  Plan (representing a deferral of 50% of his bonus for the 2024 financial year)
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)

Price(s) per share  Volume(s)
                                                                  £0                  58,731
 f)  Aggregated Information

Price  Volume  Total
     -       Price                                                £0     58,731  £0

     -       Volume

     -       Total Price
 g)  Date of transaction                                          27 December 2024
 h)  Place of transaction                                         Outside of trading venue

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

 Price  Volume  Total
 £0     58,731  £0

g)

Date of transaction

27 December 2024

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                                          GB00BGBN7C04
 c)  Nature of the transaction                                    Grant of an Award to acquire Shares under the Company's Deferred Share Bonus
                                                                  Plan (representing a deferral of 33% of his bonus for the 2024 financial year)
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)

Price(s) per share  Volume(s)
                                                                  £0                  22,078
 f)  Aggregated Information

Price  Volume  Total
     -       Price                                                £0     22,078  £0

     -       Volume

     -       Total Price
 g)  Date of transaction                                          27 December 2024
 h)  Place of transaction                                         Outside of trading venue

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

 Price  Volume  Total
 £0     22,078  £0

g)

Date of transaction

27 December 2024

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  DSHEAXAEDDELFFA