REG - SSP Group PLC - Director/PDMR Shareholding
30/01/2025 17:00
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RNS Number : 3439V SSP Group PLC 30 January 2025
FOR IMMEDIATE RELEASE
LEI:
213800QGNIWTXFMENJ24
30 January 2025
SSP Group plc
(the "Company")
Notification of transactions by Persons Discharging Managerial Responsibility
("PDMR")
On 29 January 2025, the persons set out in the tables below, each being a
Person Discharging Managerial Responsibility (a "PDMR"), were granted
Performance Share Awards taking the form of nil cost options or conditional
share awards ("Awards") to acquire ordinary shares of 1(17/200) pence each
("Shares") under the Company's Long Term Incentive Plan (the "Plan") on the
dates and at the prices set out below.
The Awards will vest subject to the satisfaction of performance conditions
measured over a three-year period from 1 October 2024 to 30 September 2027.
50% of the Award is subject to an earnings per share target, 25% of the Award
is subject to Return on Capital Employed target and 25% of the Award is
subject to a relative total shareholder return target. Following exercise, the
shares under the Awards issued to the Group CEO and Deputy Group CEO &
CFO will be subject to a two-year holding period (calculated from the date
of vest) during which the PDMR will not be able to sell or otherwise transfer
his shares, other than in very limited circumstances.
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 £1.788 per Share.
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 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 Long Term Incentive
Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s)
Price(s) per share Volume(s) Aggregate Price
£0 924,105 £0
f) Aggregated Information
Price(s) per share Volume(s) Total Aggregate Price
- Price £0 924,105 £0
- Volume
- Total Price
g) Date of transaction 29 January 2025
h) Place of transaction Outside of trading venue
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share Volume(s) Total Aggregate Price
£0 924,105 £0
g)
Date of transaction
29 January 2025
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 & 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 Long Term Incentive
Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s)
Price(s) per share Volume(s) Aggregate Price
£0 614,093 £0
f) Aggregated Information
Price(s) per share Volume(s) Total Aggregate Price
- Price £0 614,093 £0
- Volume
- Total Price
g) Date of transaction 29 January 2025
h) Place of transaction Outside of trading venue
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share Volume(s) Total Aggregate Price
£0 614,093 £0
g)
Date of transaction
29 January 2025
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 Group COO
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 Long Term Incentive
Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s)
Price(s) per share Volume(s) Aggregate Price
£0 368,456 £0
f) Aggregated Information
Price(s) per share Volume(s) Total Aggregate Price
- Price £0 368,456 £0
- Volume
- Total Price
g) Date of transaction 29 January 2025
h) Place of transaction Outside of trading venue
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share Volume(s) Total Aggregate Price
£0 368,456 £0
g)
Date of transaction
29 January 2025
h)
Place of transaction
Outside of trading venue
1 Details of the person discharging managerial responsibility
a) Name Patrick Murray
2 Reason for the notification
a) Position/status CEO Americas
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 Long Term Incentive
Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s)
Price(s) per share Volume(s) Aggregate Price
£0 354,276 £0
f) Aggregated Information
Price(s) per share Volume(s) Total Aggregate Price
- Price £0 354,276 £0
- Volume
- Total Price
g) Date of transaction 29 January 2025
h) Place of transaction Outside of trading venue
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share Volume(s) Total Aggregate Price
£0 354,276 £0
g)
Date of transaction
29 January 2025
h)
Place of transaction
Outside of trading venue
1 Details of the person discharging managerial responsibility
a) Name Kari Danies
2 Reason for the notification
a) Position/status CEO 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 GB00BGBN7C04
c) Nature of the transaction Grant of an Award to acquire Shares under the Company's Long Term Incentive
Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s)
Price(s) per share Volume(s) Aggregate Price
£0 398,573 £0
f) Aggregated Information
Price(s) per share Volume(s) Total Aggregate Price
- Price £0 398,573 £0
- Volume
- Total Price
g) Date of transaction 29 January 2025
h) Place of transaction Outside of trading venue
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share Volume(s) Total Aggregate Price
£0 398,573 £0
g)
Date of transaction
29 January 2025
h)
Place of transaction
Outside of trading venue
1 Details of the person discharging managerial responsibility
a) Name Satya Menard
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 GB00BGBN7C04
c) Nature of the transaction Grant of an Award to acquire Shares under the Company's Long Term Incentive
Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s)
Price(s) per share Volume(s) Aggregate Price
£0 351,721 £0
f) Aggregated Information
Price(s) per share Volume(s) Total Aggregate Price
- Price £0 351,721 £0
- Volume
- Total Price
g) Date of transaction 29 January 2025
h) Place of transaction Outside of trading venue
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share Volume(s) Total Aggregate Price
£0 351,721 £0
g)
Date of transaction
29 January 2025
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 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 Grant of an Award to acquire Shares under the Company's Long Term Incentive
Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s)
Price(s) per share Volume(s) Aggregate Price
£0 240,436 £0
f) Aggregated Information
Price(s) per share Volume(s) Total Aggregate Price
- Price £0 240,436 £0
- Volume
- Total Price
g) Date of transaction 29 January 2025
h) Place of transaction Outside of trading venue
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share Volume(s) Total Aggregate Price
£0 240,436 £0
g)
Date of transaction
29 January 2025
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 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 GB00BGBN7C04
c) Nature of the transaction Grant of an Award to acquire Shares under the Company's Long Term Incentive
Plan
d) Currency GBP - British Pound
e) Price(s) and Volume(s)
Price(s) per share Volume(s) Aggregate Price
£0 314,737 £0
f) Aggregated Information
Price(s) per share Volume(s) Total Aggregate Price
- Price £0 314,737 £0
- Volume
- Total Price
g) Date of transaction 29 January 2025
h) Place of transaction Outside of trading venue
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share Volume(s) Total Aggregate Price
£0 314,737 £0
g)
Date of transaction
29 January 2025
h)
Place of transaction
Outside of trading venue
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