REG - SSP Group PLC - Director/PDMR Shareholding

SSPAnnouncement

23/05/2025 12:30

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RNS Number : 0132K  SSP Group PLC  23 May 2025

FOR IMMEDIATE RELEASE
                                             LEI:
213800QGNIWTXFMENJ24

 

23 May 2025

SSP Group plc

(the "Company")

 

Notification of transactions by Persons Discharging Managerial Responsibility
("PDMR")

 

On 22 May 2025, and in recognition of the commencement of his employment as
CFO Designate, the Person Discharging Managerial Responsibility (a "PDMR")
shown in the table below, was granted a Performance Share Award taking the
form of a conditional share award (the "Award") to acquire ordinary shares of
1(17/200) pence each in the capital of the Company ("Shares") under the
Company's Long Term Incentive Plan (the "Plan").

 

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 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 £1.7315 per Share.

 

The relevant notification set out below are provided in accordance with the
requirements of the UK Market Abuse Regulation.

 

 

For further information, please contact:

SSP Group plc

Fiona Scattergood, Group General Counsel & Company
Secretary

 

 

 

 1   Details of the person discharging managerial responsibility
 a)  Name                                                         Geert Verellen
 2   Reason for the notification
 a)  Position/status                                              CFO Designate
 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                  545,769    £0
 f)  Aggregated Information

Price(s) per share  Volume(s)  Total Aggregate Price
     - Price                                                      £0                  545,769    £0

     - Volume
 

     -   Total Price
 g)  Date of transaction                                          22 May 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                  545,769    £0

 

g)

Date of transaction

22 May 2025

h)

Place of transaction

Outside of trading venue

 

 

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