REG - SSP Group PLC - SSP Group Board Change

SSPAnnouncement

10/11/2025 07:00

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RNS Number : 8416G  SSP Group PLC  10 November 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

10 November 2025
 
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SSP GROUP BOARD CHANGE

Mike Clasper CBE to retire as Chair of SSP Group plc

SSP Group plc (SSP), a leading operator of restaurants, bars, cafes and other
food and beverage outlets in travel locations across 38 countries, announces
that Mike Clasper CBE has informed the Board that he intends to step down as
both Chair and Director following the Company's 2026 AGM on 23 January 2026.
Mike joined SSP as a Non-Executive Director and Chair designate in November
2019 and was appointed Chair in February 2020.

The Board has initiated a process for the appointment of a successor, led by
Carolyn Bradley, Senior Independent Director. If a successor has not been
appointed by the 2026 AGM, Carolyn will become Interim Chair.

Mike Clasper, Chair, said: "It has been a privilege to serve as Chair of SSP.
As a Board, we are finalising SSP's multi-year strategic and operational
roadmap to build on its strong foundations and accelerate the delivery of
shareholder value. In order to enable the appointment of a new Chair who can
help realise the full scale of these ambitions in the years ahead, I believe
that now is the right time to announce that I will step down from SSP,
bringing forward my planned retirement by one year."

Carolyn Bradley, Senior Independent Director, said: "On behalf of the Board, I
would like to express our gratitude to Mike for his strong contribution and
dedicated service to SSP over the last six years. His leadership and business
insights have been critical in steering SSP through the challenging Covid
period and, most recently, through a year of tightened focus on performance.
The thorough Chair search will focus on candidates with the experience to lead
the Board and work with management to drive strategy and execution as we enter
the next phase of delivery. During this interim period, we will be taking
steps to ensure strong governance and oversight."

Patrick Coveney, Group CEO, said: "I'd like to personally thank Mike for his
considerable service to SSP and for his commitment, insight and support. He
has chaired the business through a time of considerable change, helping to
recover the business from the Covid travel shutdown and strengthen our
customer, client and partner footprint across the world. His wise counsel and
leadership have been invaluable."

Reporting calendar

Further to our Q4 Trading Update issued on 9 October 2025, we will next update
the market at the Preliminary results on 4 December 2025.

 

There are no additional matters that require disclosure under UKLR 6.4.6 or
6.4.8 R  (1) to (6).

The information communicated within this announcement is deemed to constitute
inside information under the Market Abuse Regulation (EU) No. 596/2014 (as
amended) which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018.  The person responsible for arranging the release of this
announcement on behalf of the Company is Fiona Scattergood, Group General
Counsel and Company Secretary.

 

CONTACTS

 

Investor enquiries

Sarah Roff, Group Head of Investor Relations, SSP Group plc

+44 (0) 7980 636 214

E-mail: sarah.roff@ssp-intl.com

 

 

Media enquiries

Rob Greening / Russ Lynch, Sodali & Co

+44 (0) 207 250 1446

E-mail: ssp@sodali.com (mailto:ssp@sodali.com)

 

NOTES TO EDITORS

About SSP

SSP Group plc (LSE:SSPG) is a global, leading operator of food and beverage
outlets in travel locations employing around 49,000 colleagues in over 3,000
units across 38 countries. We specialise in designing, creating and operating
a diverse range of food and drink outlets in airports, train stations and
other travel hubs across six formats: sit-down and quick service restaurants,
bars, cafés, lounges, and food-led convenience stores. Our extensive
portfolio of brands features a mix of international, national, and local
brands, tailored to meet the diverse needs of our clients and customers.

Our purpose is to be the best part of the journey, and we are committed to
delivering leading brands and innovative concepts to our clients and customers
around the world, focusing on exceptional taste, value, quality and service.
Sustainability is crucial for our long-term success, and we aim to deliver
positive impact for our business while uniting stakeholders to promote a
sustainable food travel sector.

www.foodtravelexperts.com (http://www.foodtravelexperts.com)

 

ENDS

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