REG - SSP Group PLC - Director/PDMR Shareholding
RNS Number : 0119CSSP Group PLC15 June 2021FOR IMMEDIATE RELEASE
15 June 2021
SSP Group plc
(the "Company")
Notification of transactions by Persons Discharging Managerial Responsibility ("PDMR")
The Company has been notified that the persons set out in the tables below, each being a Person Discharging Managerial Responsibility (a "PDMR"), were granted awards taking the form of nil cost options or conditional share awards ("Awards") to acquire ordinary shares of 117/200 pence each ("Shares") on the dates and at the prices set out below.
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 £3.0235 per Share.
The vesting of the Awards is subject to the satisfaction of performance underpins measured over a three-year period from 1 October 2020 to 30 September 2023. Following exercise, the Shares under the Awards issued to the Chief Executive Officer and Chief Financial Officer will be subject to a two-year holding period (calculated from the date of vest).
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
Helen Byrne, Company Secretary
Tel: +44 (0) 207 543 3404
1
Details of the person discharging managerial responsibility
a)
Name
Simon Smith
2
Reason for the notification
a)
Position/status
Chief Executive Officer
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 117/200 pence
b)
Identification Code
GB00BGBN7C04
c)
Nature of the transaction
Grant of Award over Shares under the Company's Restricted Share Plan
d)
Currency
GBP - British Pound
e)
Price(s) and Volume(s)
Price(s) per share
Volume(s)
Aggregate Price
£0
214,982
£0
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share
Volume(s)
Total Aggregate Price
£0
214,982
£0
g)
Date of transaction
10 June 2021
h)
Place of transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibility
a)
Name
Jonathan Davies
2
Reason for the notification
a)
Position/status
Chief Financial Officer
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 117/200 pence
b)
Identification Code
GB00BGBN7C04
c)
Nature of the transaction
Grant of Award over Shares under the Company's Restricted Share Plan
d)
Currency
GBP - British Pound
e)
Price(s) and Volume(s)
Price(s) per share
Volume(s)
Aggregate Price
£0
115,991
£0
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share
Volume(s)
Total Aggregate Price
£0
115,991
£0
g)
Date of transaction
10 June 2021
h)
Place of transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibility
a)
Name
Mark Angela
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 117/200 pence
b)
Identification Code
GB00BGBN7C04
c)
Nature of the transaction
Grant of Award over Shares under the Company's Restricted Share Plan
d)
Currency
GBP - British Pound
e)
Price(s) and Volume(s)
Price(s) per share
Volume(s)
Aggregate Price
£0
73,487
£0
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share
Volume(s)
Total Aggregate Price
£0
73,487
£0
g)
Date of transaction
10 June 2021
h)
Place of transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibility
a)
Name
Jeremy Fennell
2
Reason for the notification
a)
Position/status
CEO - Nordics & 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 117/200 pence
b)
Identification Code
GB00BGBN7C04
c)
Nature of the transaction
Grant of Award over Shares under the Company's Restricted Share Plan
d)
Currency
GBP - British Pound
e)
Price(s) and Volume(s)
Price(s) per share
Volume(s)
Aggregate Price
£0
128,988
£0
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share
Volume(s)
Total Aggregate Price
£0
128,988
£0
g)
Date of transaction
10 June 2021
h)
Place of transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibility
a)
Name
Richard Lewis
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 117/200 pence
b)
Identification Code
GB00BGBN7C04
c)
Nature of the transaction
Grant of Award over Shares under the Company's Restricted Share Plan
d)
Currency
GBP - British Pound
e)
Price(s) and Volume(s)
Price(s) per share
Volume(s)
Aggregate Price
£0
80,618
£0
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share
Volume(s)
Total Aggregate Price
£0
80,618
£0
g)
Date of transaction
10 June 2021
h)
Place of transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibility
a)
Name
Michael Svagdis
2
Reason for the notification
a)
Position/status
CEO - SSP America
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 117/200 pence
b)
Identification Code
GB00BGBN7C04
c)
Nature of the transaction
Grant of Award over Shares under the Company's Restricted Share Plan
d)
Currency
GBP - British Pound
e)
Price(s) and Volume(s)
Price(s) per share
Volume(s)
Aggregate Price
£0
126,012
£0
f)
Aggregated Information
- Price
- Volume
- Total Price
Price(s) per share
Volume(s)
Total Aggregate Price
£0
126,012
£0
g)
Date of transaction
10 June 2021
h)
Place of transaction
London Stock Exchange, Main Market (XLON)
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