SSP Group PLC Director/PDMR Shareholding (7591G)
March 05 2018 - 12:15PM
UK Regulatory
TIDMSSPG
RNS Number : 7591G
SSP Group PLC
05 March 2018
FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
5 March 2018
SSP Group plc
(the "Company")
Notification of transaction by a Person Discharging Managerial
Responsibility ("PDMR") in connection with the Vesting and Exercise
of Awards under the Performance Share Plan ("PSP")
The Company today makes the following announcement regarding the
vesting and exercise of the first PSP awards granted following the
IPO in 2014 over ordinary shares of 1p in the capital of the
Company (the "Shares") held by one of its PDMRs under the PSP (the
"PSP Awards"). Full details of the PSP Awards are included in SSP's
2017 Annual Report:
Name of Position Number of Number Total number
PDMR Shares acquired of Shares of Shares
on vesting/exercise sold on held following
of PSP Awards vesting/exercise sale*
of PSP
Awards
------------- ------------------ --------------------- ------------------ ----------------
Chief Commercial
Officer
and CEO
- Eastern
Europe and
Mark Angela Middle East 194,935 93,710 834,584
------------- ------------------ --------------------- ------------------ ----------------
*not including unvested/unexercised awards under the PSP. This
does include issued Shares held in the Company's UK Share Incentive
Plan.
The notification of dealing form for Mark Angela can be found
below.
This announcement, including the notifications below, is made in
accordance with the requirements of Article 19(3) of the Market
Abuse Regulation (EU) No 596/2014.
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 Mark Angela
--- ------------------------------- -----------------------------------------------------------------
2 Reason for the notification
--- --------------------------------------------------------------------------------------------------
a) Position/status Chief Commercial Officer and
CEO - Eastern Europe and Middle
East
--- ------------------------------- -----------------------------------------------------------------
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 SSP Group plc
the entity
--- ------------------------------- -----------------------------------------------------------------
b) Legal Entity 213800QGNIWTXFMENJ24
Identifier Code
--- ------------------------------- -----------------------------------------------------------------
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 Ordinary Shares of 1 pence
of the financial
instrument,
type of instrument
--- ------------------------------- -----------------------------------------------------------------
b) Identification GB00BNGWY422
Code
--- ------------------------------- -----------------------------------------------------------------
c) Nature of the 1. Exercise of an Award to
transaction acquire Shares under the Company's
Performance Share Plan; and
2. Sale of Shares acquired
on the exercise of an Award
under the Company's Performance
Share Plan
--- ------------------------------- -----------------------------------------------------------------
d) Currency GBP - British Pound
--- ------------------------------- -----------------------------------------------------------------
e) Price(s) and Exercise: Price(s) per share Volume(s) Aggregate Price
Volume(s) ------------------- ---------- ----------------
GBP0 194,935 GBP0
------------------- ---------- ----------------
Sale: Price(s) per share Volume(s) Aggregate Price
------------------- ---------- ----------------
GBP5.9385 93,710 GBP556,496.84
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
f) Aggregated Information Exercise: Price(s) per share Volume(s) Total Aggregate Price
* Price ------------------- ---------- ----------------------
GBP0 194,935 GBP0
------------------- ---------- ----------------------
* Volume
Sale: Price(s) per share Volume(s) Aggregate Price
- Total Price ------------------- ---------- ----------------
GBP5.9385 93,710 GBP556,496.84
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
g) Date of transaction 2 March 2018
--- ------------------------------- -----------------------------------------------------------------
h) Place of transaction London Stock Exchange, Main
Market (XLON)
--- ------------------------------- -----------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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