TIDMSSPG

RNS Number : 5134O

SSP Group PLC

09 February 2021

FOR IMMEDIATE RELEASE

LEI: 213800QGNIWTXFMENJ24

9 February 2021

SSP Group plc

(the "Company")

Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR")

The Company has been notified that on 8 February 2021 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 1(17/200) pence each in the capital of the Company ("Shares") under the Partnership Shares element of the Company's UK Share Incentive Plan ("UK SIP") at a price of GBP3.35 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP. 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.

 
 Name               Position           Partnership   Matching Shares 
                                        Shares 
                    Chief Executive 
 Simon Smith         Officer               37              18 
                   -----------------  ------------  ---------------- 
                    Chief Financial 
 Jonathan Davies     Officer               37              19 
                   -----------------  ------------  ---------------- 
 

The UK SIP is a share plan available to all of the Company's UK employees, subject to qualifying conditions. The UK SIP is administered by Computershare Trustees Limited, a UK incorporated company, who is the registered holder of the Shares.

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.

 
 1    Details of the person discharging managerial responsibility 
 a)   Name                             1. Simon Smith 
                                        2. Jonathan Davies 
     -------------------------------  -------------------------------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                  1. Chief Executive Officer 
                                        2. 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                 SSP Group plc 
       entity 
     -------------------------------  -------------------------------------------------------------------------------- 
 b)   Legal Entity Identifier          213800QGNIWTXFMENJ24 
       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 of the               Ordinary Shares of 1(17/200) pence 
       financial instrument, 
       type of instrument 
     -------------------------------  -------------------------------------------------------------------------------- 
 b)   Identification Code              GB00BGBN7C04 
     -------------------------------  -------------------------------------------------------------------------------- 
 c)   Nature of the transaction        Purchase of Partnership Shares and 
                                        allocation of Matching Shares under 
                                        the UK SIP. 
     -------------------------------  -------------------------------------------------------------------------------- 
 d)   Currency                         GBP - British Pound 
     -------------------------------  -------------------------------------------------------------------------------- 
 e)   Price(s) and Volume(s)           Partnership Shares Price(s) per share       Volume(s) 
                                                    1. GBP3.35         1. 37 
                                                     2. GBP3.35         2. 37 
                                                                 ------------ 
 
 
                                        Matching Shares Price(s) per share   Volume(s) 
                                              1. GBP0.00           1. 18 
                                               2. GBP0.00           2. 19 
                                                             ------------ 
     -------------------------------  -------------------------------------------------------------------------------- 
 f)   Aggregated Information           Partnership Shares Price(s) per share       Volume(s)     Total Aggregate Price 
        *    Price                                  1. GBP3.35         1. 37         1. GBP123.95 
                                                     2. GBP3.35         2. 37         2. GBP123.95 
                                                                 ------------  ---------------------- 
        *    Volume 
 
                                        Matching Shares Price(s) per share   Volume(s)     Total Aggregate Price 
        *    Total Price                      1. GBP0.00           1. 18         1. GBP0.00 
                                               2. GBP0.00           2. 19         2. GBP0.00 
                                                             ------------  ---------------------- 
     -------------------------------  -------------------------------------------------------------------------------- 
 g)   Date of transaction              8 February 2021 
     -------------------------------  -------------------------------------------------------------------------------- 
 h)   Place of transaction             London Stock Exchange, Main Market 
                                        (XLON) 
     -------------------------------  -------------------------------------------------------------------------------- 
 

For further information, please contact:

SSP Group plc

Helen Byrne, Company Secretary

Tel: +44 (0) 207 543 3404

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