TIDMSSPG

RNS Number : 0889W

SSP Group PLC

20 April 2021

FOR IMMEDIATE RELEASE 213800QGNIWTXFMENJ24

20 April 2021

SSP Group plc

(the "Company")

Notification of transaction by Persons Discharging Managerial Responsibility ("PDMR") and/or their connected person

The Company was notified that the following transactions were made by persons discharging managerial responsibilities ("PDMRs") and/or persons closely associated with PDMRs ("PCAs") in connection with the 12 for 25 rights issue of new ordinary shares in the Company, announced on 17 March 2021.

 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                       Simon Smith 
      -------------------------  ----------------------------------------------- 
 2.    Reason for the notification 
      -------------------------------------------------------------------------- 
 (a)   Position/status            Chief Executive Officer 
      -------------------------  ----------------------------------------------- 
 (b)   Initial notification/      Initial notification 
        Amendment 
      -------------------------  ----------------------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------- 
 (a)   Name                       SSP Group plc 
      -------------------------  ----------------------------------------------- 
 (b)   LEI                        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             Nil Paid Rights relating to ordinary 
        the financial              shares of 1(17) /(200) pence each in 
        instrument, type           SSP Group plc that relate to: 
        of instrument              1. registered ordinary shares; and 
                                   2. ordinary shares held within the 
                                   SSP Group plc's UK Share Incentive 
                                   Plan UK 
      -------------------------  ----------------------------------------------- 
 (b)   Identification             GB00BNKBD935 
        code 
      -------------------------  ----------------------------------------------- 
 (c)   Nature of the              1. and 2. Sale of Nil Paid Rights in 
        transaction                order to meet the costs of taking up 
                                   entitlements to new ordinary shares 
                                   being offered in the rights issue announced 
                                   on 17 March 2021. 
      -------------------------  ----------------------------------------------- 
 (d)   Price(s) and volume(s) 
                                    Nil Paid Rights sold 
 
                                    1. Price(s)       Volume(s) 
                                     GBP1.244963    21,538 
                                                   ---------- 
 
                                    2. 
 
                                     Price(s)      Volume(s) 
                                     GBP1.16855    847 
                                                  ---------- 
      -------------------------  ----------------------------------------------- 
 (e)   Aggregated information 
         *    Price                 Sale of: 
 
                                    1. 21,538 Nil Paid Rights at GBP1.244963 
         *    Volume                pence per right for a total of GBP26,814.01; 
                                    and 
 
         *    Total                 2. 847 Nil Paid Rights at GBP1.16855 
                                    pence per right for a total of GBP989.76, 
 
                                    in order to meet the costs of taking 
                                    up entitlements to new ordinary shares 
                                    being offered in the rights issue announced 
                                    on 17 March 2021 
      -------------------------  ----------------------------------------------- 
 (f)   Date of the transaction    1. 15 April 2021 
                                   2. 16 April 2021 
      -------------------------  ----------------------------------------------- 
 (g)   Place of the transaction   London Stock Exchange, Main Market 
                                   (XLON) 
      -------------------------  ----------------------------------------------- 
 
 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                       Jonathan Davies 
      -------------------------  ---------------------------------------------- 
 2.    Reason for the notification 
      ------------------------------------------------------------------------- 
 (a)   Position/status            Chief Financial Officer 
      -------------------------  ---------------------------------------------- 
 (b)   Initial notification/      Initial notification 
        Amendment 
      -------------------------  ---------------------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 (a)   Name                       SSP Group plc 
      -------------------------  ---------------------------------------------- 
 (b)   LEI                        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             Nil Paid Rights relating to ordinary 
        the financial              shares of 1(17) /(200) pence each in 
        instrument, type           SSP Group plc that relate to: 
        of instrument              1. registered ordinary shares; and 
                                   2. ordinary shares held within the 
                                   SSP Group plc's UK Share Incentive 
                                   Plan UK 
      -------------------------  ---------------------------------------------- 
 (b)   Identification             GB00BNKBD935 
        code 
      -------------------------  ---------------------------------------------- 
 (c)   Nature of the              1. and 2. Sale of Nil Paid Rights in 
        transaction                order to meet the costs of taking up 
                                   entitlements to new ordinary shares 
                                   being offered in the rights issue announced 
                                   on 17 March 2021. 
      -------------------------  ---------------------------------------------- 
 (d)   Price(s) and volume(s) 
                                    Nil Paid Rights sold 
                                    1. Price(s)       Volume(s) 
                                     GBP1.244963    8,013 
                                                   ---------- 
 
                                    2. 
                                     Price(s)      Volume(s) 
                                     GBP1.16855    1166 
                                                  ---------- 
      -------------------------  ---------------------------------------------- 
 (e)   Aggregated information 
         *    Price                 Sale of: 
 
                                    1. 8,013 Nil Paid Rights at GBP1.244963 
         *    Volume                pence per right for a total of GBP9,975.88; 
                                    and 
 
         *    Total                 2. 1,166 Nil Paid Rights at GBP1.16855 
                                    pence per right for a total of GBP1,362.53, 
 
                                    in order to meet the costs of taking 
                                    up entitlements to new ordinary shares 
                                    being offered in the rights issue announced 
                                    on 17 March 2021 
      -------------------------  ---------------------------------------------- 
 (f)   Date of the transaction    1. 15 April 2021 
                                   2. 16 April 2021 
      -------------------------  ---------------------------------------------- 
 (g)   Place of the transaction   London Stock Exchange, Main Market 
                                   (XLON) 
      -------------------------  ---------------------------------------------- 
 
 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                       Mark Angela 
      -------------------------  ------------------------------------------------ 
 2.    Reason for the notification 
      --------------------------------------------------------------------------- 
 (a)   Position/status            Chief Executive Officer - Asia Pacific 
      -------------------------  ------------------------------------------------ 
 (b)   Initial notification/      Initial notification 
        Amendment 
      -------------------------  ------------------------------------------------ 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------- 
 (a)   Name                       SSP Group plc 
      -------------------------  ------------------------------------------------ 
 (b)   LEI                        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             Nil Paid Rights relating to ordinary 
        the financial              shares of 1(17) /(200) pence each in 
        instrument, type           SSP Group plc that relate to: 
        of instrument              1. registered ordinary shares; 
                                   2. ordinary shares held within the 
                                   SSP Group plc's UK Share Incentive 
                                   Plan UK; and 
                                   3. ordinary shares held within Computershare's 
                                   Share Plan Account 
      -------------------------  ------------------------------------------------ 
 (b)   Identification             GB00BNKBD935 
        code 
      -------------------------  ------------------------------------------------ 
 (c)   Nature of the              1., 2. and 3. Sale of Nil Paid Rights 
        transaction                in order to meet the costs of taking 
                                   up entitlements to new ordinary shares 
                                   being offered in the rights issue announced 
                                   on 17 March 2021. 
      -------------------------  ------------------------------------------------ 
 (d)   Price(s) and volume(s) 
                                    Nil Paid Rights sold 
                                    1. Price(s)       Volume(s) 
                                     GBP1.244963    5,500 
                                                   ---------- 
 
                                    2. 
                                     Price(s)      Volume(s) 
                                     GBP1.16855    813 
                                                  ---------- 
 
                                    3. 
                                     Price(s)      Volume(s) 
                                     GBP1.16855    31,168 
                                                  ---------- 
      -------------------------  ------------------------------------------------ 
 (e)   Aggregated information 
         *    Price                 Sale of: 
 
                                    1. 5,500 Nil Paid Rights at GBP1.244963 
         *    Volume                pence per right for a total of GBP6,847.29; 
                                    and 
 
         *    Total                 2. 813 Nil Paid Rights at GBP1.16855 
                                    pence per right for a total of GBP950.03; 
                                    and 
 
                                    3. 31,168 Nil Paid Rights at GBP1.16855 
                                    pence per right for a total of GBP36,421.37, 
 
                                    in order to meet the costs of taking 
                                    up entitlements to new ordinary shares 
                                    being offered in the rights issue announced 
                                    on 17 March 2021 
      -------------------------  ------------------------------------------------ 
 (f)   Date of the transaction    1. 15 April 2021 
                                   2. 16 April 2021 
                                   3. 16 April 2021 
      -------------------------  ------------------------------------------------ 
 (g)   Place of the transaction   London Stock Exchange, Main Market 
                                   (XLON) 
      -------------------------  ------------------------------------------------ 
 
 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                       Oliver Dörschuck 
      -------------------------  ------------------------------------------------ 
 2.    Reason for the notification 
      --------------------------------------------------------------------------- 
 (a)   Position/status            Chief Executive Officer -Continental 
                                   Europe 
      -------------------------  ------------------------------------------------ 
 (b)   Initial notification/      Initial notification 
        Amendment 
      -------------------------  ------------------------------------------------ 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------- 
 (a)   Name                       SSP Group plc 
      -------------------------  ------------------------------------------------ 
 (b)   LEI                        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             Nil Paid Rights relating to ordinary 
        the financial              shares of 1(17) /(200) pence each in 
        instrument, type           SSP Group plc that relate to: 
        of instrument              1. registered ordinary shares; and 
                                   2. ordinary shares held within Computershare's 
                                   Share Plan Account 
      -------------------------  ------------------------------------------------ 
 (b)   Identification             GB00BNKBD935 
        code 
      -------------------------  ------------------------------------------------ 
 (c)   Nature of the              1. and 2. Sale of Nil Paid Rights in 
        transaction                order to meet the costs of taking up 
                                   entitlements to new ordinary shares 
                                   being offered in the rights issue announced 
                                   on 17 March 2021. 
      -------------------------  ------------------------------------------------ 
 (d)   Price(s) and volume(s) 
                                    Nil Paid Rights sold 
 
                                    1. Price(s)       Volume(s) 
                                     GBP1.244963    13,770 
                                                   ---------- 
 
                                    2. 
                                     Price(s)      Volume(s) 
                                     GBP1.16855    12,534 
                                                  ---------- 
      -------------------------  ------------------------------------------------ 
 (e)   Aggregated information 
         *    Price                 Sale of: 
 
                                    1. 13,770 Nil Paid Rights at GBP1.244963 
         *    Volume                pence per right for a total of GBP 
                                    17,143.14; and 
 
         *    Total                 2. 12,534 Nil Paid Rights at GBP1.16855 
                                    pence per right for a total of GBP 
                                    14,646.61, 
 
                                    in order to meet the costs of taking 
                                    up entitlements to new ordinary shares 
                                    being offered in the rights issue announced 
                                    on 17 March 2021 
      -------------------------  ------------------------------------------------ 
 (f)   Date of the transaction    1. 15 April 2021 
                                   2. 16 April 2021 
      -------------------------  ------------------------------------------------ 
 (g)   Place of the 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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April 20, 2021 13:00 ET (17:00 GMT)

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