TIDMSSPG

RNS Number : 4813X

SSP Group PLC

20 December 2023

FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24

20 December 2023

SSP Group plc

(the "Company")

Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs")

The Company announces that the persons set out in the tables below, each being a Person Discharging Managerial Responsibility (a "PDMR"), have transacted in ordinary shares of 1(17/200) pence nominal value in the capital of the Company (the "Shares") in connection with awards granted under the Performance Share Plan (the "PSP Awards") and Restricted Share Plan (the "RSP Awards").

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

Fiona Scattergood, Group General Counsel & Company Secretary

Tel: +44 (0) 207 543 3404

 
      Details of the person discharging managerial responsibility 
  1 
 a)   Name                             Jonathan Robinson 
     -------------------------------  ---------------------------------------------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                  CEO - SSP Asia Pacific 
     -------------------------------  ---------------------------------------------------------------------------- 
 b)   Initial notification/amendment   Initial notification 
     -------------------------------  ---------------------------------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------------------------------- 
 a)   Full name of the                 SSP Group plc 
       entity 
     -------------------------------  ---------------------------------------------------------------------------- 
 b)   Legal Entity Identifier          213800QGNIWTXFMENJ24 
       Code 
     -------------------------------  ---------------------------------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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                   1. Exercise of Awards granted under 
                                                   the Company's Performance Share Plan 
                                                   (PSP) in November 2018, November 2019 
                                                   and December 2020 (the "PSP Awards"); 
                                                   and 
                                                   2. Sale of Shares acquired on the exercise 
                                                   of the PSP Awards to discharge tax 
                                                   liabilities arising on such exercise. 
     -------------------------------  ---------------------------------------------------------------------------- 
 d)   Currency                         GBP - British Pound 
     -------------------------------  ---------------------------------------------------------------------------- 
 e)   Price(s) and Volume(s) 
                                              1. Exercise Price(s) per share    Volume(s) 
                                               GBP0                  34,153 
                                                                    ---------- 
 
 
                                              2. Sale to discharge tax liabilities Price(s) per share    Volume(s) 
                                               GBP2.368              22 
                                                                    ---------- 
                                               GBP2.356              128 
                                                                    ---------- 
     -------------------------------  ---------------------------------------------------------------------------- 
 f)   Aggregated Information                1. Exercise Price   Volume   Total 
        *    Price                            GBP0    34,153   GBP0 
                                                     -------  ------ 
 
        *    Volume 
                                             2. Sale to discharge tax liabilities Price      Volume   Total 
                                              GBP2.358   150      GBP353.66 
       - Total Price                                    -------  ---------- 
     -------------------------------  ---------------------------------------------------------------------------- 
 g)   Date of transaction              19 December 2023 
     -------------------------------  ---------------------------------------------------------------------------- 
 h)   Place of transaction             London Stock Exchange (XLON) 
     -------------------------------  ---------------------------------------------------------------------------- 
 
 
      Details of the person discharging managerial responsibility 
  1 
 a)   Name                            Michael Svagdis 
     ------------------------------  --------------------------------------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                 CEO - SSP America 
     ------------------------------  --------------------------------------------------------------------------------- 
 b)   Initial                         Initial notification 
      notification/amendment 
     ------------------------------  --------------------------------------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Full name of the                SSP Group plc 
       entity 
     ------------------------------  --------------------------------------------------------------------------------- 
 b)   Legal Entity Identifier         213800QGNIWTXFMENJ24 
       Code 
     ------------------------------  --------------------------------------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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                  1. Vesting of a Conditional Share Award 
                                                  granted under the Company's Restricted 
                                                  Share Plan in June 2021 (the "RSP Award"); 
                                                  and 
                                                  2. Sale of Shares acquired on the vesting 
                                                  of the RSP Award to discharge tax liabilities 
                                                  arising on such vesting. 
     ------------------------------  --------------------------------------------------------------------------------- 
 d)   Currency                        GBP - British Pound 
     ------------------------------  --------------------------------------------------------------------------------- 
 e)   Price(s) and Volume(s)                     1. Vesting Price(s) per share    Volume(s) 
                                                   GBP0                  80,777 
                                                                        ---------- 
 
 
                                                  2. Sale to discharge tax liabilities Price(s) per share    Volume(s) 
                                                   GBP2.279055           27,824 
                                                                        ---------- 
     ------------------------------  --------------------------------------------------------------------------------- 
 f)   Aggregated Information          1. Vesting Price   Volume   Total 
        *    Price                      GBP0    80,777   GBP0 
                                               -------  ------ 
 
        *    Volume 
                                       2. Sale to discharge tax liabilities Price         Volume   Total 
                                        GBP2.279055   27,824   GBP63,412.43 
       - Total Price                                 -------  ------------- 
     ------------------------------  --------------------------------------------------------------------------------- 
 g)   Date of transaction             18 December 2023 
     ------------------------------  --------------------------------------------------------------------------------- 
 h)   Place of transaction            London Stock Exchange (XLON) 
     ------------------------------  --------------------------------------------------------------------------------- 
 

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END

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