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RNS Number : 1037J
SSP Group PLC
07 April 2020
 

FOR IMMEDIATE RELEASE                                                                                                                  LEI: 213800QGNIWTXFMENJ24

 

 

7 April 2020

SSP Group plc

(the "Company")

 

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

 

The Company has been notified that on 6 April 2020 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 117/200 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 £2.795 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP. 

 

Name

Position

Partnership Shares

Matching Shares

Simon Smith

Chief Executive Officer

45

22

Jonathan Davies

Chief Financial Officer

45

22

 

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 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

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.     £2.795

2.     £2.795

1.     45

2.     45

 

Matching Shares

Price(s) per share

Volume(s)

1.     £0.00

2.     £0.00

1.     22

2.     22

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

Partnership Shares

Price(s) per share

Volume(s)

Total Aggregate Price

1.     £2.795

2.     £2.795

1.     45

2.     45

1.     £125.78

2.     £125.78

 

Matching Shares

Price(s) per share

Volume(s)

Total Aggregate Price

1.     £0.00

2.     £0.00

1.     22

2.     22

1.     £0.00

2.     £0.00

 

g)

Date of transaction

6 April 2020

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


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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