Source - RNS
RNS Number : 4152K
SSP Group PLC
10 April 2018
 

FOR IMMEDIATE RELEASE                                                                                                                LEI: 213800QGNIWTXFMENJ24

 

 

10 April 2018

SSP Group plc

(the "Company")

 

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

 

The Company has been notified that on 6 April 2018 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 1 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 £6.02 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

Kate Swann

Chief Executive Officer

21

10

Jonathan Davies

Chief Financial Officer

21

10

Mark Angela

Chief Commercial Officer and CEO -Eastern Europe and Middle East

21

10

Simon Smith

CEO - UK & Ireland

21

10

 

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.     Kate Swann

2.     Jonathan Davies

3.     Mark Angela

4.     Simon Smith

2

Reason for the notification

a)

Position/status

1.     Chief Executive Officer

2.     Chief Financial Officer

3.     Chief Commercial Officer and CEO - Eastern Europe and Middle East

4.     CEO - UK & Ireland

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 1 pence

b)

Identification Code

GB00BNGWY422

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)

Aggregate Price

1.     £6.02

2.     £6.02

3.     £6.02

4.     £6.02

 

1.     21

2.     21

3.     21

4.     21

1.     £126.42

2.     £126.42

3.     £126.42

4.     £126.42

 

Matching Shares

Price(s) per share

Volume(s)

Aggregate Price

1.     £0.00

2.     £0.00

3.     £0.00

4.     £0.00

1.     10

2.     10

3.     10

4.     10

1.     £0.00

2.     £0.00

3.     £0.00

4.     £0.00

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price(s) per share

Volume(s)

Total Aggregate Price

1.     £6.02

2.     £6.02

3.     £6.02

4.     £6.02

 

1.     31

2.     31

3.     31

4.     31

1.     £126.42

2.     £126.42

3.     £126.42

4.     £126.42

 

g)

Date of transaction

6 April 2018

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 company news service from the London Stock Exchange
 
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