Source - RNS
RNS Number : 7284J
SSP Group PLC
06 December 2018
 

FOR IMMEDIATE RELEASE                                                                                                         LEI: 213800QGNIWTXFMENJ24

 

6 December 2018

SSP Group plc

(the "Company")

 

Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs") in connection with the Vesting and Exercise of Awards under the Performance Share Plan ("PSP")

 

The Company today makes the following announcement regarding the vesting and exercise of the PSP awards granted in 2015 over ordinary shares of 11/30 pence nominal value (1 pence at the time of grant) in the capital of the Company (the "Shares") held by certain of its PDMRs under the PSP (the "PSP Awards").  Details of the PSP Awards are included in SSP's 2018 Annual Report:

 

Name of PDMR

Position

Number of Shares acquired on vesting/exercise of PSP Awards

Number of Shares sold on vesting/exercise of PSP Awards

Total number of Shares held following sale*

Mark Angela

Chief Commercial Officer and CEO - Eastern Europe and Middle East

135,481

64,491

894,849.152731

 

*Not including unvested/unexercised awards under the PSP. This does include issued Shares held in the Company's UK Share Incentive Plan.

 

The notification of dealing forms for each PDMR can be found below.

 

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.

 

 For further information, please contact:

 SSP Group plc

Helen Byrne, Company Secretary                   

Tel:  +44 (0) 207 543 3404

 

 

 

Details of the person discharging managerial responsibility

a)

Name

Mark Angela

2

Reason for the notification

a)

Position/status

Chief Commercial Officer and CEO - Eastern Europe and Middle East

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 11/30 pence

b)

Identification Code

GB00BFWK4V16

c)

Nature of the transaction

1.      Exercise of an Award to acquire Shares under the Company's Performance Share Plan (PSP); and

2.      Sale of Shares acquired on the exercise of an Award under the PSP to discharge tax liabilities arising on such exercise.

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

Exercise:

Price(s) per share

Volume(s)

Aggregate Price

£0

135,481

£0

Sale to discharge tax liabilities:

Price(s) per share

Volume(s)

Aggregate Price

£6.359453

64,491

£410,127.48

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

Exercise:

Price(s) per share

Volume(s)

Total Aggregate Price

£0

135,481

£0

Sale to discharge tax liabilities:

Price(s) per share

Volume(s)

Aggregate Price

£6.359453

64,491

£410,127.48

 

g)

Date of transaction

3 December 2018

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 

 

 

 

 

Details of the person discharging managerial responsibility

a)

Name

Christopher Rayner

2

Reason for the notification

a)

Position/status

CEO - Asia Pacific

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 11/30 pence

b)

Identification Code

GB00BFWK4V16

c)

Nature of the transaction

Transfer of legal title to shares received on the exercise of an Award under the PSP to a nominee CREST account.

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

Transfer to nominee CREST account:

Price(s) per share

Volume(s)

Aggregate Price

£0

93,624

£0

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

Transfer to nominee CREST account:

Price(s) per share

Volume(s)

Total Aggregate Price

£0

93,624

£0

 

g)

Date of transaction

3 December 2018

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 

 

 

 

Details of the person discharging managerial responsibility

a)

Name

Jonathan Davies

2

Reason for the notification

a)

Position/status

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 11/30 pence

b)

Identification Code

GB00BFWK4V16

c)

Nature of the transaction

Transfer of legal title to shares received on the exercise of an Award under the PSP to a nominee CREST account.

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

Transfer to nominee CREST account:

Price(s) per share

Volume(s)

Aggregate Price

£0

90,147

£0

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

Transfer to nominee CREST account:

Price(s) per share

Volume(s)

Total Aggregate Price

£0

90,147

£0

 

g)

Date of transaction

5 December 2018

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 


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END
 
 
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