Source - LSE Regulatory
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/ Amendment

Initial notification

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 the financial instrument, type of instrument

Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to:

1. registered ordinary shares; and

2. ordinary shares held within the SSP Group plc's UK Share Incentive Plan UK

(b)     

Identification code

GB00BNKBD935

(c)     

Nature of the transaction

1. and 2. Sale of Nil Paid Rights 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)

£1.244963

21,538

2.

 

 

Price(s)

Volume(s)

£1.16855

847

(e)     

Aggregated information

-     Price

-     Volume

-     Total

 

Sale of:

 

1. 21,538  Nil Paid Rights at £1.244963 pence per right for a total of £26,814.01; and

 

2. 847  Nil Paid Rights at £1.16855 pence per right for a total of £989.76,

 

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/ Amendment

Initial notification

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 the financial instrument, type of instrument

Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to:

1. registered ordinary shares; and

2. ordinary shares held within the SSP Group plc's UK Share Incentive Plan UK

(b)     

Identification code

GB00BNKBD935

(c)     

Nature of the transaction

1. and 2. Sale of Nil Paid Rights 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)

£1.244963

8,013

2.

 

Price(s)

Volume(s)

£1.16855

1166 

 

(e)     

Aggregated information

-     Price

-     Volume

-     Total

 

Sale of:

 

1. 8,013 Nil Paid Rights at £1.244963 pence per right for a total of £9,975.88; and

 

2. 1,166  Nil Paid Rights at £1.16855 pence per right for a total of £1,362.53,

 

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/ Amendment

Initial notification

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 the financial instrument, type of instrument

Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to:

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 code

GB00BNKBD935

(c)     

Nature of the transaction

1., 2. and 3. Sale of Nil Paid Rights 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)

£1.244963

5,500

2.

 

Price(s)

Volume(s)

£1.16855

813

3.

 

Price(s)

Volume(s)

£1.16855

31,168

(e)     

Aggregated information

-     Price

-     Volume

-     Total

 

Sale of:

 

1. 5,500 Nil Paid Rights at £1.244963 pence per right for a total of £6,847.29; and

 

2. 813 Nil Paid Rights at £1.16855 pence per right for a total of £950.03; and

 

3. 31,168 Nil Paid Rights at £1.16855 pence per right for a total of £36,421.37,

 

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/ Amendment

Initial notification

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 the financial instrument, type of instrument

Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to:

1. registered ordinary shares; and

2. ordinary shares held within Computershare's Share Plan Account

(b)     

Identification code

GB00BNKBD935

(c)     

Nature of the transaction

1. and 2. Sale of Nil Paid Rights 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)

£1.244963

13,770

2.

 

Price(s)

Volume(s)

£1.16855

12,534

 

 

(e)     

Aggregated information

-     Price

-     Volume

-     Total

 

Sale of:

 

1. 13,770 Nil Paid Rights at £1.244963 pence per right for a total of £ 17,143.14; and

 

2. 12,534 Nil Paid Rights at £1.16855 pence per right for a total of £ 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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