Source - LSE Regulatory
RNS Number : 0119C
SSP Group PLC
15 June 2021
 

FOR IMMEDIATE RELEASE                                                                                 

 

15 June 2021

SSP Group plc

(the "Company")

 

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

 

The Company has been notified that the persons set out in the tables below, each being a Person Discharging Managerial Responsibility (a "PDMR"), were granted awards taking the form of nil cost options or conditional share awards ("Awards") to acquire ordinary shares of 117/200 pence each ("Shares") on the dates and at the prices set out below.

 

The number of Shares subject to the Awards has been determined by reference to the closing price of the Company's Shares on the day before the Awards were granted, being £3.0235 per Share.

 

The vesting of the Awards is subject to the satisfaction of performance underpins measured over a three-year period from 1 October 2020 to 30 September 2023. Following exercise, the Shares under the Awards issued to the Chief Executive Officer and Chief Financial Officer will be subject to a two-year holding period (calculated from the date of vest).

 

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

Helen Byrne, Company Secretary                   

Tel:  +44 (0) 207 543 3404

 



 

1

Details of the person discharging managerial responsibility

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)

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

Grant of Award over Shares under the Company's Restricted Share Plan

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

 

Price(s) per share

Volume(s)

Aggregate Price

£0

214,982

£0

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price(s) per share

Volume(s)

Total Aggregate Price

£0

214,982

£0

g)

Date of transaction

10 June 2021

h)

Place of transaction

London Stock Exchange, Main Market (XLON)



 

 

 

1

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 117/200 pence

b)

Identification Code

GB00BGBN7C04

c)

Nature of the transaction

Grant of Award over Shares under the Company's Restricted Share Plan

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

 

Price(s) per share

Volume(s)

Aggregate Price

£0

115,991

£0

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price(s) per share

Volume(s)

Total Aggregate Price

£0

115,991

£0

g)

Date of transaction

10 June 2021

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 



 

 

1

Details of the person discharging managerial responsibility

a)

Name

Mark Angela

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 117/200 pence

b)

Identification Code

GB00BGBN7C04

c)

Nature of the transaction

Grant of Award over Shares under the Company's Restricted Share Plan

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

 

Price(s) per share

Volume(s)

Aggregate Price

£0

73,487

£0

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price(s) per share

Volume(s)

Total Aggregate Price

£0

73,487

£0

g)

Date of transaction

10 June 2021

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 



 

1

Details of the person discharging managerial responsibility

a)

Name

Jeremy Fennell

2

Reason for the notification

a)

Position/status

CEO - Nordics & Continental Europe

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

Grant of Award over Shares under the Company's Restricted Share Plan

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

 

Price(s) per share

Volume(s)

Aggregate Price

£0

128,988

£0

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price(s) per share

Volume(s)

Total Aggregate Price

£0

128,988

£0

g)

Date of transaction

10 June 2021

h)

Place of transaction

London Stock Exchange, Main Market (XLON)



 

1

Details of the person discharging managerial responsibility

a)

Name

Richard Lewis

2

Reason for the notification

a)

Position/status

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 117/200 pence

b)

Identification Code

GB00BGBN7C04

c)

Nature of the transaction

Grant of Award over Shares under the Company's Restricted Share Plan

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

 

Price(s) per share

Volume(s)

Aggregate Price

£0

80,618

£0

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price(s) per share

Volume(s)

Total Aggregate Price

£0

80,618

£0

g)

Date of transaction

10 June 2021

h)

Place of transaction

London Stock Exchange, Main Market (XLON)



 

 

 

1

Details of the person discharging managerial responsibility

a)

Name

Michael Svagdis

2

Reason for the notification

a)

Position/status

CEO - SSP America

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

Grant of Award over Shares under the Company's Restricted Share Plan

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

 

Price(s) per share

Volume(s)

Aggregate Price

£0

126,012

£0

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price(s) per share

Volume(s)

Total Aggregate Price

£0

126,012

£0

g)

Date of transaction

10 June 2021

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 

 

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