Source - LSE Regulatory
RNS Number : 4813X
SSP Group PLC
20 December 2023
 

FOR IMMEDIATE RELEASE                                                                                 LEI: 213800QGNIWTXFMENJ24

 

20 December 2023

SSP Group plc

(the "Company")

 

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

 

The Company announces that the persons set out in the tables below, each being a Person Discharging Managerial Responsibility (a "PDMR"), have transacted in ordinary shares of 117/200 pence nominal value in the capital of the Company (the "Shares") in connection with awards granted under the Performance Share Plan (the "PSP Awards") and Restricted Share Plan (the "RSP Awards").   

 

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

Fiona Scattergood, Group General Counsel & Company Secretary                   

Tel:  +44 (0) 207 543 3404



 

 

1

Details of the person discharging managerial responsibility

a)

Name

Jonathan Robinson

2

Reason for the notification

a)

Position/status

CEO - SSP 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

1.             Exercise of Awards granted under the Company's Performance Share Plan (PSP) in November 2018, November 2019 and December 2020 (the "PSP Awards"); and

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

 

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

 

1.     Exercise

Price(s) per share

Volume(s)

£0

34,153

 

2.     Sale to discharge tax liabilities

Price(s) per share

Volume(s)

£2.368

22

£2.356

128

 

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

1.     Exercise

Price

Volume

Total

£0

34,153

£0

 

2.     Sale to discharge tax liabilities

Price

Volume

Total

£2.358

150

£353.66

g)

Date of transaction

19 December 2023

h)

Place of transaction

London Stock Exchange (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

1.             Vesting of a Conditional Share Award granted under the Company's Restricted Share Plan in June 2021 (the "RSP Award"); and

2.             Sale of Shares acquired on the vesting of the RSP Award to discharge tax liabilities arising on such vesting.

 

 

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

1.     Vesting

Price(s) per share

Volume(s)

£0

80,777

 

2.     Sale to discharge tax liabilities

Price(s) per share

Volume(s)

£2.279055

27,824

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

1.   Vesting

Price

Volume

Total

£0

80,777

£0

 

2.   Sale to discharge tax liabilities

Price

Volume

Total

£2.279055

27,824

£63,412.43

g)

Date of transaction

18 December 2023

h)

Place of transaction

London Stock Exchange (XLON)

 

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