Source - LSE Regulatory
RNS Number : 1120Y
SSP Group PLC
28 December 2023
 

FOR IMMEDIATE RELEASE                                                                                 LEI: 213800QGNIWTXFMENJ24

 

 

28 December 2023

SSP Group plc

(the "Company")

 

Notification of transactions by Persons Discharging Managerial Responsibility

 

The Company announces that today the persons set out in the tables below, each being a Person Discharging Managerial Responsibility (a "PDMR"), were each granted an award under the Company's Deferred Share Bonus Plan (the "DSBP") (an "Award") to acquire ordinary shares of 117/200 pence each in the capital of the Company (the "Shares").

 

The number of Shares subject to each Award has been determined by reference to the closing price of the Company's Shares on the dealing day before the Awards were granted, being £2.369 per Share.

 

The Awards have been granted in connection with the deferral of part of each PDMR's bonus for the financial year ended 30 September 2023. The amount of deferral reflects the extent to which the executive director has met their shareholding guideline as at 30 September 2023. The Shares are subject to a three-year holding period from 1 October 2023 to 30 September 2026 and will be released on 1 October 2026.

 

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, General Counsel & Company Secretary                   

 

 



 

1

Details of the person discharging managerial responsibility

a)

Name

Patrick Coveney

2

Reason for the notification

a)

Position/status

Group CEO

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

GB00BNGWY422

c)

Nature of the transaction

Grant of an Award to acquire Shares under the Company's Deferred Share Bonus Plan (representing a deferral of 33% of his bonus for the 2023 financial year)

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

 

Price(s) per share

Volume(s)

£0

181,367

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price

Volume

Total

£0

181,367

£0

g)

Date of transaction

28 December 2023

h)

Place of transaction

Outside of trading venue

 

 

 

 

 

 

 

 

 

 

 

 

1

Details of the person discharging managerial responsibility

a)

Name

Jonathan Davies

2

Reason for the notification

a)

Position/status

Deputy Group CEO and CFO

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

GB00BNGWY422

c)

Nature of the transaction

Grant of an Award to acquire Shares under the Company's Deferred Share Bonus Plan (representing a deferral of 33% of his bonus for the 2023 financial year)

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

 

Price(s) per share

Volume(s)

£0

103,304

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price

Volume

Total

£0

103,304

£0

g)

Date of transaction

28 December 2023

h)

Place of transaction

Outside of trading venue

 

 

 

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