SSP Group PLC Director/PDMR Shareholding (7704E)

TIDMSSPG

RNS Number : 7704E

SSP Group PLC

11 May 2017

FOR IMMEDIATE RELEASE

LEI: 213800QGNIWTXFMENJ24

11 May 2017

SSP Group plc

(the "Company")

Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR")

The Company has been notified that on 8 May 2017 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 1 pence each in the capital of the Company ("Shares") under the Partnership Shares element of the Company's UK Share Incentive Plan ("UK SIP") at a price of GBP4.55 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP.

 
 Name           Position            Partnership   Matching 
                                     Shares        Shares 
-------------  ------------------  ------------  --------- 
                Chief Executive 
 Kate Swann      Officer            27            13 
-------------  ------------------  ------------  --------- 
 Jonathan       Chief Financial 
  Davies         Officer            27            13 
-------------  ------------------  ------------  --------- 
                Chief Commercial 
                 Officer and 
                 CEO -Eastern 
                 Europe and 
 Mark Angela     Middle East        27            13 
-------------  ------------------  ------------  --------- 
                CEO - UK 
 Simon Smith     & Ireland          27            13 
-------------  ------------------  ------------  --------- 
 

The UK SIP is a share plan available to all of the Company's UK employees, subject to qualifying conditions. The UK SIP is administered by Computershare Trustees Limited, a UK incorporated company, who is the registered holder of the Shares.

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.

 
 1    Details of the person discharging managerial 
       responsibility 
---  --------------------------------------------------------------------------------------------------------- 
 a)   Name                               1. Kate Swann 
                                          2. Jonathan Davies 
                                          3. Mark Angela 
                                          4. Simon Smith 
---  ---------------------------------  ---------------------------------------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------------------------------------------- 
 a)   Position/status                    1. Chief Executive Officer 
                                          2. Chief Financial Officer 
                                          3. Chief Commercial Officer 
                                          and CEO - Eastern Europe and 
                                          Middle East 
                                          4. 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                       SSP Group plc 
       the entity 
---  ---------------------------------  ---------------------------------------------------------------------- 
 b)   Legal Entity                       213800QGNIWTXFMENJ24 
       Identifier Code 
---  ---------------------------------  ---------------------------------------------------------------------- 
 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                      Ordinary Shares of 1 pence 
       of the financial 
       instrument, 
       type of instrument 
---  -------------------------------  ------------------------------------------------------------------------ 
 b)   Identification                   GB00BNGWY422 
       Code 
---  -------------------------------  ------------------------------------------------------------------------ 
 c)   Nature of the                    Purchase of Partnership Shares 
       transaction                      and allocation of Matching 
                                        Shares under the UK SIP. 
---  -------------------------------  ------------------------------------------------------------------------ 
 d)   Currency                         GBP - British Pound 
---  -------------------------------  ------------------------------------------------------------------------ 
 e)   Price(s) and                     Partnership Shares Price(s) per share   Volume(s)     Aggregate Price 
       Volume(s)                        -------------------  ------------  ------------------- 
                                              1. GBP4.55           1. 27         1. GBP122.85 
                                               2. GBP4.55           2. 27         2. GBP122.85 
                                               3. GBP4.55           3. 27         3. GBP122.85 
                                               4. GBP4.55           4. 27         4. GBP122.85 
                                        -------------------  ------------  ------------------- 
 
 
                                        Matching Shares Price(s) per share   Volume(s)     Aggregate Price 
                                        -------------------  ------------  ---------------- 
                                              1. GBP0              1. 13         1. GBP0 
                                               2. GBP0              2. 13         2. GBP0 
                                               3. GBP0              3. 13         3. GBP0 
                                               4. GBP0              4. 13         4. GBP0 
                                        -------------------  ------------  ---------------- 
---  -------------------------------  ------------------------------------------------------------------------ 
 f)   Aggregated                         Price(s) per share   Volume(s)     Total Aggregate Price 
       Information                       -------------------  ------------  ---------------------- 
        *    Price                             1. GBP4.55           1. 40         1. GBP122.85 
                                                2. GBP4.55           2. 40         2. GBP122.85 
                                                3. GBP4.55           3. 40         3. GBP122.85 
        *    Volume                             4. GBP4.55           4. 40         4. GBP122.85 
                                         -------------------  ------------  ---------------------- 
 
        *    Total Price 
---  -------------------------------  ------------------------------------------------------------------------ 
 g)   Date of transaction              8 May 2017 
---  -------------------------------  ------------------------------------------------------------------------ 
 h)   Place of transaction             London Stock Exchange, Main 
                                        Market (XLON) 
---  -------------------------------  ------------------------------------------------------------------------ 
 
 

For further information, please contact:

SSP Group plc

Helen Byrne, Company Secretary

Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 11, 2017 06:00 ET (10:00 GMT)