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SSPG Ssp Group Plc

196.70
-2.60 (-1.30%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ssp Group Plc LSE:SSPG London Ordinary Share GB00BGBN7C04 ORD 1 17/200P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.60 -1.30% 196.70 197.30 197.50 201.20 197.10 200.00 1,483,107 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Food Preparations, Nec 3.02B 8.1M 0.0102 193.43 1.57B

SSP Group PLC Director/PDMR Shareholding (6063Q)

30/11/2016 5:00pm

UK Regulatory


Ssp (LSE:SSPG)
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TIDMSSPG

RNS Number : 6063Q

SSP Group PLC

30 November 2016

LEI: 213800QGNIWTXFMENJ24

FOR IMMEDIATE RELEASE

30 November 2016

SSP Group plc

(the "Company")

Notification of transactions of Persons Discharging Managerial Responsibilities

This notification is made in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

On 30 November 2016, awards taking the form of nil cost options or conditional share awards ("Awards") to acquire ordinary shares of 1 pence each ("Shares") in the Company were granted to certain persons discharging managerial responsibilities ("PDMRs") under the SSP Group plc Performance Share Plan ("PSP"), as set out in the table below. The acquisition and grant of awards over Shares took place on the London Stock Exchange.

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 371 pence per Share.

 
   Name of PDMR                 Position               Number of Shares under Award   Aggregated Price of Shares under 
                                                                                                   Award 
-----------------  ---------------------------------  -----------------------------  --------------------------------- 
    Kate Swann          Chief Executive Officer                  420,646                            GBP0 
-----------------  ---------------------------------  -----------------------------  --------------------------------- 
 Jonathan Davies        Chief Financial Officer                  140,215                            GBP0 
-----------------  ---------------------------------  -----------------------------  --------------------------------- 
   Mark Angela      Chief Commercial Officer and CEO             112,870                            GBP0 
                    -Eastern Europe and Middle East 
-----------------  ---------------------------------  -----------------------------  --------------------------------- 
   Simon Smith             CEO - UK & Ireland                    113,925                            GBP0 
-----------------  ---------------------------------  -----------------------------  --------------------------------- 
 Nicholas Inkster         CEO - Western Europe                   108,667                            GBP0 
-----------------  ---------------------------------  -----------------------------  --------------------------------- 
 Michael Svagdis          CEO - North America                    140,137                            GBP0 
-----------------  ---------------------------------  -----------------------------  --------------------------------- 
 Cornelius Everke              CEO - DACH                        102,621                            GBP0 
-----------------  ---------------------------------  -----------------------------  --------------------------------- 
   Chris Rayner            CEO - Asia Pacific                     95,383                            GBP0 
-----------------  ---------------------------------  -----------------------------  --------------------------------- 
 

The vesting of the Awards is subject to the satisfaction of performance conditions measured over the three-year period from 1 October 2016 to 30 September 2019. 75% of the total Awards is based on earnings per share (EPS) growth and 25% of the total Awards is based on relative Total Shareholder Return (TSR).

No consideration was paid for the grant of any of the Awards.

For further information, please contact:

SSP Group plc

Helen Byrne, Company Secretary Tel: +44 (0) 207 543 3404

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEAKFEDAPKFFF

(END) Dow Jones Newswires

November 30, 2016 12:00 ET (17:00 GMT)

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