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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.40 | 0.20% | 198.90 | 197.40 | 198.20 | 202.00 | 197.50 | 202.00 | 702,617 | 16:35:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Food Preparations, Nec | 3.02B | 8.1M | 0.0102 | 193.92 | 1.58B |
TIDMSSPG
RNS Number : 9930A
SSP Group PLC
03 June 2019
FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
3 June 2019
SSP Group plc
(the "Company")
Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR")
The Company has been notified that the person set out in the table below, being a Person Discharging Managerial Responsibility (a "PDMR"), was granted awards taking the form of nil cost options ("Awards") to acquire ordinary shares of 1(17/200) 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 GBP6.7050 per Share.
The vesting of the Awards is subject to a three year vesting period and the satisfaction of performance conditions measured over a three-year period from 1 October 2018 to 30 September 2021. 75% of the total Awards is based on earnings per share growth and 25% of the total Awards is based on relative Total Shareholder Return.
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 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 SSP Group plc entity ------------------------------- ------------------------------------------------------------------ b) Legal Entity Identifier 213800QGNIWTXFMENJ24 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 of the Ordinary Shares of 1(17/200) pence financial instrument, type of instrument ------------------------------- ------------------------------------------------------------------ b) Identification Code GB00BGBN7C04 ------------------------------- ------------------------------------------------------------------ c) Nature of the transaction Grant of Award over Shares under the Company's Performance Share Plan ------------------------------- ------------------------------------------------------------------ d) Currency GBP - British Pound ------------------------------- ------------------------------------------------------------------ e) Price(s) and Volume(s) Price(s) per share Volume(s) Aggregate Price GBP0 74,571 GBP0 ------------------ ---------------- ------------------------------- ------------------------------------------------------------------ f) Aggregated Information Price(s) per share Volume(s) Total Aggregate Price * Price GBP0 74,571 GBP0 ------------------ ---------------------- * Volume - Total Price ------------------------------- ------------------------------------------------------------------ g) Date of transaction 3 June 2019 ------------------------------- ------------------------------------------------------------------ h) Place of transaction London Stock Exchange, Main Market (XLON) ------------------------------- ------------------------------------------------------------------
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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DSHEAKKDESENEFF
(END) Dow Jones Newswires
June 03, 2019 13:00 ET (17:00 GMT)
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