SSP Group PLC Director/PDMR Shareholding (6928L)

TIDMSSPG

RNS Number : 6928L

SSP Group PLC

09 September 2019

FOR IMMEDIATE RELEASE

LEI: 213800QGNIWTXFMENJ24

9 September 2019

SSP Group plc

(the "Company")

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

The Company has been notified that on 6 September 2019 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 1(17/200) 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 GBP7.06 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 
 Simon Smith         Officer               17               8 
                   -----------------  ------------  ---------------- 
                    Chief Financial 
 Jonathan Davies     Officer               17               8 
                   -----------------  ------------  ---------------- 
 

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. Simon Smith 
                                      2. Jonathan Davies 
     -----------------------------  ---------------------------------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                1. Chief Executive Officer 
                                      2. Chief Financial Officer 
     -----------------------------  ---------------------------------------------------------------------------------- 
 b)   Initial                        Initial notification 
      notification/amendment 
     -----------------------------  ---------------------------------------------------------------------------------- 
 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      Purchase of Partnership Shares and 
                                      allocation of Matching Shares under 
                                      the UK SIP. 
     -----------------------------  ---------------------------------------------------------------------------------- 
 d)   Currency                       GBP - British Pound 
     -----------------------------  ---------------------------------------------------------------------------------- 
 e)   Price(s) and Volume(s)         Partnership Shares Price(s) per share   Volume(s) 
                                            1. GBP7.06           1. 17 
                                             2. GBP7.06           2. 17 
                                                           ------------ 
 
 
                                      Matching Shares Price(s) per share   Volume(s) 
                                            1. GBP0.00           1. 8 
                                             2. GBP0.00           2. 8 
                                                           ----------- 
     -----------------------------  ---------------------------------------------------------------------------------- 
 f)   Aggregated Information         Partnership Shares Price(s) per share   Volume(s)           Total Aggregate Price 
        *    Price                          1. GBP7.06                 1. 17         1. GBP120.02 
                                             2. GBP7.06                 2. 17         2. GBP120.02 
                                                           ------------------  ---------------------- 
        *    Volume 
 
                                      Matching Shares Price(s) per share   Volume(s)    Total Aggregate Price 
        *    Total Price                    1. GBP0.00           1. 8         1. GBP0.00 
                                             2. GBP0.00           2. 8         2. GBP0.00 
                                                           -----------  ---------------------- 
     -----------------------------  ---------------------------------------------------------------------------------- 
 g)   Date of transaction            6 September 2019 
     -----------------------------  ---------------------------------------------------------------------------------- 
 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 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 [e-mail] or visit www.rns.com.

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September 09, 2019 13:23 ET (17:23 GMT)