SSP Group PLC Director/PDMR Shareholding (3152O)

TIDMSSPG

RNS Number : 3152O

SSP Group PLC

17 August 2017

FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24

17 August 2017

SSP Group plc

(the "Company")

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

The Company has been notified that on 16 August 2017 the person set out in the table below, 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 International Share Incentive Plan ("ISIP") at a price of GBP5.40 per Share and and was also given a right to acquire Shares at nil consideration under the Matching Awards element of the ISIP.

 
     Name           Position          Partnership         Number of 
                                    Shares purchased    Shares subject 
                                                         to Matching 
                                                            Awards 
-------------  -----------------  ------------------  ---------------- 
                Chief Executive 
 Christopher        Officer - 
    Rayner        Asia Pacific            26                 13 
-------------  -----------------  ------------------  ---------------- 
 

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                             Christopher Rayner 
---  -------------------------------  ---------------------------------------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer - 
                                        Asia Pacific 
---  -------------------------------  ---------------------------------------------------------------------- 
 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 the right to acquire Matching 
                                        Shares under the Matching 
                                        Award element of the ISIP. 
---  -------------------------------  ---------------------------------------------------------------------- 
 d)   Currency                         GBP - British Pound 
---  -------------------------------  ---------------------------------------------------------------------- 
 e)   Price(s) and                     Partnership Shares Price(s) per share   Volume(s)     Aggregate Price 
       Volume(s)                        -------------------  ----------  --------------------- 
                                                    GBP5.40      26                  GBP140.40 
                                        -------------------  ----------  --------------------- 
 
 
                                        Shares subject to Matching 
                                        Award Price(s) per share   Volume(s)   Aggregate Price 
                                        -------------------  ----------  ---------------- 
                                                    GBP0.00         13            GBP0.00 
                                        -------------------  ----------  ---------------- 
---  -------------------------------  ---------------------------------------------------------------------- 
 f)   Aggregated Information             Price(s) per share   Volume(s)   Total Aggregate Price 
        *    Price                       -------------------  ----------  ---------------------- 
                                                     GBP5.40        39             GBP140.40 
                                         -------------------  ----------  ---------------------- 
        *    Volume 
 
 
        *    Total Price 
---  -------------------------------  ---------------------------------------------------------------------- 
 g)   Date of transaction              16 August 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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August 17, 2017 10:49 ET (14:49 GMT)