SSP Group PLC Director/PDMR Shareholding (9885T)

TIDMSSPG

RNS Number : 9885T

SSP Group PLC

18 October 2017

FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24

18 October 2017

SSP Group plc

(the "Company")

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

The Company has been notified that on 16 October 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 GBP5.70 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 
                                    Shares purchased    subject to Matching 
                                                              Awards 
-------------  -----------------  ------------------  --------------------- 
                Chief Executive 
 Christopher     Officer - Asia 
    Rayner           Pacific              25                    12 
-------------  -----------------  ------------------  --------------------- 
 

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                  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             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 of the       Ordinary Shares of 1 pence 
       financial instrument, 
       type of instrument 
---  -----------------------  ---------------------------------------------------------------------------------------- 
 b)   Identification Code      GB00BNGWY422 
---  -----------------------  ---------------------------------------------------------------------------------------- 
 c)   Nature of the            Purchase of Partnership Shares and 
      transaction               the right to acquire Matching Shares 
                                under the Matching Award element of 
                                the ISIP. 
---  -----------------------  ---------------------------------------------------------------------------------------- 
 d)   Currency                 GBP - British Pound 
---  -----------------------  ---------------------------------------------------------------------------------------- 
 e)   Price(s) and Volume(s)   Partnership Shares Price(s) per share     Volume(s)       Aggregate Price 
                                -------------------  --------------  --------------------- 
                                            GBP5.70              25              GBP142.50 
                                -------------------  --------------  --------------------- 
 
 
                                Shares subject to Matching Award Price(s) per share     Volume(s)      Aggregate Price 
                                -------------------  --------------  ------------------- 
                                            GBP0.00              12              GBP0.00 
                                -------------------  --------------  ------------------- 
---  -----------------------  ---------------------------------------------------------------------------------------- 
 f)   Aggregated Information     Price(s) per share     Volume(s)     Total Aggregate Price 
        *    Price               -------------------  --------------  ---------------------- 
                                             GBP5.70              37              GBP142.50 
                                 -------------------  --------------  ---------------------- 
        *    Volume 
 
 
        *    Total Price 
---  -----------------------  ---------------------------------------------------------------------------------------- 
 g)   Date of transaction      16 October 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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October 18, 2017 13:00 ET (17:00 GMT)