SSP Group PLC Director/PDMR Shareholding (3084I)

TIDMSSPG

RNS Number : 3084I

SSP Group PLC

20 March 2018

FOR IMMEDIATE RELEASE

LEI: 213800QGNIWTXFMENJ24

20 March 2018

SSP Group plc

(the "Company")

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

The Company has been notified that on the person set out in the table below, being a Person Discharging Managerial Responsibility (a "PDMR"), has 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 GBP6.23 per Share and and was also given a right to acquire Shares at nil consideration under the Matching Awards element of the ISIP. Details are set out in the table below.

 
     Name           Position          Partnership         Number of 
                                    Shares purchased    Shares subject 
                                                         to Matching 
                                                            Awards 
-------------  -----------------  ------------------  ---------------- 
                Chief Executive 
 Christopher        Officer - 
    Rayner        Asia Pacific            22                 11 
-------------  -----------------  ------------------  ---------------- 
 

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 International 
                                        Incentive Plan. 
---  -------------------------------  ---------------------------------------------------------------------------- 
 d)   Currency                         GBP - British Pound 
---  -------------------------------  ---------------------------------------------------------------------------- 
 e)   Price(s) and                     Partnership Shares Price(s) per share     Volume(s)       Aggregate Price 
       Volume(s)                        -------------------  --------------  --------------------- 
                                                    GBP6.23              22              GBP137.06 
                                        -------------------  --------------  --------------------- 
 
 
                                        Shares subject to Matching 
                                        Award Price(s) per share     Volume(s)      Aggregate Price 
                                        -------------------  --------------  ------------------- 
                                                    GBP0.00              11              GBP0.00 
                                        -------------------  --------------  ------------------- 
---  -------------------------------  ---------------------------------------------------------------------------- 
 f)   Aggregated                         Price(s) per share     Volume(s)     Total Aggregate Price 
       Information                       -------------------  --------------  ---------------------- 
        *    Price                                   GBP6.23              33              GBP137.06 
                                         -------------------  --------------  ---------------------- 
 
        *    Volume 
 
 
        *    Total Price 
---  -------------------------------  ---------------------------------------------------------------------------- 
 g)   Date of transaction              16 March 2018 
---  -------------------------------  ---------------------------------------------------------------------------- 
 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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March 20, 2018 13:02 ET (17:02 GMT)