SSP Group PLC Director/PDMR Shareholding (4174N)

TIDMSSPG

RNS Number : 4174N

SSP Group PLC

17 January 2019

FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24

17 January 2019

SSP Group plc

(the "Company")

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

The Company has been notified that on 16 January 2019 the person set out in the table below, being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 1 (1/30) 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 GBP6.877 per Share 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              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 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                   Ordinary Shares of 1 (1/30) pence 
       the financial instrument, 
       type of instrument 
     -------------------------------  --------------------------------------------------------------------------------------- 
 b)   Identification                   GB00BFWK4V16 
       Code 
     -------------------------------  --------------------------------------------------------------------------------------- 
 c)   Nature of the transaction        Purchase of Partnership Shares and 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) 
                                                    GBP6.877           22 
                                                               ---------- 
 
 
                                        Shares subject to Matching Award Price(s) per share    Volume(s) 
                                                    GBP0.00            11 
                                                              ----------- 
     -------------------------------  --------------------------------------------------------------------------------------- 
 f)   Aggregated Information           Partnership Shares Price(s) per share    Volume(s)      Aggregate Price 
        *    Price                                  GBP6.877          22              GBP151.294 
                                                              ----------  ---------------------- 
 
        *    Volume 
                                        Shares subject to Matching Award Price(s) per share   Volume(s)     Aggregate Price 
                                                    GBP0.00           11              GBP0.00 
        *    Total Price                                     -----------  ------------------- 
     -------------------------------  --------------------------------------------------------------------------------------- 
 g)   Date of transaction              16 January 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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January 17, 2019 10:30 ET (15:30 GMT)