Director/PDMR Shareholding

RNS Number : 2561H

SSP Group PLC

27 November 2015

 

27 November 2015

SSP Group plc

(the "Company")

Notification of transactions of Persons Discharging Managerial Responsibilities

This notification is made in accordance with the requirements of Rule 3.1.4R of the FCA's Disclosure Rules and Transparency Rules.

On 27 November 2015, awards taking the form of nil cost options or conditional share awards ("Awards") to acquire ordinary shares of 1 pence each ("Shares") in the Company were granted to certain persons discharging managerial responsibilities ("PDMRs") under the SSP Group plc Performance Share Plan ("PSP"), as set out in column 3 in the table below.

The number of Shares subject to the Awards has been determined by reference to the closing price of the Company's Shares on the day before the Awards were granted, being 310.4 pence per Share.

1. Name	2. Status	3. Number of Shares under Award
Kate Swann	Director/PDMR	492,912
Jonathan Davies	Director/PDMR	164,304
Mark Angela	PDMR	129,389
Simon Smith	PDMR	133,497
Nicholas Inkster	PDMR	127,336
Cornelius Everke	PDMR	99,425
Michael Svagdis	PDMR	135,789

The vesting of the Awards is subject to the satisfaction of performance conditions measured over the three-year period from 1 October 2015 to 30 September 2018.  75% of the total Awards is based on earnings per share (EPS) growth and 25% of the total Awards is based on relative Total Shareholder Return (TSR).

No consideration was paid for the grant of any of the Awards.

For further information, please contact:

SSP Group plc

Helen Byrne, Company Secretary                                     Tel:  [phone]

 

END

 

 

RDSEASFXALLSFFF