Director/PDMR Shareholding

RNS Number : 2776W

SSP Group PLC

07 February 2017

 

FOR IMMEDIATE RELEASE                                                                        LEI: 213800QGNIWTXFMENJ24

7 February 2017

SSP Group plc

(the "Company")

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

The Company has been notified that on 6 February 2017 the persons set out in the table below, each 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 UK Share Incentive Plan ("UK SIP") at a price of £4.065 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP. 

Name	Position	Partnership Shares	Matching Shares
Kate Swann	Chief Executive Officer	31	15
Jonathan Davies	Chief Financial Officer	31	15
Mark Angela	Chief Commercial Officer and CEO -Eastern Europe and Middle East	31	15
Simon Smith	CEO - UK & Ireland	31	15

The UK SIP is a share plan available to all of the Company's UK employees, subject to qualifying conditions.  The UK SIP is administered by Computershare Trustees Limited, a UK incorporated company, who is the registered holder of the Shares.

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		1.     Kate Swann 2.     Jonathan Davies 3.     Mark Angela 4.     Simon Smith
2	Reason for the notification
a)	Position/status		1.     Chief Executive Officer 2.     Chief Financial Officer 3.     Chief Commercial Officer and CEO - Eastern Europe and Middle East 4.     CEO - UK & Ireland
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 entity		SSP Group plc
b)	Legal Entity Identifier Code		213800QGNIWTXFMENJ24
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 financial instrument, type of instrument	Ordinary Shares of 1 pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	Purchase of Partnership Shares and allocation of Matching Shares under the UK SIP.
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Partnership Shares Price(s) per share Volume(s) Aggregate Price 1.     £4.065 2.     £4.065 3.     £4.065 4.     £4.065 1.     31 2.     31 3.     31 4.     31 1.     £126.02 2.     £126.02 3.     £126.02 4.     £126.02 Matching Shares Price(s) per share Volume(s) Aggregate Price 1.     £0 2.     £0 3.     £0 4.     £0 1.     15 2.     15 3.     15 4.     15 1.     £0 2.     £0 3.     £0 4.     £0
f)	Aggregated Information -       Price -       Volume -       Total Price	Price(s) per share Volume(s) Total Aggregate Price 1.     £4.065 2.     £4.065 3.     £4.065 4.     £4.065 1.     46 2.     46 3.     46 4.     46 1.     £126.02 2.     £126.02 3.     £126.02 4.     £126.02
g)	Date of transaction	6 February 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]

 

END

 

 

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