Director/PDMR Shareholding

RNS Number : 7591G

SSP Group PLC

05 March 2018

 

FOR IMMEDIATE RELEASE                                                                                 LEI: 213800QGNIWTXFMENJ24

5 March 2018

SSP Group plc

(the "Company")

Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR") in connection with the Vesting and Exercise of Awards under the Performance Share Plan ("PSP")

The Company today makes the following announcement regarding the vesting and exercise of the first PSP awards granted following the IPO in 2014 over ordinary shares of 1p in the capital of the Company (the "Shares") held by one of its PDMRs under the PSP (the "PSP Awards").  Full details of the PSP Awards are included in SSP's 2017 Annual Report:

Name of PDMR	Position	Number of Shares acquired on vesting/exercise of PSP Awards	Number of Shares sold on vesting/exercise of PSP Awards	Total number of Shares held following sale*
Mark Angela	Chief Commercial Officer and CEO - Eastern Europe and Middle East	194,935	93,710	834,584

*not including unvested/unexercised awards under the PSP. This does include issued Shares held in the Company's UK Share Incentive Plan.

The notification of dealing form for Mark Angela can be found below.

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.

 For further information, please contact:

 SSP Group plc

Helen Byrne, Company Secretary                   

Tel:  [phone]

 

1	Details of the person discharging managerial responsibility
a)	Name	Mark Angela
2	Reason for the notification
a)	Position/status	Chief Commercial Officer and CEO - Eastern Europe and Middle East
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	1.      Exercise of an Award to acquire Shares under the Company's Performance Share Plan; and 2.      Sale of Shares acquired on the exercise of an Award under the Company's Performance Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Exercise: Price(s) per share Volume(s) Aggregate Price £0 194,935 £0 Sale: Price(s) per share Volume(s) Aggregate Price £5.9385 93,710 £556,496.84
f)	Aggregated Information -       Price -       Volume -       Total Price	Exercise: Price(s) per share Volume(s) Total Aggregate Price £0 194,935 £0 Sale: Price(s) per share Volume(s) Aggregate Price £5.9385 93,710 £556,496.84
g)	Date of transaction	2 March 2018
h)	Place of transaction	London Stock Exchange, Main Market (XLON)

 

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