FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
23 November 2017
SSP Group plc
(the "Company")
Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR")
The Company has been notified that the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), were granted awards taking the form of nil cost options or conditional share awards ("Awards") to acquire ordinary shares of 1 pence each ("Shares") on the dates and at the prices set out 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 657.75 pence per Share.
Name |
Position |
Number of Shares under Award |
Kate Swann |
Chief Executive Officer |
242,008 |
Jonathan Davies |
Chief Financial Officer |
80,669 |
Mark Angela |
Chief Commercial Officer and CEO - Eastern Europe and Middle East |
64,937 |
Simon Smith |
CEO - UK & Ireland |
65,543 |
Christopher Rayner |
CEO - Asia Pacific |
54,876 |
Michael Svagdis |
CEO - North America |
75,908 |
Nick Inkster |
CEO - Nordics & Spain |
62,518 |
Oliver Dörschuck |
CEO - DACH & FRABEL |
53,960 |
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 |
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a) |
Name |
1. Kate Swann 2. Jonathan Davies 3. Mark Angela 4. Simon Smith 5. Christopher Rayner 6. Michael Svagdis 7. Nick Inkster 8. Oliver Dörschuck |
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2 |
Reason for the notification |
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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 5. CEO - Asia Pacific 6. CEO - North America 7. CEO - Nordics & Spain 8. CEO - DACH & FRABEL |
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b) |
Initial notification/amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Full name of the entity |
SSP Group plc |
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b) |
Legal Entity Identifier Code |
213800QGNIWTXFMENJ24 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary Shares of 1 pence |
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b) |
Identification Code |
GB00BNGWY422 |
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c) |
Nature of the transaction |
Grant of Award over Shares under the Company's Performance Share Plan |
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d) |
Currency |
GBP - British Pound |
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e) |
Price(s) and Volume(s) |
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f) |
Aggregated Information - Price - Volume - Total Price |
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g) |
Date of transaction |
23 November 2017 |
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h) |
Place of transaction |
London Stock Exchange, Main Market (XLON) |
For further information, please contact:
SSP Group plc
Helen Byrne, Company Secretary
Tel: +44 (0) 207 543 3404