Director/PDMR Shareholding

RNS Number : 5092C

SSP Group PLC

10 February 2020

 

FOR IMMEDIATE RELEASE                                                                                         LEI: 213800QGNIWTXFMENJ24

10 February 2020

SSP Group plc

(the "Company")

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

The Company has been notified that on 6 February 2020 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 1^17/200 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 £6.79 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
Simon Smith	Chief Executive Officer	18	9
Jonathan Davies	Chief Financial Officer	18	9

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.     Simon Smith 2.     Jonathan Davies
2	Reason for the notification
a)	Position/status	1.     Chief Executive Officer 2.     Chief Financial Officer
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 117/200 pence
b)	Identification Code	GB00BGBN7C04
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) 1.     £6.79 2.     £6.79 1.     18 2.     18 Matching Shares Price(s) per share Volume(s) 1.     £0.00 2.     £0.00 1.     9 2.     9
f)	Aggregated Information -       Price -       Volume -       Total Price	Partnership Shares Price(s) per share Volume(s) Total Aggregate Price 1.     £6.79 2.     £6.79 1.     18 2.     18 1.     £122.22 2.     £122.22 Matching Shares Price(s) per share Volume(s) Total Aggregate Price 1.     £0.00 2.     £0.00 1.     9 2.     9 1.     £0.00 2.     £0.00
g)	Date of transaction	6 February 2020
h)	Place of transaction	London Stock Exchange, Main Market (XLON)

 For further information, please contact:

 SSP Group plc

Helen Byrne, Company Secretary                   

Tel:  [phone]

 

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