Director/PDMR Shareholding

RNS Number : 4569I

SSP Group PLC

01 April 2020

 

LEI:213800QGNIWTXFMENJ24

For immediate release

1 April 2020

SSP Group plc

(the "Company")

Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs")

Further to the Company's announcement on 25 March 2020 of the successful completion of the placing of new ordinary shares (the "Placing") and the related subscription for new ordinary shares by certain directors and members of the senior management team of the Company (the "Subscription"), the Company announces that as part of the Subscription, 214,000 new ordinary shares were issued to Persons Discharging Managerial Responsibilities of the Company as follows:

Name	Number of ordinary shares
Simon Smith	60,000
Oliver Dörschuck	48,000
Mike Clasper	40,000
Jonathan Davies	20,000
Ian Dyson	16,000
Mark Angela	16,000
Per Utnegaard	8,000
Jeremy Fennell	6,000

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.  Oliver Dörschuck 3.  Mike Clasper 4.  Jonathan Davies 5.  Ian Dyson 6.  Mark Angela 7.  Per Utnegaard 8.  Jeremy Fennell
2	Reason for the notification
a)	Position/status	1.  Group Chief Executive Officer 2.  Chief Executive Officer - Continental Europe 3.  Chairman of the Board of Directors - SSP Group plc 4.  Group Chief Financial Officer 5.  Non-Executive Director - SSP Group plc 6.  Chief Executive Officer - Asia Pacific 7.  Non-Executive Director - SSP Group plc 8.  Chief Executive Officer - Nordics
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	Subscription of Ordinary Shares
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Price(s) per share Volume(s) 1.  £2.50 2.  £2.50 3.  £2.50 4.  £2.50 5.  £2.50 6.  £2.50 7.  £2.50 8.  £2.50 1.  60,000 2.  48,000 3.  40,000 4.  20,000 5.  16,000 6.  16,000 7.  8,000 8.  6,000
f)	Aggregated Information -  Price -  Volume -  Total Price	Price(s) per share Volume(s) Total Aggregate Price 1.  £2.50 2.  £2.50 3.  £2.50 4.  £2.50 5.  £2.50 6.  £2.50 7.  £2.50 8.  £2.50 1.  60,000 2.  48,000 3.  40,000 4.  20,000 5.  16,000 6.  16,000 7.  8,000 8.  6,000 1.  £150,000 2.  £120,000 3.  £100,000 4.  £50,000 5.  £40,000 6.  £40,000 7.  £20,000 8.  £15,000
g)	Date of transaction	27 March 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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