Director/PDMR Shareholding

RNS Number : 0889W

SSP Group PLC

20 April 2021

 

FOR IMMEDIATE RELEASE   213800QGNIWTXFMENJ24

20 April 2021

SSP Group plc

(the "Company")

Notification of transaction by Persons Discharging Managerial Responsibility ("PDMR")  and/or their connected person

The Company was notified that the following transactions were made by persons discharging managerial responsibilities ("PDMRs") and/or persons closely associated with PDMRs ("PCAs") in connection with the 12 for 25 rights issue of new ordinary shares in the Company, announced on 17 March 2021.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Simon Smith
2.	Reason for the notification
(a)	Position/status	Chief Executive Officer
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	SSP Group plc
(b)	LEI	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	Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to: 1. registered ordinary shares; and 2. ordinary shares held within the SSP Group plc's UK Share Incentive Plan UK
(b)	Identification code	GB00BNKBD935
(c)	Nature of the transaction	1. and 2. Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021.
(d)	Price(s) and volume(s)	Nil Paid Rights sold 1. Price(s) Volume(s) £1.244963 21,538 2. Price(s) Volume(s) £1.16855 847
(e)	Aggregated information -  Price -  Volume -  Total	Sale of: 1. 21,538  Nil Paid Rights at £1.244963 pence per right for a total of £26,814.01; and 2. 847  Nil Paid Rights at £1.16855 pence per right for a total of £989.76, in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021
(f)	Date of the transaction	1. 15 April 2021 2. 16 April 2021
(g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Jonathan Davies
2.	Reason for the notification
(a)	Position/status	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)	Name	SSP Group plc
(b)	LEI	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	Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to: 1. registered ordinary shares; and 2. ordinary shares held within the SSP Group plc's UK Share Incentive Plan UK
(b)	Identification code	GB00BNKBD935
(c)	Nature of the transaction	1. and 2. Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021.
(d)	Price(s) and volume(s)	Nil Paid Rights sold  1. Price(s) Volume(s) £1.244963 8,013 2. Price(s) Volume(s) £1.16855 1166
(e)	Aggregated information -  Price -  Volume -  Total	Sale of: 1. 8,013 Nil Paid Rights at £1.244963 pence per right for a total of £9,975.88; and 2. 1,166  Nil Paid Rights at £1.16855 pence per right for a total of £1,362.53, in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021
(f)	Date of the transaction	1. 15 April 2021 2. 16 April 2021
(g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Mark Angela
2.	Reason for the notification
(a)	Position/status	Chief Executive Officer - Asia Pacific
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	SSP Group plc
(b)	LEI	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	Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to: 1. registered ordinary shares; 2. ordinary shares held within the SSP Group plc's UK Share Incentive Plan UK; and 3. ordinary shares held within Computershare's Share Plan Account
(b)	Identification code	GB00BNKBD935
(c)	Nature of the transaction	1., 2. and 3. Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021.
(d)	Price(s) and volume(s)	Nil Paid Rights sold 1. Price(s) Volume(s) £1.244963 5,500 2. Price(s) Volume(s) £1.16855 813 3. Price(s) Volume(s) £1.16855 31,168
(e)	Aggregated information -  Price -  Volume -  Total	Sale of: 1. 5,500 Nil Paid Rights at £1.244963 pence per right for a total of £6,847.29; and 2. 813 Nil Paid Rights at £1.16855 pence per right for a total of £950.03; and 3. 31,168 Nil Paid Rights at £1.16855 pence per right for a total of £36,421.37, in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021
(f)	Date of the transaction	1. 15 April 2021 2. 16 April 2021 3. 16 April 2021
(g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Oliver Dörschuck
2.	Reason for the notification
(a)	Position/status	Chief Executive Officer -Continental Europe
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	SSP Group plc
(b)	LEI	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	Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc that relate to: 1. registered ordinary shares; and 2. ordinary shares held within Computershare's Share Plan Account
(b)	Identification code	GB00BNKBD935
(c)	Nature of the transaction	1. and 2. Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021.
(d)	Price(s) and volume(s)	Nil Paid Rights sold 1. Price(s) Volume(s) £1.244963 13,770 2. Price(s) Volume(s) £1.16855 12,534
(e)	Aggregated information -  Price -  Volume -  Total	Sale of: 1. 13,770Nil Paid Rights at £1.244963 pence per right for a total of £ 17,143.14; and 2. 12,534 Nil Paid Rights at £1.16855 pence per right for a total of £ 14,646.61, in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021
(f)	Date of the transaction	1. 15 April 2021 2. 16 April 2021
(g)	Place of the 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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