Issue of Equity

RNS Number : 2773I

SSP Group PLC

22 November 2018

 

FOR IMMEDIATE RELEASE

LEI: 213800QGNIWTXFMENJ24

22 November 2018

SSP Group plc

(the "Company")

Issue of Shares in connection with the Company's share plans

Today Computershare Trustees (Jersey) Limited, the trustee of the Company's Share Plans Trust (the "Trustee" and the "Trust"), subscribed for 2,985,000 ordinary shares of 1 ^1/30 pence each in the capital of the Company for a subscription price equal to the nominal value per share (the "EBT Shares").  The EBT Shares are held in a nominee account by Computershare Nominees (Channel Islands) Limited on behalf of the Trustee and will be used to satisfy Awards granted by the Company under its Performance Share Plan (the "PSP") and International Share Incentive Plan ("ISIP") as and when they vest/become exercisable in accordance with the rules of the PSP and ISIP. 

The EBT Shares rank pari passu in all respects with the existing issued shares of the Company.

In accordance with DTR 5.6.1R, following issue, the Company's issued share capital will consist of  466,996,650 ordinary shares of 1 ^1/30 pence each (the "Ordinary Shares"), with one vote per share.  The Company does not hold any Ordinary Shares in treasury.  Therefore, the total number of voting rights is 466,996,650 and this is the figure which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

SSP Group plc

Helen Byrne, Company Secretary                                             Tel: [phone]

 

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