Director/PDMR Shareholding

RNS Number : 7224W

SSP Group PLC

12 December 2019

 

FOR IMMEDIATE RELEASE                                                                                                         LEI: 213800QGNIWTXFMENJ24

12 December 2019

SSP Group plc

(the "Company")

Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs") in connection with the Vesting and Exercise of Awards under the Performance Share Plan ("PSP")

The Company today makes the following announcement regarding the vesting and exercise of the PSP awards granted in 2016 over ordinary shares of 1^17/200 pence nominal value (1 pence at the time of grant) in the capital of the Company (the "Shares") held by one of its PDMRs under the PSP (the "PSP Awards"). 

Name of PDMR	Position	Number of Shares acquired on vesting/exercise of 2016 PSP Awards	Number of Shares sold on vesting/exercise of 2016 PSP Awards
Jonathan Davies	Chief Financial Officer	146,696	69,829

The notification of dealing forms for each PDMR can be found below.

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.

 For further information, please contact:

 SSP Group plc

Helen Byrne, Company Secretary                   

Tel:  [phone]

 

1	Details of the person discharging managerial responsibility
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)	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	1.             Exercise of an Award to acquire Shares under the Company's Performance Share Plan (PSP); 2.             Sale of Shares acquired on the exercise of an Award under the PSP to discharge tax liabilities arising on such exercise; and 3.             Transfer of legal title to shares with no change in beneficial ownership.
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Exercise: Price(s) per share Volume(s) Aggregate Price £0 146,696 £0 Sale to discharge tax liabilities:: Price(s) per share Volume(s) Aggregate Price £6.407999 69,829 £447,464.16 Transfer to nominee CREST account: Price(s) per share Volume(s) Aggregate Price £0 76,867 £0
f)	Aggregated Information -       Price -       Volume -       Total Price	Exercise: Price(s) per share Volume(s) Aggregate Price £0 146,696 £0 Sale to discharge tax liabilities: Price(s) per share Volume(s) Aggregate Price £ 6.407999 69,829 £447,464.16 Transfer to nominee CREST account: Price(s) per share Volume(s) Aggregate Price £0 76,867 £0
g)	Date of transaction	Exercise and Sale- 10/12/2019 Transfer - 12/12/2019
h)	Place of transaction	London Stock Exchange, Main Market (XLON)

 

END

 

 

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