Director/PDMR Shareholding

RNS Number : 4259J

SSP Group PLC

12 December 2022

 

FOR IMMEDIATE RELEASE   LEI: 213800QGNIWTXFMENJ24

12 December 2022

SSP Group plc

(the "Company")

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

The Company has been notified that the persons set out in the tables below, each being a Person Discharging Managerial Responsibility (a "PDMR"), were granted awards taking the form of nil cost options or conditional share awards ("Awards") to acquire ordinary shares of 1^17/200 pence each ("Shares") on the dates and at the prices set out below under the Company's Restricted Share Plan (the "RSP").

The number of Shares subject to the Awards has been determined by reference to the closing price of the Company's Shares on the day before the Awards were granted, being £2.2255 per Share.

The RSP Award has been granted subject to the satisfaction of performance underpins measured over a three-year period from 1 October 2022 to 30 September 2025.  Following vesting, the Shares under the RSP Award held by the Group CEO and the Deputy CEO & CFO will be subject to a two-year holding period.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK version of the EU Market Abuse Regulation which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

 For further information, please contact:

 SSP Group plc

Helen Byrne, Company Secretary 

Tel:  [phone]

1	Details of the person discharging managerial responsibility
a)	Name	Patrick Coveney
2	Reason for the notification
a)	Position/status	Group 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)	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 1 17/200  pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	Grant of an Award to acquire Shares under the Company's Restricted Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Price(s) per share Volume(s) Aggregate Price £0 348,236 £0
f)	Aggregated Information -  Price -  Volume -  Total Price	Price(s) per share Volume(s) Total Aggregate Price £0 348,236 £0
g)	Date of transaction	7 December 2022
h)	Place of transaction	Outside of trading venue

1	Details of the person discharging managerial responsibility
a)	Name	Jonathan Davies
2	Reason for the notification
a)	Position/status	Deputy CEO and CFO
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 1 17/200  pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	Grant of an Award to acquire Shares under the Company's Restricted Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Price(s) per share Volume(s) Aggregate Price £0 231,408 £0
f)	Aggregated Information -  Price -  Volume -  Total Price	Price(s) per share Volume(s) Total Aggregate Price £0 231,408 £0
g)	Date of transaction	7 December 2022
h)	Place of transaction	Outside of trading venue

1	Details of the person discharging managerial responsibility
a)	Name	Mark Angela
2	Reason for the notification
a)	Position/status	Chief Business Development and Strategy Officer, CEO India and EEME
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 1 17/200  pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	Grant of an Award to acquire Shares under the Company's Restricted Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Price(s) per share Volume(s) Aggregate Price £0 118,596 £0
f)	Aggregated Information -  Price -  Volume -  Total Price	Price(s) per share Volume(s) Total Aggregate Price £0 118,596 £0
g)	Date of transaction	7 December 2022
h)	Place of transaction	Outside of trading venue

1	Details of the person discharging managerial responsibility
a)	Name	Jeremy Fennell
2	Reason for the notification
a)	Position/status	CEO - Continental Europe
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 1 17/200  pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	Grant of an Award to acquire Shares under the Company's Restricted Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Price(s) per share Volume(s) Aggregate Price £0 138,845 £0
f)	Aggregated Information -  Price -  Volume -  Total Price	Price(s) per share Volume(s) Total Aggregate Price £0 138,845 £0
g)	Date of transaction	7 December 2022
h)	Place of transaction	Outside of trading venue

1	Details of the person discharging managerial responsibility
a)	Name	Richard Lewis
2	Reason for the notification
a)	Position/status	CEO - SSP UK & Ireland
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 1 17/200  pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	Grant of an Award to acquire Shares under the Company's Restricted Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Price(s) per share Volume(s) Aggregate Price £0 112,811 £0
f)	Aggregated Information -  Price -  Volume -  Total Price	Price(s) per share Volume(s) Total Aggregate Price £0 112,811 £0
g)	Date of transaction	7 December 2022
h)	Place of transaction	Outside of trading venue

1	Details of the person discharging managerial responsibility
a)	Name	Jonathan Robinson
2	Reason for the notification
a)	Position/status	CEO -  SSP Asia Pacific
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 1 17/200  pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	Grant of an Award to acquire Shares under the Company's Restricted Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Price(s) per share Volume(s) Aggregate Price £0 58,413 £0
f)	Aggregated Information -  Price -  Volume -  Total Price	Price(s) per share Volume(s) Total Aggregate Price £0 58,413 £0
g)	Date of transaction	7 December 2022
h)	Place of transaction	Outside of trading venue

1	Details of the person discharging managerial responsibility
a)	Name	Michael Svagdis
2	Reason for the notification
a)	Position/status	CEO - SSP America
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 1 17/200  pence
b)	Identification Code	GB00BNGWY422
c)	Nature of the transaction	Grant of an Award to acquire Shares under the Company's Restricted Share Plan
d)	Currency	GBP - British Pound
e)	Price(s) and Volume(s)	Price(s) per share Volume(s) Aggregate Price £0 159,802 £0
f)	Aggregated Information -  Price -  Volume -  Total Price	Price(s) per share Volume(s) Total Aggregate Price £0 159,802 £0
g)	Date of transaction	7 December 2022
h)	Place of transaction	Outside of trading venue

 

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