FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
7 October 2024
SSP Group plc
(the "Company")
Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs")
The Company has been notified that on 7 October 2024 the persons set out in the table below, each being a PDMR, acquired ordinary shares of 117/200 pence in the capital of the Company ("Shares") under the Partnership Shares element of the Company's UK Share Incentive Plan ("UK SIP") at a price of £1.583 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP.
Name |
Position |
Partnership Shares |
Matching Shares |
Jonathan Davies |
Deputy Group CEO & CFO |
79 |
40 |
Kari Daniels |
CEO - UK & Ireland |
94 |
47 |
Jeremy Fennell |
CEO - Nordics & Continental Europe |
94 |
47 |
The UK SIP is a share plan available to all of the Company's UK employees, subject to qualifying conditions. The UK SIP is administered by Computershare Trustees Limited, a UK incorporated company, who is the registered holder of the Shares.
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.
1 |
Details of the persons discharging managerial responsibility |
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a) |
Name |
1. Jonathan Davies 2. Kari Daniels 3. Jeremy Fennell |
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2 |
Reason for the notification |
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a) |
Position/status |
1. Deputy Group CEO & CFO 2. CEO - UK & Ireland 3. CEO - Nordics & Continental Europe |
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b) |
Initial notification/amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Full name of the entity |
SSP Group plc |
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b) |
Legal Entity Identifier Code |
213800QGNIWTXFMENJ24 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary Shares of 117/200 pence |
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b) |
Identification Code |
GB00BGBN7C04 |
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c) |
Nature of the transaction |
Purchase of Partnership Shares and allocation of Matching Shares under the UK SIP. |
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d) |
Currency |
GBP - British Pound |
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e) |
Price(s) and Volume(s) |
Partnership Shares
Matching Shares
|
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f) |
Aggregated Information - Price - Volume - Total Price |
Partnership Shares
Matching Shares
|
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g) |
Date of transaction |
7 October 2024 |
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h) |
Place of transaction |
London Stock Exchange (XLON) |
For further information, please contact:
SSP Group plc
Fiona Scattergood, Group General Counsel & Company Secretary
Tel: +44 (0) 207 543 3404