Director/PDMR Shareholding
Updated : 17:05
FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
7 April 2020
SSP Group plc
(the "Company")
Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR")
The Company has been notified that on 6 April 2020 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 117/200 pence each 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 £2.795 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 |
Simon Smith | Chief Executive Officer | 45 | 22 |
Jonathan Davies | Chief Financial Officer | 45 | 22 |
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.
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.
1 | Details of the person discharging managerial responsibility | |||||||||||||
a) | Name | 1. Simon Smith 2. Jonathan Davies | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | 1. Chief Executive Officer 2. 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 | Purchase of Partnership Shares and allocation of Matching Shares under the UK SIP. | ||||||||||||
d) | Currency | GBP - British Pound | ||||||||||||
e) | Price(s) and Volume(s) | Partnership Shares
Matching Shares
| ||||||||||||
f) | Aggregated Information - Price - Volume - Total Price | Partnership Shares
Matching Shares
| ||||||||||||
g) | Date of transaction | 6 April 2020 | ||||||||||||
h) | Place of transaction | London Stock Exchange, Main Market (XLON) | ||||||||||||
For further information, please contact:
SSP Group plc
Helen Byrne, Company Secretary
Tel: +44 (0) 207 543 3404
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