RNS Number : 9950Y
SSP Group PLC
08 January 2024
 
FOR IMMEDIATE RELEASE                                                                                                                                                                                                     LEI:213800QGNIWTXFMENJ24

 

 

8 January 2024

SSP Group plc

(the "Company")

 

Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs")

 

The Company has been notified that on 8 January 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 £2.222 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 Chief Executive Officer & Chief Financial Officer

56

28

Jeremy Fennell

CEO - Nordics & Continental Europe

67

33

 

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 person discharging managerial responsibility

a)

Name

1.     Jonathan Davies

2.     Jeremy Fennell

2

Reason for the notification

a)

Position/status

1.     Deputy Group Chief Executive Officer & Chief Financial Officer

2.     CEO - Nordics & 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 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

Price(s) per share

Volume(s)

1.     £2.222

2.     £2.222

1.      56

2.      67

 

Matching Shares

Price(s) per share

Volume(s)

1.     £0.00

2.     £0.00

1.      28

2.      33

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

Partnership Shares

Price(s) per share

Volume(s)

Total Aggregate Price

1.     £2.222

2.     £2.222

1.     56

2.     67

1.     £124.432

2.     £148.874

 

Matching Shares

Price(s) per share

Volume(s)

Total Aggregate Price

1.    £0.00

2.     £0.00

 

1.     28

2.     33

 

1.     £0.00

2.     £0.00

g)

Date of transaction

8 January 2024

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 

 For further information, please contact:

 SSP Group plc

Fiona Scattergood, Group General Counsel & Company Secretary                   

Tel:  +44 (0) 207 543 3404

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