FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
12 June 2024
SSP Group plc
(the "Company")
Notification of transactions by a Person Discharging Managerial Responsibility ("PDMR")
The Company announces that the person set out in the table below, being a Person Discharging Managerial Responsibility (a "PDMR"), has transacted in ordinary shares of 117/200 pence nominal value in the capital of the Company (the "Shares") in connection with awards granted under the Restricted Share Plan (the "RSP Awards").
The relevant notification set out below is 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
Fiona Scattergood, Group General Counsel & Company Secretary
Tel: +44 (0) 207 543 3404
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| 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 117/200 pence | ||||||||||||
| b) | Identification Code | GB00BGBN7C04 | ||||||||||||
| c) | Nature of the transaction | 1. Vesting of a Conditional Share Award granted under the Company's Restricted Share Plan in June 2021 (the "RSP Award"); and 2. Sale of Shares acquired on the vesting of the RSP Award to discharge tax liabilities arising on such vesting. | ||||||||||||
| d) | Currency | GBP - British Pound | ||||||||||||
| e) | Price(s) and Volume(s) | 1. Vest
2. Sale to discharge tax liabilities
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| f) | Aggregated Information - Price - Volume - Total Price | 1. Vest
2. Sale to discharge tax liabilities
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| g) | Date of transaction | Vesting: 10 June 2024 Sale: 12 June 2024 | ||||||||||||
| h) | Place of transaction | London Stock Exchange (XLON) | ||||||||||||
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