FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
2 October 2024
SSP Group plc
(the "Company")
Notification of transactions by a Person Discharging Managerial Responsibility ("PDMR")
The Company makes the following announcement regarding the release of a conditional share award made under the Company's Deferred Share Bonus Plan (an "Award") over ordinary shares of 117/200 pence nominal value in the capital of the Company (the "Shares").
The Award was granted in connection with the deferral of 100% of the PDMR's bonus for the financial year ended 30 September 2021. The Shares were subject to a three-year holding period from 1 October 2021 to 30 September 2024 and released on 1 October 2024.
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
Fiona Scattergood
Group General Counsel & Company Secretary
Tel: +44 (0) 207 543 3305
| 1 | Details of the person discharging managerial responsibility | |||||||||||||
| a) | Name | Jonathan Davies | ||||||||||||
| 2 | Reason for the notification | |||||||||||||
| a) | Position/status | Deputy Group 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 117/200 pence | ||||||||||||
| b) | Identification Code | GB00BGBN7C04 | ||||||||||||
| c) | Nature of the transaction | 1. The release of shares under the Company's Deferred Share Bonus Plan (DSBP); and 2. The automatic sale of shares acquired on the release of the award under the DSBP to settle income tax/national insurance liabilities and costs arising on such release. | ||||||||||||
| d) | Currency | GBP - British Pound | ||||||||||||
| e) | Price(s) and Volume(s) | 1. Release:
2. Sale to discharge tax liabilities:
| ||||||||||||
| f) | Aggregated Information - Price - Volume - Total Price | 1. Release:
2. Sale to discharge tax liabilities:
| ||||||||||||
| g) | Date of transaction | 1 October 2024 | ||||||||||||
| h) | Place of transaction | London Stock Exchange, Main Market (XLON) | ||||||||||||
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