TIDMSSPG

RNS Number : 3955Y

SSP Group PLC

08 May 2019

FOR IMMEDIATE RELEASE

LEI: 213800QGNIWTXFMENJ24

8 May 2019

SSP Group plc

(the "Company")

Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR")

The Company has been notified that on 7 May 2019 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 1(17/200) 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 GBP6.88 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP.

 
 Name               Position              Partnership   Matching Shares 
                                           Shares 
                    Chief Executive 
 Kate Swann          Officer                  19               9 
                   --------------------  ------------  ---------------- 
                    Chief Financial 
 Jonathan Davies     Officer                  19               9 
                   --------------------  ------------  ---------------- 
 Simon Smith        CEO - UK & Ireland        18               9 
                   --------------------  ------------  ---------------- 
 

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. Kate Swann 
                                              2. Jonathan Davies 
                                              3. Simon Smith 
     -------------------------------------  -------------------------------------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                        1. Chief Executive Officer 
                                              2. Chief Financial Officer 
                                              3. CEO - UK & Ireland 
     -------------------------------------  -------------------------------------------------------------------------------------- 
 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                       SSP Group plc 
       entity 
     -------------------------------------  -------------------------------------------------------------------------------------- 
 b)   Legal Entity Identifier                213800QGNIWTXFMENJ24 
       Code 
     -------------------------------------  -------------------------------------------------------------------------------------- 
 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                       Ordinary Shares of 1(17/200) pence 
       the financial instrument, 
       type of instrument 
     -----------------------------------  ---------------------------------------------------------------------------------------- 
 b)   Identification                       GB00BGBN7C04 
       Code 
     -----------------------------------  ---------------------------------------------------------------------------------------- 
 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. GBP6.88               1. 19 
                                                         2. GBP6.88               2. 19 
                                                         3. GBP6.88               3. 18 
                                                                     ------------------ 
 
 
                                            Matching Shares Price(s) per share   Volume(s) 
                                                  1. GBP0.00           1. 9 
                                                   2. GBP0.00           2. 9 
                                                   3. GBP0.00           3. 9 
                                                                 ----------- 
     -----------------------------------  ---------------------------------------------------------------------------------------- 
 f)   Aggregated Information               Partnership Shares Price(s) per share       Volume(s)           Total Aggregate Price 
        *    Price                                      1. GBP6.88               1. 19               1. GBP130.72 
                                                         2. GBP6.88               2. 19               2. GBP130.72 
                                                         3. GBP6.88               3. 18               3. GBP123.84 
        *    Volume                                                  ------------------  ------------------------- 
 
 
        *    Total Price                    Matching Shares Price(s) per share       Volume(s)          Total Aggregate Price 
                                                        1. GBP0.00               1. 9               1. GBP0.00 
                                                         2. GBP0.00               2. 9               2. GBP0.00 
                                                         3. GBP0.00               3. 9               3. GBP0.00 
                                                                     -----------------  ----------------------- 
     -----------------------------------  ---------------------------------------------------------------------------------------- 
 g)   Date of transaction                  7 May 2019 
     -----------------------------------  ---------------------------------------------------------------------------------------- 
 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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