TIDMSSPG

RNS Number : 4225W

SSP Group PLC

10 December 2019

FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24

10 December 2019

SSP Group plc

(the "Company")

Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs") in connection with the Vesting and Exercise of Awards under the Performance Share Plan ("PSP")

The Company today makes the following announcement regarding the vesting and exercise of the PSP awards granted in 2016 over ordinary shares of 1(17/200) pence nominal value (1 pence at the time of grant) in the capital of the Company (the "Shares") held by one of its PDMRs under the PSP (the "PSP Awards").

 
 Name of PDMR    Position      Number of              Number of 
                                Shares acquired        Shares sold 
                                on vesting/exercise    on vesting/exercise 
                                of 2016 PSP            of 2016 PSP 
                                Awards                 Awards 
                 CEO - Asia 
 Mark Angela      Pacific            118,088                118,088 
                ------------  ---------------------  --------------------- 
 

The notification of dealing forms for each PDMR can be found below.

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.

For further information, please contact:

SSP Group plc

Helen Byrne, Company Secretary

Tel: +44 (0) 207 543 3404

 
 1    Details of the person discharging managerial responsibility 
 a)   Name                             Mark Angela 
     -------------------------------  ----------------------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------------------------- 
 a)   Position/status                  CEO - Asia Pacific 
     -------------------------------  ----------------------------------------------------------- 
 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 the               Ordinary Shares of 1(17/200) pence 
       financial instrument, 
       type of instrument 
     -------------------------------  ----------------------------------------------------------- 
 b)   Identification Code              GB00BGBN7C04 
     -------------------------------  ----------------------------------------------------------- 
 c)   Nature of the transaction        1. Exercise of an Award to acquire 
                                        Shares under the Company's Performance 
                                        Share Plan (PSP); and 
                                        2. Sale of Shares acquired on the exercise 
                                        of an Award under the PSP. 
     -------------------------------  ----------------------------------------------------------- 
 d)   Currency                         GBP - British Pound 
     -------------------------------  ----------------------------------------------------------- 
 e)   Price(s) and Volume(s)           Exercise: Price(s) per share   Volume(s)   Aggregate Price 
                                         GBP0                 118,088     GBP0 
                                                             ----------  ---------------- 
 
                                        Sale: Price(s) per share   Volume(s)   Aggregate Price 
                                         GBP 6.59             118,088     GBP778,199.92 
                                                             ----------  ---------------- 
     -------------------------------  ----------------------------------------------------------- 
 f)   Aggregated Information           Exercise: Price(s) per share   Volume(s)   Aggregate Price 
        *    Price                       GBP0                 118,088     GBP0 
                                                             ----------  ---------------- 
 
        *    Volume                     Sale: Price(s) per share   Volume(s)   Aggregate Price 
                                         GBP 6.59             118,088     GBP 778,199.92 
                                                             ----------  ---------------- 
       - Total Price 
     -------------------------------  ----------------------------------------------------------- 
 g)   Date of transaction              Exercise and Sale - 05/12/2019 
     -------------------------------  ----------------------------------------------------------- 
 h)   Place of transaction             London Stock Exchange, Main Market 
                                        (XLON) 
     -------------------------------  ----------------------------------------------------------- 
 

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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