TIDMSSPG

RNS Number : 4569I

SSP Group PLC

01 April 2020

LEI:213800QGNIWTXFMENJ24

For immediate release

1 April 2020

SSP Group plc

(the "Company")

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

Further to the Company's announcement on 25 March 2020 of the successful completion of the placing of new ordinary shares (the "Placing") and the related subscription for new ordinary shares by certain directors and members of the senior management team of the Company (the "Subscription"), the Company announces that as part of the Subscription, 214,000 new ordinary shares were issued to Persons Discharging Managerial Responsibilities of the Company as follows:

 
                                 Number of 
 Name                      ordinary shares 
 Simon Smith                        60,000 
 Oliver Dörschuck              48,000 
 Mike Clasper                       40,000 
 Jonathan Davies                    20,000 
 Ian Dyson                          16,000 
 Mark Angela                        16,000 
 Per Utnegaard                       8,000 
 Jeremy Fennell                      6,000 
 

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. Simon Smith 
                                        2. Oliver Dörschuck 
                                        3. Mike Clasper 
                                        4. Jonathan Davies 
                                        5. Ian Dyson 
                                        6. Mark Angela 
                                        7. Per Utnegaard 
                                        8. Jeremy Fennell 
     -------------------------------  -------------------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------- 
 a)   Position/status                  1. Group Chief Executive Officer 
                                        2. Chief Executive Officer - Continental 
                                        Europe 
                                        3. Chairman of the Board of Directors 
                                        - SSP Group plc 
                                        4. Group Chief Financial Officer 
                                        5. Non-Executive Director - SSP Group 
                                        plc 
                                        6. Chief Executive Officer - Asia Pacific 
                                        7. Non-Executive Director - SSP Group 
                                        plc 
                                        8. Chief Executive Officer - Nordics 
     -------------------------------  -------------------------------------------------------------------- 
 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        Subscription of Ordinary Shares 
     -------------------------------  -------------------------------------------------------------------- 
 d)   Currency                         GBP - British Pound 
     -------------------------------  -------------------------------------------------------------------- 
 e)   Price(s) and Volume(s)             Price(s) per share   Volume(s) 
                                               1. GBP2.50           1. 60,000 
                                                2. GBP2.50           2. 48,000 
                                                3. GBP2.50           3. 40,000 
                                                4. GBP2.50           4. 20,000 
                                                5. GBP2.50           5. 16,000 
                                                6. GBP2.50           6. 16,000 
                                                7. GBP2.50           7. 8,000 
                                                8. GBP2.50           8. 6,000 
                                                              ---------------- 
     -------------------------------  -------------------------------------------------------------------- 
 f)   Aggregated Information             Price(s) per share   Volume(s)         Total Aggregate Price 
        *    Price                             1. GBP2.50           1. 60,000               1. GBP150,000 
                                                2. GBP2.50           2. 48,000               2. GBP120,000 
                                                3. GBP2.50           3. 40,000               3. GBP100,000 
        *    Volume                             4. GBP2.50           4. 20,000               4. GBP50,000 
                                                5. GBP2.50           5. 16,000               5. GBP40,000 
                                                6. GBP2.50           6. 16,000               6. GBP40,000 
        *    Total Price                        7. GBP2.50           7. 8,000                7. GBP20,000 
                                                8. GBP2.50           8. 6,000                8. GBP15,000 
                                                              ----------------  -------------------------- 
     -------------------------------  -------------------------------------------------------------------- 
 g)   Date of transaction              27 March 2020 
     -------------------------------  -------------------------------------------------------------------- 
 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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