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Market Cap: £1.28b
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Director/PDMR Shareholding

27 Nov 2015 18:00

RNS Number : 2561H
SSP Group PLC
27 November 2015
 

 

27 November 2015

 

SSP Group plc

(the "Company")

 

Notification of transactions of Persons Discharging Managerial Responsibilities

 

This notification is made in accordance with the requirements of Rule 3.1.4R of the FCA's Disclosure Rules and Transparency Rules.

 

On 27 November 2015, awards taking the form of nil cost options or conditional share awards ("Awards") to acquire ordinary shares of 1 pence each ("Shares") in the Company were granted to certain persons discharging managerial responsibilities ("PDMRs") under the SSP Group plc Performance Share Plan ("PSP"), as set out in column 3 in the table below.

The number of Shares subject to the Awards has been determined by reference to the closing price of the Company's Shares on the day before the Awards were granted, being 310.4 pence per Share.

1. Name

2. Status

3. Number of Shares under Award

Kate Swann

Director/PDMR

492,912

Jonathan Davies

Director/PDMR

164,304

Mark Angela

PDMR

129,389

Simon Smith

PDMR

133,497

Nicholas Inkster

PDMR

127,336

Cornelius Everke

PDMR

99,425

Michael Svagdis

PDMR

135,789

 

The vesting of the Awards is subject to the satisfaction of performance conditions measured over the three-year period from 1 October 2015 to 30 September 2018. 75% of the total Awards is based on earnings per share (EPS) growth and 25% of the total Awards is based on relative Total Shareholder Return (TSR).

No consideration was paid for the grant of any of the Awards.

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 company news service from the London Stock Exchange
 
END
 
 
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