Last checked at 15 Apr 2021 16:00
FOR IMMEDIATE RELEASE 213800QGNIWTXFMENJ24
15 April 2021
SSP Group plc
(the "Company")
Notification of transaction by Persons Discharging Managerial Responsibility ("PDMR") and/or their connected person
The Company was notified that the following transactions were made by persons discharging managerial responsibilities ("PDMRs") and/or persons closely associated with PDMRs ("PCAs") in connection with the 12 for 25 rights issue of new ordinary shares in the Company, announced on 17 March 2021.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
(a) | Name | Simon Smith | ||||
2. | Reason for the notification | |||||
(a) | Position/status | Chief Executive Officer | ||||
(b) | Initial notification/ Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | SSP Group plc | ||||
(b) | LEI | 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 | Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc
| ||||
(b) | Identification code | GB00BNKBD935 | ||||
(c) | Nature of the transaction | Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021. | ||||
(d) | Price(s) and volume(s) |
Nil Paid Rights sold
| ||||
(e) | Aggregated information - Price - Volume - Total |
Sale of 14 Nil Paid Rights at £1.461 pence per right for a total of £20.45 in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021 | ||||
(f) | Date of the transaction | 12 April 2021 | ||||
(g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
(a) | Name | Danielle Smith | ||||
2. | Reason for the notification | |||||
(a) | Position/status | PCA of Chief Executive Officer | ||||
(b) | Initial notification/ Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | SSP Group plc | ||||
(b) | LEI | 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 | Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc
| ||||
(b) | Identification code | GB00BNKBD935 | ||||
(c) | Nature of the transaction | Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021. | ||||
(d) | Price(s) and volume(s) |
Nil Paid Rights sold
| ||||
(e) | Aggregated information - Price - Volume - Total |
Sale of 90,828 Nil Paid Rights at £1.461 pence per right for a total of £132,699.71 in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021 | ||||
(f) | Date of the transaction | 12 April 2021 | ||||
(g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
(a) | Name | Jonathan Davies | ||||
2. | Reason for the notification | |||||
(a) | Position/status | Chief Financial Officer | ||||
(b) | Initial notification/ Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | SSP Group plc | ||||
(b) | LEI | 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 | Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc
| ||||
(b) | Identification code | GB00BNKBD935 | ||||
(c) | Nature of the transaction | Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021. | ||||
(d) | Price(s) and volume(s) |
Nil Paid Rights sold
| ||||
(e) | Aggregated information - Price - Volume - Total |
Sale of 75,301 Nil Paid Rights at £1.461 pence per right for a total of £110,014.76, in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021 | ||||
(f) | Date of the transaction | 12 April 2021 | ||||
(g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
(a) | Name | Gail Davies | ||||
2. | Reason for the notification | |||||
(a) | Position/status | PCA of Chief Financial Officer | ||||
(b) | Initial notification/ Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | SSP Group plc | ||||
(b) | LEI | 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 | Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc
| ||||
(b) | Identification code | GB00BNKBD935 | ||||
(c) | Nature of the transaction | Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021. | ||||
(d) | Price(s) and volume(s) |
Nil Paid Rights sold
| ||||
(e) | Aggregated information - Price - Volume - Total |
Sale of 136,413 Nil Paid Rights at £1.461 pence per right for a total of £199,299.39 in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021 | ||||
(f) | Date of the transaction | 12 April 2021 | ||||
(g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
(a) | Name | Victoria Angela | ||||
2. | Reason for the notification | |||||
(a) | Position/status | PCA of Chief Executive Officer - Asia Pacific | ||||
(b) | Initial notification/ Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | SSP Group plc | ||||
(b) | LEI | 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 | Nil Paid Rights relating to ordinary shares of 117/200 pence each in SSP Group plc
| ||||
(b) | Identification code | GB00BNKBD935 | ||||
(c) | Nature of the transaction | Sale of Nil Paid Rights in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021. | ||||
(d) | Price(s) and volume(s) |
Nil Paid Rights sold
| ||||
(e) | Aggregated information - Price - Volume - Total |
Sale of 35,553 Nil Paid Rights at £1.461 pence per right for a total of £51,942.93 in order to meet the costs of taking up entitlements to new ordinary shares being offered in the rights issue announced on 17 March 2021 | ||||
(f) | Date of the transaction | 12 April 2021 | ||||
(g) | Place of the 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