Last checked at 10 Jan 2017 14:00
FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
10 January 2017
SSP Group plc
(the "Company")
Notification of transaction by a Person Discharging Managerial Responsibility ("PDMR")
The Company has been notified that on 6 January 2017 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 1 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 £3.865 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP.
Name | Position | Partnership Shares | Matching Shares |
Kate Swann | Chief Executive Officer | 32 | 16 |
Jonathan Davies | Chief Financial Officer | 32 | 16 |
Mark Angela | Chief Commercial Officer and CEO -Eastern Europe and Middle East | 32 | 16 |
Simon Smith | CEO - UK & Ireland | 32 | 16 |
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. Mark Angela 4. Simon Smith | |||||||||||||
2 | Reason for the notification | ||||||||||||||
a) | Position/status | 1. Chief Executive Officer 2. Chief Financial Officer 3. Chief Commercial Officer and CEO - Eastern Europe and Middle East 4. 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 entity | SSP Group plc | |||||||||||||
b) | Legal Entity Identifier Code | 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 | Ordinary Shares of 1 pence | |||||||||||||
b) | Identification Code | GB00BNGWY422 | |||||||||||||
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
Matching Shares
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f) | Aggregated Information - Price - Volume - Total Price |
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g) | Date of transaction | 6 January 2017 | |||||||||||||
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