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Director/PDMR Shareholding

10 Dec 2019 17:01

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 117/200 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 Shares acquired on vesting/exercise of 2016 PSP Awards

Number of Shares sold on vesting/exercise of 2016 PSP Awards

Mark Angela

CEO - Asia 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 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 117/200 pence

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

£0

118,088

£0

Sale:

Price(s) per share

Volume(s)

Aggregate Price

£ 6.59

118,088

£778,199.92

 

f)

Aggregated Information

- Price

- Volume

- Total Price

Exercise:

Price(s) per share

Volume(s)

Aggregate Price

£0

118,088

£0

Sale:

Price(s) per share

Volume(s)

Aggregate Price

£ 6.59

118,088

£ 778,199.92

 

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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