Last checked at 1 Apr 2020 15:17
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:
Name | Number of 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 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 | Subscription of Ordinary Shares | ||||||
d) | Currency | GBP - British Pound | ||||||
e) | Price(s) and Volume(s) |
| ||||||
f) | Aggregated Information - Price - Volume - Total Price |
| ||||||
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