5 Apr 2018 12:58
FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
5 April 2018
SSP Group plc
(the "Company")
Notification of transaction by Persons Discharging Managerial Responsibility
Any dividends declared on Matching Shares or Partnership Shares held under the Company's UK Share Incentive Plan or International Share Incentive Plan ("SIP Dividend Shares"), and dividends declared on shares held in a Computershare Share Plan Account ("SPA Dividend Shares") are reinvested to purchase ordinary shares of 1 pence each in the capital of the Company.
The Company has been notified that the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), purchased Dividend Shares on the dates and at the prices set out below.
Name | Position | SIP Dividend Shares | SPA Dividend Shares* |
Kate Swann | Chief Executive Officer | 19 | - |
Jonathan Davies | Chief Financial Officer | 18 | - |
Mark Angela | Chief Commercial Officer and CEO - Eastern Europe and Middle East | 18 | 808.383703 |
Simon Smith | CEO - UK & Ireland | 10 | - |
Christopher Rayner | CEO - Asia Pacific | 8 | 1,075.799341 |
Nicholas Inkster | CEO - Nordics and Spain | - | 795.554074 |
Michael Svagdis | CEO - North America | - | 921.863539 |
*Includes a fractional entitlement to shares in accordance with the terms of the Computershare Share Plan Account
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 5. Christopher Rayner 6. Nicholas Inkster 7. Michael Svagdis | ||||||||||||
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 5. CEO - Asia Pacific 6. CEO - Nordics and Spain 7. CEO - North America | ||||||||||||
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 SIP Dividend Shares under the UK Share Incentive Plan and International Share Incentive Plan. Purchase of SPA Dividend Shares under the Computershare Share Plan Account (including fractional entitlement as shown) | ||||||||||||
d) | Currency | GBP - British Pound | ||||||||||||
e) | Price(s) and Volume(s) | SIP Dividend Shares
SPA Dividend Shares
| ||||||||||||
f) | Aggregated Information - Price - Volume - Total Price |
| ||||||||||||
g) | Date of transaction | 29 March 2018 | ||||||||||||
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
SSP Group (SSPG)