TIDMSSPG
RNS Number : 4657G
SSP Group PLC
01 March 2018
FOR IMMEDIATE RELEASE LEI: 213800QGNIWTXFMENJ24
1 March 2018
SSP Group plc
(the "Company")
Notification of transaction by a Person Discharging Managerial
Responsibility ("PDMR") 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 first PSP awards granted following the
IPO in 2014 over ordinary shares of 1p in the capital of the
Company (the "Shares") held by certain of its PDMRs under the PSP
(the "PSP Awards"). Full details of the PSP Awards are included in
SSP's 2017 Annual Report:
Name of Position Number of Number Total number
PDMR Shares acquired of Shares of Shares
on vesting/exercise sold on held following
of PSP Awards vesting/exercise sale*
of PSP
Awards
--------------- ----------------- --------------------- ------------------ ----------------
Chief Executive
Kate Swann Officer 742,617 742,617 4,604,035
--------------- ----------------- --------------------- ------------------ ----------------
Jonathan Chief Financial
Davies Officer 247,538 118,998 1,438,940
--------------- ----------------- --------------------- ------------------ ----------------
Simon CEO - UK
Smith & Ireland 201,125 96,686 923,243
--------------- ----------------- --------------------- ------------------ ----------------
Michael
Svagdis CEO - America 226,945 111,510 115,435
--------------- ----------------- --------------------- ------------------ ----------------
CEO - Nordics
Nick Inkster & Spain 191,842 92,223 362,821
--------------- ----------------- --------------------- ------------------ ----------------
Christopher CEO - Asia
Rayner Pacific 134,711 0 920,610
--------------- ----------------- --------------------- ------------------ ----------------
*not including unvested/unexercised awards under the PSP. This
does include issued Shares held in the Company's UK and
International Share Incentive Plans but not any Matching Awards
relating to unissued Shares in the case of the Company's
International Share Incentive Plan.
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 Kate Swann
--- ------------------------------- -----------------------------------------------------------------
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) Full name of SSP Group plc
the entity
--- ------------------------------- -----------------------------------------------------------------
b) Legal Entity 213800QGNIWTXFMENJ24
Identifier Code
--- ------------------------------- -----------------------------------------------------------------
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 Ordinary Shares of 1 pence
of the financial
instrument,
type of instrument
--- ------------------------------- -----------------------------------------------------------------
b) Identification GB00BNGWY422
Code
--- ------------------------------- -----------------------------------------------------------------
c) Nature of the 1. Exercise of an Award to
transaction acquire Shares under the Company's
Performance Share Plan; and
2. Sales of Shares acquired
on the exercise of an Award
under the Company's Performance
Share Plan
--- ------------------------------- -----------------------------------------------------------------
d) Currency GBP - British Pound
--- ------------------------------- -----------------------------------------------------------------
e) Price(s) and Exercise: Price(s) per share Volume(s) Aggregate Price
Volume(s) ------------------- ---------- ----------------
GBP0 742,617 GBP0
------------------- ---------- ----------------
Sale: Price(s) per share Volume(s) Aggregate Price
------------------- ---------- ----------------
GBP6.145971 742,617 GBP4,564,102.55
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
f) Aggregated Information Exercise: Price(s) per share Volume(s) Total Aggregate Price
* Price ------------------- ---------- ----------------------
GBP0 742,617 GBP0
------------------- ---------- ----------------------
* Volume
Sale: Price(s) per share Volume(s) Aggregate Price
- Total Price ------------------- ---------- ----------------
GBP6.145971 742,617 GBP4,564,102.55
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
g) Date of transaction 28 February 2018
--- ------------------------------- -----------------------------------------------------------------
h) Place of transaction London Stock Exchange, Main
Market (XLON)
--- ------------------------------- -----------------------------------------------------------------
1 Details of the person discharging managerial
responsibility
--- --------------------------------------------------------------------------------------------------
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) Full name of SSP Group plc
the entity
--- ------------------------------- -----------------------------------------------------------------
b) Legal Entity 213800QGNIWTXFMENJ24
Identifier Code
--- ------------------------------- -----------------------------------------------------------------
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 Ordinary Shares of 1 pence
of the financial
instrument,
type of instrument
--- ------------------------------- -----------------------------------------------------------------
b) Identification GB00BNGWY422
Code
--- ------------------------------- -----------------------------------------------------------------
c) Nature of the 1. Exercise of an Award to
transaction acquire Shares under the Company's
Performance Share Plan; and
2. Sales of Shares acquired
on the exercise of an Award
under the Company's Performance
Share Plan
--- ------------------------------- -----------------------------------------------------------------
d) Currency GBP - British Pound
--- ------------------------------- -----------------------------------------------------------------
e) Price(s) and Exercise: Price(s) per share Volume(s) Aggregate Price
Volume(s) ------------------- ---------- ----------------
GBP0 247,538 GBP0
------------------- ---------- ----------------
Sale: Price(s) per share Volume(s) Aggregate Price
------------------- ---------- ----------------
GBP6.002401 118,998 GBP714,273.71
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
f) Aggregated Information Exercise: Price(s) per share Volume(s) Total Aggregate Price
* Price ------------------- ---------- ----------------------
GBP0 247,538 GBP0
------------------- ---------- ----------------------
* Volume
Sale: Price(s) per share Volume(s) Aggregate Price
- Total Price ------------------- ---------- ----------------
GBP6.002401 118,998 GBP714,273.71
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
g) Date of transaction 1 March 2018
--- ------------------------------- -----------------------------------------------------------------
h) Place of transaction London Stock Exchange, Main
Market (XLON)
--- ------------------------------- -----------------------------------------------------------------
1 Details of the person discharging managerial
responsibility
--- --------------------------------------------------------------------------------------------------
a) Name Simon Smith
--- ------------------------------- -----------------------------------------------------------------
2 Reason for the notification
--- --------------------------------------------------------------------------------------------------
a) Position/status 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 SSP Group plc
the entity
--- ------------------------------- -----------------------------------------------------------------
b) Legal Entity 213800QGNIWTXFMENJ24
Identifier Code
--- ------------------------------- -----------------------------------------------------------------
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 Ordinary Shares of 1 pence
of the financial
instrument,
type of instrument
--- ------------------------------- -----------------------------------------------------------------
b) Identification GB00BNGWY422
Code
--- ------------------------------- -----------------------------------------------------------------
c) Nature of the 1. Exercise of an Award to
transaction acquire Shares under the Company's
Performance Share Plan; and
2. Sales of Shares acquired
on the exercise of an Award
under the Company's Performance
Share Plan
--- ------------------------------- -----------------------------------------------------------------
d) Currency GBP - British Pound
--- ------------------------------- -----------------------------------------------------------------
e) Price(s) and Exercise: Price(s) per share Volume(s) Aggregate Price
Volume(s) ------------------- ---------- ----------------
GBP0 201,125 GBP0
------------------- ---------- ----------------
Sale: Price(s) per share Volume(s) Aggregate Price
------------------- ---------- ----------------
GBP6.006501 96,686 GBP580,744.56
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
f) Aggregated Information Exercise: Price(s) per share Volume(s) Total Aggregate Price
* Price ------------------- ---------- ----------------------
GBP0 201,125 GBP0
------------------- ---------- ----------------------
* Volume
Sale: Price(s) per share Volume(s) Aggregate Price
- Total Price ------------------- ---------- ----------------
GBP6.006501 96,686 GBP580,744.56
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
g) Date of transaction 1 March 2018
--- ------------------------------- -----------------------------------------------------------------
h) Place of transaction London Stock Exchange, Main
Market (XLON)
--- ------------------------------- -----------------------------------------------------------------
1 Details of the person discharging managerial
responsibility
--- -------------------------------------------------------------------------------------------------
a) Name Michael Svagdis
--- ------------------------------- ----------------------------------------------------------------
2 Reason for the notification
--- -------------------------------------------------------------------------------------------------
a) Position/status CEO - 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 SSP Group plc
the entity
--- ------------------------------- ----------------------------------------------------------------
b) Legal Entity 213800QGNIWTXFMENJ24
Identifier Code
--- ------------------------------- ----------------------------------------------------------------
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 Ordinary Shares of 1 pence
of the financial
instrument,
type of instrument
--- ------------------------------- ----------------------------------------------------------------
b) Identification GB00BNGWY422
Code
--- ------------------------------- ----------------------------------------------------------------
c) Nature of the 1. Vesting of an Award to
transaction receive Shares under the Company's
Performance Share Plan; and
2. Sales of Shares received
on the vesting of an Award
under the Company's Performance
Share Plan
--- ------------------------------- ----------------------------------------------------------------
d) Currency GBP - British Pound
--- ------------------------------- ----------------------------------------------------------------
e) Price(s) and Vesting: Price(s) per share Volume(s) Aggregate Price
Volume(s) ------------------- ---------- ----------------
GBP0 226,945 GBP0
------------------- ---------- ----------------
Sale: Price(s) per share Volume(s) Aggregate Price
------------------- ---------- ----------------
GBP6.247515 111,510 GBP696,660.40
------------------- ---------- ----------------
--- ------------------------------- ----------------------------------------------------------------
f) Aggregated Information Vesting: Price(s) per share Volume(s) Total Aggregate Price
* Price ------------------- ---------- ----------------------
GBP0 226,945 GBP0
------------------- ---------- ----------------------
* Volume
Sale: Price(s) per share Volume(s) Aggregate Price
- Total Price ------------------- ---------- ----------------
GBP6.247515 111,510 GBP696,660.40
------------------- ---------- ----------------
--- ------------------------------- ----------------------------------------------------------------
g) Date of transaction 27 February 2018
--- ------------------------------- ----------------------------------------------------------------
h) Place of transaction London Stock Exchange, Main
Market (XLON)
--- ------------------------------- ----------------------------------------------------------------
1 Details of the person discharging managerial
responsibility
--- --------------------------------------------------------------------------------------------------
a) Name Nick Inkster
--- ------------------------------- -----------------------------------------------------------------
2 Reason for the notification
--- --------------------------------------------------------------------------------------------------
a) Position/status CEO - Nordics & Spain
--- ------------------------------- -----------------------------------------------------------------
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 SSP Group plc
the entity
--- ------------------------------- -----------------------------------------------------------------
b) Legal Entity 213800QGNIWTXFMENJ24
Identifier Code
--- ------------------------------- -----------------------------------------------------------------
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 Ordinary Shares of 1 pence
of the financial
instrument,
type of instrument
--- ------------------------------- -----------------------------------------------------------------
b) Identification GB00BNGWY422
Code
--- ------------------------------- -----------------------------------------------------------------
c) Nature of the 1. Exercise of an Award to
transaction acquire Shares under the Company's
Performance Share Plan; and
2. Sales of Shares acquired
on the exercise of an Award
under the Company's Performance
Share Plan
--- ------------------------------- -----------------------------------------------------------------
d) Currency GBP - British Pound
--- ------------------------------- -----------------------------------------------------------------
e) Price(s) and Exercise: Price(s) per share Volume(s) Aggregate Price
Volume(s) ------------------- ---------- ----------------
GBP0 191,842 GBP0
------------------- ---------- ----------------
Sale: Price(s) per share Volume(s) Aggregate Price
------------------- ---------- ----------------
GBP6.008401 92,223 GBP554,112.77
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
f) Aggregated Information Exercise: Price(s) per share Volume(s) Total Aggregate Price
* Price ------------------- ---------- ----------------------
GBP0 191,842 GBP0
------------------- ---------- ----------------------
* Volume
Sale: Price(s) per share Volume(s) Aggregate Price
- Total Price ------------------- ---------- ----------------
GBP6.008401 92,223 GBP554,112.77
------------------- ---------- ----------------
--- ------------------------------- -----------------------------------------------------------------
g) Date of transaction 1 March 2018
--- ------------------------------- -----------------------------------------------------------------
h) Place of transaction London Stock Exchange, Main
Market (XLON)
--- ------------------------------- -----------------------------------------------------------------
1 Details of the person discharging managerial
responsibility
--- -------------------------------------------------------------------------------------------------------------
a) Name Christopher Rayner
--- ------------------------------- ----------------------------------------------------------------------------
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 SSP Group plc
the entity
--- ------------------------------- ----------------------------------------------------------------------------
b) Legal Entity 213800QGNIWTXFMENJ24
Identifier Code
--- ------------------------------- ----------------------------------------------------------------------------
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 Ordinary Shares of 1 pence
of the financial
instrument,
type of instrument
--- ------------------------------- ----------------------------------------------------------------------------
b) Identification GB00BNGWY422
Code
--- ------------------------------- ----------------------------------------------------------------------------
c) Nature of the Exercise of an Award to acquire
transaction Shares under the Company's
Performance Share Plan.
--- ------------------------------- ----------------------------------------------------------------------------
d) Currency GBP - British Pound
--- ------------------------------- ----------------------------------------------------------------------------
e) Price(s) and Exercise: Price(s) per share Volume(s) Aggregate Price
Volume(s) ------------------- ---------- ----------------
GBP0 134,711 GBP0
------------------- ---------- ----------------
--- ------------------------------- ----------------------------------------------------------------------------
f) Aggregated Information Exercise: Price(s) per share Volume(s) Total Aggregate Price
* Price ------------------- ---------- ----------------------
GBP0 134,711 GBP0
------------------- ---------- ----------------------
* Volume
- Total Price
--- ------------------------------- ----------------------------------------------------------------------------
g) Date of transaction 27 February 2018
--- ------------------------------- ----------------------------------------------------------------------------
h) Place of transaction London Stock Exchange, Main
Market (XLON)
--- ------------------------------- ----------------------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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