SSP Group PLC Director/PDMR Shareholding
31 January 2025 - 4:00AM
RNS Regulatory News
RNS Number : 3439V
SSP Group PLC
30 January 2025
FOR IMMEDIATE RELEASE
LEI:
213800QGNIWTXFMENJ24
30 January
2025
SSP Group
plc
(the
"Company")
Notification of transactions
by Persons Discharging Managerial Responsibility
("PDMR")
On 29 January 2025, the
persons set out in the tables below, each being a
Person Discharging Managerial Responsibility (a "PDMR"), were granted Performance Share Awards taking the form of nil cost
options or conditional share awards ("Awards") to acquire ordinary shares of
117/200 pence each ("Shares") under
the Company's Long Term Incentive Plan (the "Plan") on the dates and at the prices
set out below.
The Awards will vest subject to the
satisfaction of performance conditions measured over a three-year
period from 1 October 2024 to 30 September 2027. 50% of the
Award is subject to an earnings per share target, 25% of the Award
is subject to Return on Capital Employed target and 25% of the
Award is subject to a relative total shareholder return target.
Following exercise, the shares under the Awards issued to the Group
CEO and Deputy Group CEO & CFO will be subject to a
two-year holding period (calculated from the date of vest) during
which the PDMR will not be able to sell or otherwise transfer his
shares, other than in very limited circumstances.
The number of Shares subject to the
Awards has been determined by reference to the closing price of the
Company's Shares on the day before the Awards were granted, being
£1.788 per
Share.
The relevant notifications set out
below are provided in accordance with the requirements of Article
19 of the UK version of the EU Market Abuse Regulation which is
part of UK law by virtue of the European Union (Withdrawal) Act
2018.
For
further information, please contact:
SSP
Group plc
Fiona Scattergood, Group General
Counsel & Company
Secretary
Tel: +44 (0) 207 543
3404
|
1
|
Details of the person discharging managerial
responsibility
|
|
a)
|
Name
|
Patrick Coveney
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Group CEO
|
|
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
|
Grant of an Award to acquire Shares
under the Company's Long Term Incentive Plan
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
|
Price(s) per share
|
Volume(s)
|
Aggregate Price
|
|
£0
|
924,105
|
£0
|
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
Price
|
|
Price(s) per share
|
Volume(s)
|
Total Aggregate Price
|
|
£0
|
924,105
|
£0
|
|
|
g)
|
Date of transaction
|
29 January 2025
|
|
h)
|
Place of transaction
|
Outside of trading venue
|
|
1
|
Details of the person discharging managerial
responsibility
|
|
a)
|
Name
|
Jonathan Davies
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Deputy Group CEO &
CFO
|
|
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
|
Grant of an Award to acquire Shares
under the Company's Long Term Incentive Plan
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
|
Price(s) per share
|
Volume(s)
|
Aggregate Price
|
|
£0
|
614,093
|
£0
|
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
Price
|
|
Price(s) per share
|
Volume(s)
|
Total Aggregate Price
|
|
£0
|
614,093
|
£0
|
|
|
g)
|
Date of transaction
|
29 January 2025
|
|
h)
|
Place of transaction
|
Outside of trading venue
|
|
1
|
Details of the person discharging managerial
responsibility
|
|
a)
|
Name
|
Jeremy Fennell
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Group COO
|
|
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
|
Grant of an Award to acquire Shares
under the Company's Long Term Incentive Plan
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
|
Price(s) per share
|
Volume(s)
|
Aggregate Price
|
|
£0
|
368,456
|
£0
|
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
Price
|
|
Price(s) per share
|
Volume(s)
|
Total Aggregate Price
|
|
£0
|
368,456
|
£0
|
|
|
g)
|
Date of transaction
|
29 January 2025
|
|
h)
|
Place of transaction
|
Outside of trading venue
|
|
1
|
Details of the person discharging managerial
responsibility
|
|
a)
|
Name
|
Patrick Murray
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
CEO Americas
|
|
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
|
Grant of an Award to acquire Shares
under the Company's Long Term Incentive Plan
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
|
Price(s) per share
|
Volume(s)
|
Aggregate Price
|
|
£0
|
354,276
|
£0
|
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
Price
|
|
Price(s) per share
|
Volume(s)
|
Total Aggregate Price
|
|
£0
|
354,276
|
£0
|
|
|
g)
|
Date of transaction
|
29 January 2025
|
|
h)
|
Place of transaction
|
Outside of trading venue
|
|
1
|
Details of the person discharging managerial
responsibility
|
|
a)
|
Name
|
Kari Danies
|
|
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 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
|
Grant of an Award to acquire Shares
under the Company's Long Term Incentive Plan
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
|
Price(s) per share
|
Volume(s)
|
Aggregate Price
|
|
£0
|
398,573
|
£0
|
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
Price
|
|
Price(s) per share
|
Volume(s)
|
Total Aggregate Price
|
|
£0
|
398,573
|
£0
|
|
|
g)
|
Date of transaction
|
29 January 2025
|
|
h)
|
Place of transaction
|
Outside of trading venue
|
|
1
|
Details of the person discharging managerial
responsibility
|
|
a)
|
Name
|
Satya Menard
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
CEO Continental Europe
|
|
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
|
Grant of an Award to acquire Shares
under the Company's Long Term Incentive Plan
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
|
Price(s) per share
|
Volume(s)
|
Aggregate Price
|
|
£0
|
351,721
|
£0
|
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
Price
|
|
Price(s) per share
|
Volume(s)
|
Total Aggregate Price
|
|
£0
|
351,721
|
£0
|
|
|
g)
|
Date of transaction
|
29 January 2025
|
|
h)
|
Place of transaction
|
Outside of trading venue
|
|
1
|
Details of the person discharging managerial
responsibility
|
|
a)
|
Name
|
Jonathan Robinson
|
|
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
|
Grant of an Award to acquire Shares
under the Company's Long Term Incentive Plan
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
|
Price(s) per share
|
Volume(s)
|
Aggregate Price
|
|
£0
|
240,436
|
£0
|
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
Price
|
|
Price(s) per share
|
Volume(s)
|
Total Aggregate Price
|
|
£0
|
240,436
|
£0
|
|
|
g)
|
Date of transaction
|
29 January 2025
|
|
h)
|
Place of transaction
|
Outside of trading venue
|
|
1
|
Details of the person discharging managerial
responsibility
|
|
a)
|
Name
|
Mark Angela
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Business Development and
Strategy Officer, CEO EEME
|
|
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
|
Grant of an Award to acquire Shares
under the Company's Long Term Incentive Plan
|
|
d)
|
Currency
|
GBP - British Pound
|
|
e)
|
Price(s) and Volume(s)
|
|
Price(s) per share
|
Volume(s)
|
Aggregate Price
|
|
£0
|
314,737
|
£0
|
|
|
f)
|
Aggregated Information
- Price
- Volume
- Total
Price
|
|
Price(s) per share
|
Volume(s)
|
Total Aggregate Price
|
|
£0
|
314,737
|
£0
|
|
|
g)
|
Date of transaction
|
29 January 2025
|
|
h)
|
Place of transaction
|
Outside of trading venue
|
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