8th Dec 2016 17:00
LEI: 213800QGNIWTXFMENJ24
FOR IMMEDIATE RELEASE
08 December 2016
SSP Group plc
(the "Company")
Notification of transactions of Persons Discharging Managerial Responsibilities
This notification is made in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
On 6 December 2016 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired ordinary shares of 1 pence each in the capital of the Company ("Shares") under the Partnership Shares element of the Company's UK Share Incentive Plan ("UK SIP") at a price of £3.603 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP. The acquisition and award of Shares took place on the London Stock Exchange.
The UK SIP is a share plan available to all of the Company's UK employees, subject to qualifying conditions. The UK SIP is administered by Computershare Trustees Limited, a UK incorporated company, who is the registered holder of the Shares.
The number of Shares purchased by and awarded to PDMRs under the terms of the Plan is as follows:
Name of PDMR
| Position | Number of Shares purchased: Partnership Shares | Aggregated Price of Partnership Shares | Number of Shares awarded: Matching Shares | Aggregated Price of Matching Shares | Total Aggregated Volume | Total Aggregated Price | Total Shares owned following notification (including Shares owned by their connected persons) |
Kate Swann | Chief Executive Officer | 35 | £126.11 | 17 | £0 | 52 | £126.11 | 4,603,487 |
Jonathan Davies | Chief Financial Officer | 35 | £126.11 | 17 | £0 | 52 | £126.11 | 1,309,851 |
Mark Angela | Chief Commercial Officer and CEO -Eastern Europe and Middle East | 35 | £126.11 | 17 | £0 | 52 | £126.11 | 982,810 |
Simon Smith | CEO - UK & Ireland | 35 | £126.11 | 17 | £0 | 52 | £126.11 | 818,268 |
For further information, please contact:
SSP Group plc
Helen Byrne, Company Secretary Tel: +44 (0) 207 543 3404
Related Shares:
SSP Group