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SSP Group plc

SSP Group PLC - Director/PDMR Shareholding

RNS Number : 4569I
SSP Group PLC
01 April 2020
 

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)

 

Price(s) per share

Volume(s)

1.    £2.50

2.    £2.50

3.    £2.50

4.    £2.50

5.    £2.50

6.    £2.50

7.    £2.50

8.    £2.50

1.    60,000

2.    48,000

3.    40,000

4.    20,000

5.    16,000

6.    16,000

7.    8,000

8.    6,000

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

 

Price(s) per share

Volume(s)

Total Aggregate Price

1.    £2.50

2.    £2.50

3.    £2.50

4.    £2.50

5.    £2.50

6.    £2.50

7.    £2.50

8.    £2.50

1.    60,000

2.    48,000

3.    40,000

4.    20,000

5.    16,000

6.    16,000

7.    8,000

8.    6,000

1.    £150,000

2.    £120,000

3.    £100,000

4.    £50,000

5.    £40,000

6.    £40,000

7.    £20,000

8.    £15,000

 

 

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


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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