REG - SSP Group PLC - Director/PDMR Shareholding

SSPAnnouncement

13/06/2024 07:00

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RNS Number : 2221S  SSP Group PLC  12 June 2024

FOR IMMEDIATE RELEASE
                                                                                LEI:
213800QGNIWTXFMENJ24

 

12 June 2024

SSP Group plc

(the "Company")

 

Notification of transactions by a Person Discharging Managerial Responsibility
("PDMR")

 

The Company announces that the person set out in the table below, being a
Person Discharging Managerial Responsibility (a "PDMR"), has transacted in
ordinary shares of 1(17/200) pence nominal value in the capital of the Company
(the "Shares") in connection with awards granted under the Restricted Share
Plan (the "RSP Awards").

 

The relevant notification set out below is 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

 

     Details of the person discharging managerial responsibility
 a)  Name                                                         Michael Svagdis
 2   Reason for the notification
 a)  Position/status                                              CEO - SSP 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(17/200) pence
 b)  Identification Code                                          GB00BGBN7C04
 c)  Nature of the transaction                                    1.             Vesting of a Conditional Share Award granted under
                                                                  the Company's Restricted Share Plan in June 2021 (the "RSP Award"); and

                                                                  2.             Sale of Shares acquired on the vesting of the RSP
                                                                  Award to discharge tax liabilities arising on such vesting.
 d)  Currency                                                     GBP - British Pound
 e)  Price(s) and Volume(s)                                       1.      Vest

Price(s) per share  Volume(s)
                                                                  £0                  45,748

 

                                                                  2.     Sale to discharge tax liabilities

Price(s) per share  Volume(s)
                                                                  £1.567              16,098

 

 f)  Aggregated Information                                       1.     Vest

Price  Volume  Total
     -       Price                                                £0     45,748  £0

     -       Volume
 

     -       Total Price                                          2.     Sale to discharge tax liabilities

Price    Volume  Total
                                                                  £1.567   16,098  £25,225.566
 g)  Date of transaction                                          Vesting: 10 June 2024

                                                                  Sale: 12 June 2024
 h)  Place of transaction                                         London Stock Exchange (XLON)

 

2.     Sale to discharge tax liabilities

 Price(s) per share  Volume(s)
 £1.567              16,098

 

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

1.     Vest

 Price  Volume  Total
 £0     45,748  £0

 

2.     Sale to discharge tax liabilities

 Price    Volume  Total
 £1.567   16,098  £25,225.566

g)

Date of transaction

Vesting: 10 June 2024

Sale: 12 June 2024

h)

Place of transaction

London Stock Exchange (XLON)

 

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