SSPG.L

SSP Group Plc
SSP Group PLC - Director/PDMR Shareholding
2nd October 2024, 17:23
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RNS Number : 7287G
SSP Group PLC
02 October 2024
 

FOR IMMEDIATE RELEASE                                                                                 LEI: 213800QGNIWTXFMENJ24

 

 

2 October 2024

SSP Group plc

(the "Company")

 

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

 

The Company makes the following announcement regarding the release of a conditional share award made under the Company's Deferred Share Bonus Plan (an "Award") over ordinary shares of 117/200 pence nominal value in the capital of the Company (the "Shares").

The Award was granted in connection with the deferral of 100% of the PDMR's bonus for the financial year ended 30 September 2021. The Shares were subject to a three-year holding period from 1 October 2021 to 30 September 2024 and released on 1 October 2024.

 

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 3305

 

 

 

1

Details of the person discharging managerial responsibility

a)

Name

Jonathan Davies

2

Reason for the notification

a)

Position/status

Deputy Group CEO and 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

1.   The release of shares under the Company's Deferred Share Bonus Plan (DSBP); and

2.   The automatic sale of shares acquired on the release of the award under the DSBP to settle income tax/national insurance liabilities and costs arising on such release.

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

1.     Release:

Price(s) per share

Volume(s)

£0

70,850

2.     Sale to discharge tax liabilities:

Price(s) per share

Volume(s)

£1.591

33,392

  

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

1.     Release:

Price(s) per share

Volume(s)

Aggregate Price

£0

70,850

£0

2.     Sale to discharge tax liabilities:

Price(s) per share

Volume(s)

Aggregate Price

£1.591

33,392

£53,126.67


g)

Date of transaction

1 October 2024

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

 

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