SSP Group PLC

Director's Dealing • Dec 28, 2022

National Storage Mechanism | Additional information

RNS Number : 1261L

SSP Group PLC

28 December 2022

FOR IMMEDIATE RELEASE                                                                                 LEI: 213800QGNIWTXFMENJ24

28 December 2022

SSP Group plc

(the "Company")

Notification of transactions by Persons Discharging Managerial Responsibility

The Company has been notified that on 28 December 2022 the persons set out in the tables below, each being a Person Discharging Managerial Responsibility (a "PDMR"), were granted an award under the Company's Deferred Share Bonus Plan (the "DSBP") (each an "Award") to acquire ordinary shares of 117/200 pence each in the capital of the Company (the "Shares").

The number of Shares subject to the Awards has been determined by reference to the closing price of the Company's Shares on the dealing day before the Awards were granted, being £2.281 per Share.

The Awards have been granted in connection with the deferral of part of each PDMR's bonus for the financial year ended 30 September 2022. The amount of deferral reflects the extent to which the executive director has met their shareholding guideline as at 30 September 2022. The Shares are subject to a three-year holding period from 1 October 2022 to 30 September 2025 and will be released on 30 September 2025.

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

Helen Byrne, 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

Chief Executive Officer

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

GB00BNGWY422

c)

Nature of the transaction

Grant of an Award to acquire Shares under the Company's Deferred Share Bonus Plan (representing a deferral of 50% of his bonus for the 2022 financial year)

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

Price(s) per share	Volume(s)	Aggregate Price
£0	140,875	£0

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

Price(s) per share	Volume(s)	Aggregate Price
£0	140,875	£0

g)

Date of transaction

28 December 2022

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 Chief Executive Officer and Chief Financial Officer

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

GB00BNGWY422

c)

Nature of the transaction

Grant of an Award to acquire Shares under the Company's Deferred Share Bonus Plan (representing a deferral of 33% of his bonus for the 2022 financial year)

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

Price(s) per share	Volume(s)	Aggregate Price
£0	104,164	£0

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

Price(s) per share	Volume(s)	Aggregate Price
£0	104,164	£0

g)

Date of transaction

28 December 2022

h)

Place of transaction

Outside of trading venue

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