SSP Group PLC

Director's Dealing • May 9, 2024

National Storage Mechanism | Additional information

RNS Number : 8777N

SSP Group PLC

09 May 2024

FOR IMMEDIATE RELEASE                                                                                          LEI: 213800QGNIWTXFMENJ24

9 May 2024

SSP Group plc

(the "Company")

Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs")

The Company has been notified that on 7 May 2024 the persons set out in the table below, each being a PDMR, acquired ordinary shares of 117/200 pence 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 £2.002 per Share and were also awarded Shares at nil consideration under the Matching Share element of the UK SIP. 

Name	Position	Partnership Shares	Matching Shares
Jonathan Davies	Deputy Group CEO & CFO	63	31
Kari Daniels	CEO - UK & Ireland	75	37
Jeremy Fennell	CEO - Nordics & Continental Europe	75	38

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.

Any dividends declared on Matching Shares or Partnership Shares held under the UK SIP, or dividends declared on shares held in a Computershare Share Plan Account are reinvested to purchase ordinary shares (referred to as "SIP Dividend Shares" or "SPA Dividend Shares" as applicable). Following the declaration of a Final Dividend for the year ended 30 September 2023, details of the reinvestment (including fractional entitlements to shares in accordance with the terms of the Computershare Share Plan Account), of SIP Dividend Shares and/or SPA Dividend Shares purchased by PDMRs are set out in the second table below.

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.

1

Details of the persons discharging managerial responsibility

a)

Name

1.     Jonathan Davies

2.     Kari Daniels

3.     Jeremy Fennell

2

Reason for the notification

a)

Position/status

1.     Deputy Group CEO & CFO

2.     CEO - UK & Ireland

3.     CEO - Nordics & Continental Europe

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

Purchase of Partnership Shares and allocation of Matching Shares under the UK SIP.

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

Partnership Shares

Price(s) per share	Volume(s)
1.     £2.002 2.     £2.002 3.     £2.002	1.      63 2.      75 3.      75

Matching Shares

Price(s) per share	Volume(s)
1.     £0.00 2.     £0.00 3.     £0.00	1.      31 2.      37 3.      38

f)

Aggregated Information

-        Price

-        Volume

-        Total Price

Partnership Shares

Price(s) per share	Volume(s)	Total Aggregate Price
1.     £2.002 2.     £2.002 3.     £2.002	1.     63 2.     75 3.     75	1.     £126.126 2.     £150.150 3.     £150.150

Matching Shares

Price(s) per share	Volume(s)	Total Aggregate Price
1.    £0.00 2.     £0.00 3.     £0.00	1.     31 2.     37 3.     38	1.     £0.00 2.     £0.00 3.     £0.00

g)

Date of transaction

7 May 2024

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

1

Details of the persons discharging managerial responsibility

a)

Name

1.     Patrick Coveney

2.     Jonathan Davies

3.     Mark Angela

4.     Jeremy Fennell

5.     Jonathan Robinson

6.     Michael Svagdis

2

Reason for the notification

a)

Position/status

1.     Group CEO

2.     Deputy Group CEO & CFO

3.     Chief Business Development and Strategy Officer, CEO EEME

4.     CEO - Nordics & Continental Europe

5.     CEO - SSP Asia Pacific

6.     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 117/200 pence

b)

Identification Code

GB00BGBN7C04

c)

Nature of the transaction

1.     Purchase of SIP Dividend Shares under the UK Share Incentive Plan

2.     Purchase of SPA Dividend Shares under the Computershare Share Plan Account (including fractional entitlement as shown)

d)

Currency

GBP - British Pound

e)

Price(s) and Volume(s)

1.     SIP Dividend Shares

Price(s) per share	Volume(s)
1.     - 2.     £2.20355 3.     £2.20355 4.     £2.20355 5.     £2.20355 6.     -	1.     - 2.     83 3.     37 4.     26 5.     5 6.     -

2.     SPA Dividend Shares

Price(s) per share	Volume(s)
1.     £2.20355 2.     - 3.     £2.20355 4.     £2.20355 5.     £2.20355 6.     £2.20355	1.     186.55125 2.     - 3.     1,427.19938 4.     495.96106 5.     654.13875 6.     2,310.99470

f)

Aggregated Information

-        Price

-        Volume

-        Total Price

1.     SIP Dividend Shares

Price(s) per share	Volume(s)	Total Aggregate Price
1.     - 2.     £2.20355 3.     £2.20355 4.     £2.20355 5.     £2.20355 6.     -	1.     - 2.     83 3.     37 4.     26 5.     5 6.     -	1.     -   2.     £182.89 3.     £81.53 4.     £57.29 5.     £11.02 6.     -

2.     SPA Dividend Shares

Price(s) per share	Volume(s)	Total Aggregate Price
1.     £2.20355 2.     - 3.     £2.20355 4.     £2.20355 5.     £2.20355 6.     £2.20355	1.   186.55125 2.   -   3.   1,427.19938 4.   495.96106 5.   654.13875 6.   2,310.99470	1.     £411.08 2.     - 3.     £3,144.91 4.     £1,092.87 5.     £1,441.43 6.     £5,092.39

g)

Date of transaction

29 February 2024

h)

Place of transaction

London Stock Exchange, Main Market (XLON)

For further information, please contact:

SSP Group plc

Fiona Scattergood, Group General Counsel & Company Secretary                   

Tel:  +44 (0) 207 543 3404

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