RNS Number : 9109P
SSP Group PLC
12 December 2024
 

FOR IMMEDIATE RELEASE                                                                        LEI: 213800QGNIWTXFMENJ24

 

12 December 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 117/200 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 117/200 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 Dec 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

110,952

 

2.     Sale to discharge tax liabilities

Price(s) per share

Volume(s)

£1.882

36,460

 

 

f)

Aggregated Information

-       Price

-       Volume

-       Total Price

1.     Vest

Price

Volume

Total

£0

110,952

£0

 

2.     Sale to discharge tax liabilities

Price

Volume

Total

£1.882

36,460

£68,628.694


g)

Date of transaction

Vesting: 9 December 2024

Sale: 10 December 2024

h)

Place of transaction

London Stock Exchange (XLON)

 

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