SSP Group PLC Director/PDMR Shareholding (6063Q)
November 30 2016 - 12:00PM
UK Regulatory
TIDMSSPG
RNS Number : 6063Q
SSP Group PLC
30 November 2016
LEI: 213800QGNIWTXFMENJ24
FOR IMMEDIATE RELEASE
30 November 2016
SSP Group plc
(the "Company")
Notification of transactions of Persons Discharging Managerial
Responsibilities
This notification is made in accordance with the requirements of
Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
On 30 November 2016, awards taking the form of nil cost options
or conditional share awards ("Awards") to acquire ordinary shares
of 1 pence each ("Shares") in the Company were granted to certain
persons discharging managerial responsibilities ("PDMRs") under the
SSP Group plc Performance Share Plan ("PSP"), as set out in the
table below. The acquisition and grant of awards over Shares took
place on the London Stock Exchange.
The number of Shares subject to the Awards has been determined
by reference to the closing price of the Company's Shares on the
day before the Awards were granted, being 371 pence per Share.
Name of PDMR Position Number of Shares under Award Aggregated Price of Shares under
Award
----------------- --------------------------------- ----------------------------- ---------------------------------
Kate Swann Chief Executive Officer 420,646 GBP0
----------------- --------------------------------- ----------------------------- ---------------------------------
Jonathan Davies Chief Financial Officer 140,215 GBP0
----------------- --------------------------------- ----------------------------- ---------------------------------
Mark Angela Chief Commercial Officer and CEO 112,870 GBP0
-Eastern Europe and Middle East
----------------- --------------------------------- ----------------------------- ---------------------------------
Simon Smith CEO - UK & Ireland 113,925 GBP0
----------------- --------------------------------- ----------------------------- ---------------------------------
Nicholas Inkster CEO - Western Europe 108,667 GBP0
----------------- --------------------------------- ----------------------------- ---------------------------------
Michael Svagdis CEO - North America 140,137 GBP0
----------------- --------------------------------- ----------------------------- ---------------------------------
Cornelius Everke CEO - DACH 102,621 GBP0
----------------- --------------------------------- ----------------------------- ---------------------------------
Chris Rayner CEO - Asia Pacific 95,383 GBP0
----------------- --------------------------------- ----------------------------- ---------------------------------
The vesting of the Awards is subject to the satisfaction of
performance conditions measured over the three-year period from 1
October 2016 to 30 September 2019. 75% of the total Awards is based
on earnings per share (EPS) growth and 25% of the total Awards is
based on relative Total Shareholder Return (TSR).
No consideration was paid for the grant of any of the
Awards.
For further information, please contact:
SSP Group plc
Helen Byrne, Company Secretary Tel: +44 (0) 207 543 3404
This information is provided by RNS
The company news service from the London Stock Exchange
END
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