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SSP Group plc ( (GB:SSPG) ) has provided an update.
SSP Group plc announced a transaction by a key managerial figure, Michael Svagdis, the CEO of SSP America, involving the vesting and sale of ordinary shares under the Restricted Share Plan. The transaction was conducted to manage tax liabilities, with shares sold at £1.882 per share, totaling £68,628.694. This maneuver emphasizes the company’s adherence to regulatory requirements and strategic financial management, potentially reinforcing stakeholder confidence in its governance practices.
More about SSP Group plc
SSP Group plc operates in the food and beverage industry, focusing primarily on catering services within travel locations such as airports and railway stations. The company provides a range of dining options to travelers, aiming to enhance their travel experience with quality food and beverages.
YTD Price Performance: -16.93%
Average Trading Volume: 1,551,648
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.53B
Learn more about SSPG stock on TipRanks’ Stock Analysis page.
