SSP Group Grants Deferred Share Awards to Executives

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SSP Group plc ( (GB:SSPG) ) has issued an update.

SSP Group plc announced the grant of awards under its Deferred Share Bonus Plan to key managerial personnel, reflecting the deferral of their bonuses for the financial year ended 30 September 2024. This move is part of the company’s strategy to align executive interests with long-term shareholder value, with the shares subject to a three-year holding period and scheduled for release in October 2027, thereby potentially impacting the company’s market positioning and stakeholder confidence.

More about SSP Group plc

SSP Group plc is a global leader in the food and beverage industry, primarily operating in travel locations such as airports and train stations. The company offers a variety of food and drink options, catering to travelers looking for convenience and quality.

YTD Price Performance: -23.22%

Average Trading Volume: 1,570,286

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.41B

Learn more about SSPG stock on TipRanks’ Stock Analysis page.

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