Director/PDMR Shareholding

RNS Number : 0562O

Scottish & Southern Energy PLC

27 February 2009

 



TRANSACTIONS BY DIRECTORS AND PDMRS

DISCLOSURE PURSUANT TO DISCLOSURE AND TRANSPARENCY RULE 3.1.4R(1)(a)

SHARE INCENTIVE PLAN 

The Company was notified on 27 February 2009 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 27 February 2009 in the Company's ordinary shares:-

(a)               that 49,457 shares were purchased and allocated at £11.44 per share using participating employees’ gross salary (‘Partnership Shares’).

 

(b)               that the Company matched the Partnership Shares purchased by employees and allocated a further 40,036 shares at £11.44 per share (‘Matching Shares’). The Company gives employees 2 Matching Shares for each Partnership Share bought by them up to a maximum of 6 Matching Shares per employee, each month.

The purchase, referred to above, was made pursuant to a regular standing order instruction with Computershare Investor Services plc for the monthly purchase of Partnership Shares. 

The interests of Executive directors/PDMRs of the Company in the transactions were as follows:

Director/PDMR	SIP Purchases		Total holding following notification
	Number of Partnership Shares	Number of Matching Shares
Colin Hood Director	11	6	28,260
Ian Marchant Director	11	6	142,156
Alistair Phillips-Davies Director	11	6	31,577
Gregor Alexander Director	11	6	46,080
Mark Mathieson PDMR	11	6	N/A
Adrian Pike PDMR	11	6	N/A
Paul Smith PDMR	11	6	N/A

 

END

 

 

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