Director/PDMR Shareholding

RNS Number : 8770Z

Scottish & Southern Energy PLC

29 September 2009

 



TRANSACTIONS BY DIRECTORS AND PDMRS

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

UK SHARE INCENTIVE PLAN 

The Company was notified on 28 September 2009 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 28 September 2009 in the Company's ordinary shares:-

(a)     that 49,734 shares were purchased and allocated at £11.62 per share using participating
         employees' gross salary ('Partnership Shares').

(b)     that the Company matched the Partnership Shares purchased by employees and allocated a further
         41,282 shares at £11.62 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.

UK SHARE INCENTIVE PLAN DIVIDEND REINVESTMENT

The Company was separately informed on 29 September 2009 that the cash dividends paid on 25 September 2009 were re-invested and used to purchase 191,696 Dividend Shares on 28 September 2009 at a price of £11.5762 per share. The purchase was made pursuant to a regular standing order instruction with Computershare Investor Services plc for the re-investment of cash dividends into Dividend 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	Number of Dividend Shares
Colin Hood Director	11	6	77	55,561
Ian Marchant Director	11	6	77	209,120
Alistair Phillips-Davies Director	11	6	75	90,007
Gregor Alexander Director	11	6	77	80,678
Mark Mathieson PDMR	11	6	77	N/A
Adrian Pike PDMR	10	6	49	N/A
Paul Smith PDMR	11	6	77	N/A

 

END

 

 

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