Director/PDMR Shareholding

RNS Number : 6868O

Scottish & Southern Energy PLC

01 July 2010

 



 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 30 June 2010 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 30 June 2010 in the Company's ordinary shares:-

(a)        that 54,619 shares were purchased and allocated at £11.2127 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 46,260 shares at £11.2127 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	134,600
Ian Marchant Director	11	6	225,447
Alistair Phillips-Davies Director	11	6	98,560
Gregor Alexander Director	11	6	89,860
Mark Mathieson PDMR	11	6	N/A
Adrian Pike PDMR	11	6	N/A
Paul Smith PDMR	11	6	N/A

IRISH SHARE INCENTIVE PLAN

The Company was notified on 1 July 2010 by Computershare Investor Services plc, the administrator of this Plan, of the following purchases on 30 June 2010 in the Company's ordinary shares.

(a)        that 2,645 shares were purchased and allocated at £11.2079 per share using participating employees' net salary ('Partnership and Excess Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 1,711 shares at £11.2079 per share ('Matching Shares').  The Company gives employees 1 Matching Share 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 quarterly purchase of Partnership Shares.

The Company is obliged to disclose the following transaction by Paul Dowling, PDMR:

PDMR	SIP Purchases
	Number of Partnership / Excess Shares	Number of Matching Shares
Paul Dowling	33	18

 

SCOTTISH AND SOUTHERN ENERGY PLC SHARESAVE SCHEME

The Company also announces that, on 30 June 2010, it granted options over a total of 3,862,383 ordinary shares to employees under its all-employee savings-related share option scheme at an option price of £8.71 per ordinary share. 

The interests of Executive Directors/PDMRs of the Company in this transaction are as follows:

Director/ PDMRs	Savings Contract Term	Number of Options Granted
Gregor Alexander Director	5-year	283
Ian Marchant Director	3-year	413
Mark Mathieson PDMR	5-year	354
Paul Smith PDMR	5-year	1,064

 

END

 

 

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