Director/PDMR Shareholding

RNS Number : 6367T
SSE PLC
08 December 2011
 



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 7 December 2011 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 6 December 2011 in the Company's ordinary shares:-

 

(a)        that 49,711 shares were purchased and allocated at £12.59 per share using participating employees' gross salary ('Partnership Shares').

 

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 47,674 shares at £12.59 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

Ian Marchant

Director

10

6

231,962

Alistair Phillips-Davies

Director

10

6

104,015

Gregor Alexander

Director

10

6

93,867

David Franklin

PDMR

4

6

N/A

Rob McDonald

PDMR

10

6

N/A

Jim McPhillimy

PDMR

10

6

N/A

Mark Mathieson

PDMR

10

6

N/A

Jim Smith

PDMR

10

6

N/A

Paul Smith

PDMR

10

6

N/A

Alan Young

PDMR

10

6

N/A

 

 


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