Director/PDMR Shareholding

RNS Number : 8214P

SSE PLC

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

(a)        that 47,211 shares were purchased and allocated at £13.0755 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 47,126 shares at £13.0755 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	9	6	144,519
Ian Marchant Director	9	6	231,828
Alistair Phillips-Davies Director	10	6	103,882
Gregor Alexander Director	9	6	93,699
David Franklin PDMR	4	6	N/A
Rob McDonald PDMR	9	6	N/A
Jim McPhillimy PDMR	9	6	N/A
Mark Mathieson PDMR	9	6	N/A
Jim Smith PDMR	9	6	N/A
Paul Smith PDMR	9	6	N/A
Alan Young PDMR	9	6	N/A

ISA REINVESTMENT

The Company was notified on 7 October 2011 of a re-investment by the manager of an ISA (formerly a PEP) held by Gregor Alexander pursuant to regular standing order instructions.  Gregor Alexander acquired 34 shares at a price of £13.08 per share on 6 October 2011.

The interests of Gregor Alexander after the transaction are as follows:

Director	Number of Shares Acquired	Total Holding following notification
Gregor Alexander	34	93,733

 

 

END

 

 

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