Director/PDMR Shareholding

RNS Number : 5056U
SSE PLC
07 April 2016
 

 

 

 

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 April 2016 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 6 April 2016 in the Company's ordinary shares:-

 

(a)        that 58,545 shares were purchased and allocated at £14.95 per share using participating employees' gross salary ('Partnership Shares').

 

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 32,690 shares at £14.95 per share ('Matching Shares').  The Company gives employees 1 Matching Share for each Partnership Share bought by them up to a maximum of 3 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

Gregor Alexander

Director

10

3

139,637

Alistair Phillips-Davies

Director

8

3

147,686

Jim McPhillimy

PDMR

8

3

N/A

Will Morris

PDMR

9

3

N/A

Colin Nicol

PDMR

10

3

N/A

Martin Pibworth

PDMR

2

2

N/A

 

The members of the Executive Committee comprise SSE's list of persons discharging managerial responsibilities under the Financial Services and Markets Act 2000.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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