Transaction in Own Shares

RNS Number : 5078C

SSE PLC

13 April 2017

 

SSE PLC

TRANSACTION IN OWN SHARES

SSE plc (the "Company") announces that on 13 April 2017 it purchased for cancellation a total of 3,197 Ordinary Shares of nominal value £0.50 each in the capital of the Company.  The purchases were carried out on behalf of SSE plc by Credit Suisse Securities (Europe) Limited, who have been engaged by SSE plc to manage part of SSE plc's capital return programme.

Average Price Per Share	1,479.18 pence
Lowest Price Per Share	1,479.00 pence
Highest Price Per Share	1,480.00 pence

These share purchases form part of the Company's existing share buy-back programme, details of which were announced on 11 November 2016.  In respect of the share buy-back programme, which will operate until not later than 31 December 2017, any acquisitions will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase shares and Chapter 12 of the UK Listing Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a schedule of individual trades executed on behalf of the Company by Credit Suisse Securities (Europe) Limited is set out below:

Price (pence)	Date	Time	Quantity	Exchange venue
1,480	13/04/2017	08:14:37	215	LSE
1,479	13/04/2017	08:14:41	235	LSE
1,479	13/04/2017	08:14:41	500	LSE
1,479	13/04/2017	08:14:45	500	LSE
1,479	13/04/2017	08:14:45	3	LSE
1,479	13/04/2017	08:14:57	1	LSE
1,479	13/04/2017	08:14:57	500	LSE
1,479	13/04/2017	08:15:02	454	LSE
1,479	13/04/2017	08:15:02	426	LSE
1,480	13/04/2017	08:15:08	167	LSE
1,480	13/04/2017	08:15:08	196	LSE

A full list of all share repurchase transactions to date are available using the following link:

http://sse.com/investors/share-repurchase-programme/

 

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