Director/PDMR Shareholding
Summary by AI BETAClose X
SSE plc
Director/PDMR Shareholding
SSE plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities and their Closely Associated Persons
(i) Deferred Bonus Scheme (DBS) - Vesting of Awards Granted 1 June 2023
On 16 June 2026, the independent Trustee of the SSE Employee Trust notified the Company that it had on 15 June 2026 transferred the following beneficial interest of Ordinary shares of 50 pence each fully paid in the Company, pursuant to awards granted on 1 June 2023 under the DBS including additional shares representing the value of reinvested dividends over the three-year period to the Directors/PDMRs listed in the table that follows. Vesting of these shares was subject to continuous employment over the three-year period from date of grant (or as provided by the DBS Plan Rules).
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1 |
Details of the person(s) discharging managerial responsibilities/person closely associated with |
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a) |
Name(s) |
Martin Pibworth (Director) Barry O'Regan (Director) Chris Burchell (PDMR) Nikki Flanders (PDMR) Finlay McCutcheon (PDMR) Rob McDonald (PDMR) Sam Peacock (PDMR) John Stewart (PDMR) Elizabeth Tanner (PDMR) Stephen Wheeler (PDMR) |
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2 |
Reason for the notification |
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a) |
Position/status |
As noted in 1a) above |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
SSE plc |
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b) |
LEI |
549300KI75VYLLMSK856 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 50 pence each fully paid ISIN: GB0007908733 |
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b) |
Nature of transaction |
Vesting of Awards under the SSE plc Deferred Bonus Scheme |
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c) |
Price(s) and volume(s)
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Vesting of awards granted under the SSE plc Deferred Bonus Scheme on 15 June 2026 at a vesting price of GBP£23.6737 |
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d) |
Aggregated information - Aggregated volume - Price |
As noted in 4c) above As noted in 4c) above |
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e) |
Date of transaction |
15 June 2026 |
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f) |
Place of transaction |
Outside a trading venue |
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(ii) Performance Share Plan (PSP) - Vesting of Awards Granted 1 June 2023
On 16 June 2026 the independent Trustee of the SSE Employee Trust notified the Company that it had on 15 June 2026 transferred the beneficial interest of Ordinary shares of 50 pence each fully paid in the Company, pursuant to awards granted on 1 June 2023 under the PSP including additional shares representing the value of reinvested dividends over the three-year period to Martin Pibworth, Executive Director as per the table that follows. Vesting of these shares was subject to certain performance conditions being met at the end of the three-year performance period commencing 1 April 2023. In total 63% of the award vested for the participant. The vested shares (balance post-tax), known as "Award Shares" are subject to a further holding period and will be held under nominee in accordance with the PSP Rules.
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1 |
Details of the person(s) discharging managerial responsibilities/person closely associated with |
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a) |
Name(s) |
Martin Pibworth (Executive Director) |
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2 |
Reason for the notification |
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a) |
Position/status |
As noted in 1a) above |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
SSE plc |
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b) |
LEI |
549300KI75VYLLMSK856 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||||||||||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 50 pence each fully paid ISIN: GB0007908733 |
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b) |
Nature of transaction |
Vesting of Awards under the SSE plc Performance Share Plan. |
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c) |
Price(s) and volume(s)
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Vesting of awards granted under the SSE plc Performance Share Plan on 1 June 2023 at a vesting price of GBP£23.6737
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d) |
Aggregated information - Aggregated volume - Price |
As noted in 4c) above As noted in 4c) above |
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e) |
Date of transaction |
15 June 2026 |
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f) |
Place of transaction |
Outside a trading venue |
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(iii) Leadership Share Plan (LSP) - Vesting of Awards Granted 1 June 2023
On 16 June 2026 the independent Trustee of the SSE Employee Trust notified the Company that it had on 15 June 2026 transferred the beneficial interest of Ordinary shares of 50 pence each fully paid in the Company, pursuant to awards granted on 1 June 2023 under the LSP including additional shares representing the value of reinvested dividends over the three-year period to the Director/PDMRs listed in the table that follows. Vesting of these shares was subject to certain performance conditions being met at the end of the three-year performance period commencing 1 April 2023. In total 79% of the award vested for participants.
|
1 |
Details of the person(s) discharging managerial responsibilities/person closely associated with |
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|
a) |
Name(s) |
Barry O'Regan (Director) Chris Burchell (PDMR) Nikki Flanders (PDMR) Finlay McCutcheon (PDMR) Rob McDonald (PDMR) Sam Peacock (PDMR) John Stewart (PDMR) Elizabeth Tanner (PDMR) Stephen Wheeler (PDMR) |
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2 |
Reason for the notification |
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|
a) |
Position/status |
As noted in 1a) above |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
SSE plc |
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b) |
LEI |
549300KI75VYLLMSK856 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 50 pence each fully paid ISIN: GB0007908733 |
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b) |
Nature of transaction |
Vesting of Awards under the SSE plc Leadership Share Plan. |
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c) |
Price(s) and volume(s)
|
Vesting of awards granted under the SSE plc Leadership Share Plan on 1 June 2023 at a vesting price of GBP£23.6737 |
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d) |
Aggregated information - Aggregated volume - Price |
As noted in 4c) above As noted in 4c) above |
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e) |
Date of transaction |
15 June 2026 |
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f) |
Place of transaction |
Outside a trading venue |
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