Director/PDMR Shareholding

RNS Number : 1134L
Scottish American Investment Co PLC
05 January 2009
 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons



All relevant boxes should be completed in block capital letters.


1.

Name of the issuer


THE SCOTTISH AMERICAN INVESTMENT COMPANY P.L.C.


2.

THE NOTIFCATION RELATES TO A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2 R



3.

Name of person discharging managerial

responsibilities/director


LORD J O KERR OF KINLOCHARD




4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person


N/A


5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial

interest 1


IN RESPECT OF DIRECTOR NAMED IN 3.


6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares



ORDINARY 25P SHARES


7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them


NOT NOTIFIED


8.

State the nature of the transaction




PURCHASE - DIVIDEND REINVESTMENT


9.

Number of shares, debentures or financial

instruments relating to shares acquired


98 SHARES 


10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)


0.000074%


11.

Number of shares, debentures or financial

instruments relating to shares disposed



N/A


12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)


N/A


13.

Price per share or value of transaction


135.0p


14.

Date and place of transaction


2 JANUARY 2009


LONDON STOCK EXCHANGE


15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)


46,763 ORDINARY SHARES (0.04%)

16.

Date issuer informed of transaction




5 JANUARY 2009




If a person discharging managerial responsibilities has been granted options by the issuer

complete the following boxes


17.

Date of grant





18.

Period during which or date on which exercisable




19.

Total amount paid (if any) for grant of the option

20.

Description of shares or debentures involved (class and number)




21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise




22.

Total number of shares or debentures over which options held following notification






23.

Any additional information





24.

Name of contact and telephone number for queries


ERIN LONGMUIR0131 275 3199



Name of authorised official of issuer responsible for making notification


Date of notification _5 January 2009BAILLIE GIFFORD & CO ___________________




Notes:    This form is intended for use by an issuer to make a RIS notification required by DR 3.3.


(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.



This information is provided by RNS
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