Director/PDMR Shareholding

RNS Number : 8563E
Scottish & Southern Energy PLC
01 October 2008
 



TRANSACTIONS BY DIRECTORS AND PDMRS


(1)    SHARE INCENTIVE PLAN

The Company was notified on 30 September 2008 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 30 September 2008 in the Company's ordinary shares:-

(a)               that 38,772 shares were purchased and allocated at £14.04 per share using participating employees’ gross salary (‘Partnership Shares’).
 
(b)               that the Company matched the Partnership Shares purchased by employees and allocated a further 27,801 shares at £14.04 per share (‘Matching Shares’). The Company gives employees 1 Matching Share for each Partnership Share bought by them up to a maximum of 5 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.


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