Director/PDMR Shareholding

RNS Number : 9000P

Scottish & Southern Energy PLC

01 April 2009

 



TRANSACTIONS BY DIRECTORS AND PDMRS

DISCLOSURE PURSUANT TO DISCLOSURE AND TRANSPARENCY RULE 3.1.4R(1)(a)

SHARE INCENTIVE PLAN 

The Company was notified on 31 March 2009 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 31 March 2009 in the Company's ordinary shares:-

(a)    that 52,614 shares were purchased and allocated at £10.9473 per share using participating 
        employees' gross salary ('Partnership Shares').

(b)    that the Company matched the Partnership Shares purchased by employees and allocated a further 
        40,498 shares at £10.9473 per share ('Matching Shares'). The Company gives employees 2 
        Matching Shares for each Partnership Share bought by them up to a maximum of 6 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.

SHARE INCENTIVE PLAN DIVIDEND REINVESTMENT

The Company was separately informed on 31 March 2009 that the cash dividends paid on 27 March 2009 were re-invested and used to purchase 81,139 Dividend Shares on 27 March 2009 at a price of £11.17 per share. The purchase was made pursuant to a regular standing order instruction with Computershare Investor Services plc for the re-investment of cash dividends into Dividend 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	Number of Dividend Shares
Colin Hood Director	11	6	31	28,308
Ian Marchant Director	11	6	31	142,204
Alistair Phillips-Davies Director	11	6	31	31,625
Gregor Alexander Director	11	6	31	46,128
Mark Mathieson PDMR	11	6	32	N/A
Adrian Pike PDMR	12	6	19	N/A
Paul Smith PDMR	11	6	31	N/A

 

END

 

 

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