Director/PDMR Shareholding

RNS Number : 9005E

Scottish & Southern Energy PLC

31 December 2009

 



TRANSACTIONS BY DIRECTORS AND PDMRS

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

UK SHARE INCENTIVE PLAN 

The Company was notified on 31 December 2009 by HBOS Employee Equity Solutions, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 31 December 2009 in the Company's ordinary shares:-

(a)     that 50,958 shares were purchased and allocated at £11.6268 per share using participating
          employees' gross salary ('Partnership Shares').

(b)      that the Company matched the Partnership Shares purchased by employees and allocated a
          further 43,446 shares at £11.6268 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 HBOS Employee Equity Solutions for the monthly purchase of Partnership 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
Colin Hood Director	11	6	56,775
Ian Marchant Director	11	6	210,254
Alistair Phillips-Davies Director	11	6	90,058
Gregor Alexander Director	11	6	81,392
Mark Mathieson PDMR	11	6	N/A
Adrian Pike PDMR	11	6	N/A
Paul Smith PDMR	11	6	N/A

 

END

 

 

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