Director/PDMR Shareholding

RNS Number : 3630G

Scottish & Southern Energy PLC

29 January 2010

 



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 28 January 2010 by HBOS Employee Equity Solutions, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 28 January 2010 in the Company's ordinary shares:-

(a)      that 51,143 shares were purchased and allocated at £11.7518 per share using participating 
          employees' gross salary ('Partnership Shares').

(b)      that the Company matched the Partnership Shares purchased by employees and allocated a 
           further 45,071 shares at £11.7518 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	10	6	56,791
Ian Marchant Director	10	6	210,270
Alistair Phillips-Davies Director	11	6	90,075
Gregor Alexander Director	10	6	81,408
Mark Mathieson PDMR	10	6	N/A
Adrian Pike PDMR	11	6	N/A
Paul Smith PDMR	10	6	N/A

 

END

 

 

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