Director/PDMR Shareholding

RNS Number : 7071B

Scottish & Southern Energy PLC

30 October 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 30 October 2009 by HBOS Employee Equity Solutions, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 30 October 2009 in the Company's ordinary shares:-

(a)      that 53,607 shares were purchased and allocated at £10.78 per share using participating
          employees' gross salary ('Partnership Shares').

(b)      that the Company matched the Partnership Shares purchased by employees and allocated a
          further 41,540 shares at £10.78 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	12	6	56,741
Ian Marchant Director	12	6	210,220
Alistair Phillips-Davies Director	11	6	90,024
Gregor Alexander Director	12	6	81,358
Mark Mathieson PDMR	12	6	N/A
Adrian Pike PDMR	12	6	N/A
Paul Smith PDMR	12	6	N/A

 

END

 

 

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