Director/PDMR Shareholding

RNS Number : 8848U

Scottish & Southern Energy PLC

01 July 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 June 2009 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 30 June 2009 in the Company's ordinary shares:-

(a)  that 49,461 shares were purchased and allocated at £11.4787 per share using participating
      employees' gross salary ('Partnership Shares').

(b)  that the Company matched the Partnership Shares purchased by employees and allocated a further
      40,612 shares at £11.4787 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.

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	55,433
Ian Marchant Director	11	6	208,992
Alistair Phillips-Davies Director	11	6	89,881
Gregor Alexander Director	11	6	80,550
Mark Mathieson PDMR	11	6	N/A
Adrian Pike PDMR	10	6	N/A
Paul Smith PDMR	11	6	N/A

IRISH SHARE INCENTIVE PLAN

The Company was notified on 30 June 2009 by Computershare Investor Services plc, the provider of this Plan, of the following purchases on 30 June 2009 in the Company's ordinary shares.

(a)    that 2,122 shares were purchased and allocated at £11.38 per share using participating employees' net salary ('Partnership and Excess Shares').

(b)    that the Company matched the Partnership Shares purchased by employees and allocated a further 1,311 shares at £11.38 per share ('Matching Shares'). The Company gives employees 1 Matching Share 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 quarterly purchase of Partnership Shares.

The Company is obliged to disclose the following transaction by Paul Dowling, PDMR:

PDMR	SIP Purchases
	Number of Partnership / Excess Shares	Number of Matching Shares	Purchase Price £
Paul Dowling	33	18	£11.38

 

END

 

 

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