Director/PDMR Shareholding

RNS Number : 2879J
Scottish & Southern Energy PLC
26 March 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 25 March 2010 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 25 March 2010 in the Company's ordinary shares:-

 

(a)        that 53,459 shares were purchased and allocated at £11.2735 per share using participating employees' gross salary ('Partnership Shares').

 

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 45,218 shares at £11.2735 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

56,825

Ian Marchant

Director

11

6

210,304

Alistair Phillips-Davies

Director

11

6

90,109

Gregor Alexander

Director

11

6

81,442

Mark Mathieson

PDMR

12

6

N/A

Adrian Pike

PDMR

11

6

N/A

Paul Smith

PDMR

11

6

N/A

 

 

IRISH SHARE INCENTIVE PLAN

 

The Company was notified on 25 March 2010 by Computershare Investor Services plc, the administrator of this Plan, of the following purchases on 25 March 2010 in the Company's ordinary shares.

 

(a)        that 2,240 shares were purchased and allocated at £11.2391 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 1,360 shares at £11.2391 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

Paul Dowling

35

18

 

 

 

DIVIDEND REINVESTMENT PLAN - 26 MARCH 2010

 

The Company was notified on 26 March 2010 by Capita Registrars, the Company's Registrars, that the undernoted Directors had arranged for the cash dividends paid on 26 March 2010 to be reinvested and used to purchase further shares at a price of £11.20 per share.

 

Director

Shares acquired

Total Holding following notification

Colin Hood

521

57,346

Susan Rice

89

4,904

Nicholas Baldwin

41

2,244

 


This information is provided by RNS
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