Director/PDMR Shareholding

RNS Number : 0573T

SSE PLC

07 December 2012

 



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 6 December 2012 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 6 December 2012 in the Company's ordinary shares:-

(a)        that 47,393 shares were purchased and allocated at £14.324 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 51,564 shares at £14.324 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
Ian Marchant Director	9	6	237,945
Alistair Phillips-Davies Director	9	6	107,842
Gregor Alexander Director	9	6	97,744
David Franklin PDMR	4	6	N/A
Rob McDonald PDMR	9	6	N/A
Jim McPhillimy PDMR	9	6	N/A
Mark Mathieson PDMR	9	6	N/A
Jim Smith PDMR	9	6	N/A
Paul Smith PDMR	9	6	N/A
Alan Young PDMR	9	6	N/A

SHARESAVE MATURITY

On 7 December 2012, Mark Mathieson (PDMR) was allotted 250 shares at a price of £13.06 per share following his exercise of options under the Company's all-employee savings-related share option scheme.

 

END

 

 

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