Director/PDMR Shareholding

RNS Number : 9194P

SSE PLC

07 October 2013

 



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 7 October 2013 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 4 October 2013 in the Company's ordinary shares:-

(a)        that 50,607 shares were purchased and allocated at £14.58 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 56,376 shares at £14.58 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
Gregor Alexander Director	9	6	123,915
Alistair Phillips-Davies Director	9	6	133,998
Rob McDonald PDMR	9	6	N/A
Jim McPhillimy PDMR	9	6	N/A
Mark Mathieson PDMR	8	6	N/A
Will Morris PDMR	8	6	N/A
Martin Pibworth PDMR	2	4	N/A
Brandon Rennet PDMR	8	6	N/A
Jim Smith PDMR	8	6	N/A
Paul Smith PDMR	9	6	N/A
Alan Young PDMR	9	6	N/A

 ISA REINVESTMENT

The Company was notified on 7 October 2013 of a re-investment by the manager of an ISA (formerly PEP) held by Gregor Alexander pursuant to a regular standing order instruction.  Gregor Alexander acquired 38 shares at a price of £14.50 per share on 7 October 2013.

Following this transaction, Gregor Alexander has a beneficial interest in 123,953 shares.

 

 

END

 

 

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