Director/PDMR Shareholding

RNS Number : 8384I

SSE PLC

08 July 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 5 July 2013 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 5 July 2013 in the Company's ordinary shares:-

(a)        that 44,843 shares were purchased and allocated at £15.978 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 53,214 shares at £15.978 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	8	6	123,746
Alistair Phillips-Davies Director	8	6	133,830
Rob McDonald PDMR	8	6	N/A
Jim McPhillimy PDMR	8	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	8	6	N/A
Alan Young PDMR	8	6	N/A

 

SSE PLC SHARESAVE SCHEME

The Company also announces that, on 5 July 2013, it granted options over a total of 1,273,052 ordinary shares to employees under its all-employee savings-related share option scheme at an option price of £11.97 per ordinary share. 

The interests of the Directors/PDMRs of the Company in this transaction are as follows:

Directors/ PDMRs	Savings contract term	No of options granted
Mark Mathieson PDMR	5-year	250
Will Morris PDMR	3-year	375

 

END

 

 

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