Director/PDMR Shareholding

RNS Number : 0631F

SSE PLC

09 November 2015

 

 

 

 

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 9 November 2015 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 6 November  2015 in the Company's ordinary shares:-

(a)        that 57,050 shares were purchased and allocated at £15.2635 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 32,417 shares at £15.2635 per share ('Matching Shares').  The Company gives employees 1 Matching Share for each Partnership Share bought by them up to a maximum of 3 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	10	3	139,496
Alistair Phillips-Davies Director	8	3	147,553
Jim McPhillimy PDMR	9	3	N/A
Will Morris PDMR	8	3	N/A
Colin Nicol PDMR	9	3	N/A
Martin Pibworth PDMR	3	3	N/A

The members of the Executive Committee comprise SSE's list of persons discharging managerial responsibilities under the Financial Services and Markets Act 2000.

UK SHARE INCENTIVE PLAN - AMENDMENT TO DISCLOSURE MADE ON 6 OCTOBER 2015

The Company wishes to confirm that the total holding disclosed for Alistair Phillips-Davies (Director),  on 6 October 2015 was incorrect due to an administrative error in the total holding column, showing a discrepancy of one share.  The total holding should have been disclosed as being 147,542 shares.

 

END

 

 

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