Director/PDMR Shareholding

RNS Number : 9785D

SSE PLC

12 July 2016

 

SSE PLC

Director/PDMR Shareholding

Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)

The Company was notified on 12 July 2016 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan (the "Plan"), that it purchased ordinary shares of 50 pence each in the capital of the Company on 11 July 2016 on behalf of, and awarded matching shares to, the following Directors/PDMRs.

The attached notifications, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail of the number of shares purchased and the number of matching shares awarded under the Plan on 11 July 2016.

1	Details of the person(s) discharging managerial responsibilities/person closely associated with
a)	Name(s)	Gregor Alexander (Director) Alistair Phillips-Davies (Director) Will Morris (PDMR) Colin Nicol (PDMR) Martin Pibworth (PDMR)
2	Reason for the notification
a)	Position/status	As noted in 1a) above
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SSE plc
b)	LEI	549300KI75VYLLMSK856
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 50pence each fully paid ISIN: GB0007908733
b)	Nature of transaction	Partnership shares purchased on behalf of, and matching shares awarded to participants under the HMRC approved all-employee Share Incentive Plan by the SIP Provider, Computershare Investor Services plc

c)	Price(s) and volume(s)	Partnership and Matching Shares purchased at a price of GBP£15.7731 Director/PDMR Partnership Shares acquired Matching Shares acquired Total Shares acquired Gregor Alexander (Director)  9 3  12  Alistair Phillips-Davies (Director)  8 3  11  Will Morris (PDMR) 8 3  11  Colin Nicol (PDMR)  9 3  12  Martin Pibworth (PDMR)  2 2  4
d)	Aggregated information -      Aggregated volume -      Price	As noted in 4c) above As noted in 4c) above
e)	Date of transaction	11 July 2016
f)	Place of transaction	London Stock Exchange Main Market XLON

With effect from 8 July 2016, the individuals set out in section 1.a) comprise SSE's Executive Directors and PDMRs, and together constitute the membership of the Executive Committee.

 

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