Director/PDMR Shareholding

RNS Number : 5056U

SSE PLC

07 April 2016

 

 

 

 

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 April 2016 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 6 April 2016 in the Company's ordinary shares:-

(a)        that 58,545 shares were purchased and allocated at £14.95 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 32,690 shares at £14.95 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	139,637
Alistair Phillips-Davies Director	8	3	147,686
Jim McPhillimy PDMR	8	3	N/A
Will Morris PDMR	9	3	N/A
Colin Nicol PDMR	10	3	N/A
Martin Pibworth PDMR	2	2	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.

 

END

 

 

DSHSSUFSWFMSEFL