Director/PDMR Shareholding

RNS Number : 9449K

SSE PLC

27 September 2016

 

SSE PLC

Director/PDMR Shareholding

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

The Company was notified on 26 September 2016 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan (the "Plan"), that the cash dividends paid on 23 September 2016 were reinvested and used to purchase Dividend Shares on 23 September 2016 on behalf of, and awarded to the following Directors/PDMRs.  The purchase was made pursuant to a regular standing order instruction with Computershare Investor Services plc for the reinvestment of cash dividends into Dividend Shares.

The table below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details on the number of shares acquired under the Plan on 23 September 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	Dividend shares purchased by the SIP Provider, Computershare Investor Services plc on behalf of, and awarded to participants under the HMRC approved all-employee Share Incentive Plan.

c)	Price(s) and volume(s)	Price: Dividend Shares purchased at a price of GBP£15.37211 Volumes: Director/PDMR Total Shares acquired Gregor Alexander (Director) 177 Alistair Phillips-Davies (Director) 173 Will Morris (PDMR) 26 Colin Nicol (PDMR) 55 Martin Pibworth (PDMR) 33
d)	Aggregated information -      Aggregated volume -      Price	As noted in 4c) above As noted in 4c) above
e)	Date of transaction	23 September 2016
f)	Place of transaction	London Stock Exchange Main Market XLON

 

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