Director/PDMR Shareholding

RNS Number : 5244N

SSE PLC

24 September 2019

 

SSE PLC

Director/PDMR Shareholding

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

(i)           All-Employee Share Incentive Plan - Dividend Reinvestment

The Company was notified on 24 September 2019 by Computershare Investor Services plc, the provider of the all-employee Share Incentive Plan (the "Plan"), that the cash dividends paid on 20 September 2019 were reinvested and used to purchase Dividend Shares on 20 September 2019 on behalf of, and awarded to, the following Directors/PDMRs.  The purchase was made in accordance with 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 20 September 2019.

1	Details of the person(s) discharging managerial responsibilities/person closely associated with
a)	Name(s)	Gregor Alexander (Director) Alistair Phillips-Davies (Director) Martin Pibworth (Director) Robert McDonald (PDMR) Colin Nicol (PDMR) Jim Smith (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£12.4346 Volumes: Director/PDMR Total Shares acquired Gregor Alexander (Director) 324 Alistair Phillips-Davies (Director) 314 Martin Pibworth (Director) 67 Robert McDonald (PDMR) 324 Colin Nicol (PDMR) 123 Jim Smith (PDMR) 321
d)	Aggregated information -      Aggregated volume -      Price	As noted in 4c) above As noted in 4c) above
e)	Date of transaction	20 September 2019
f)	Place of transaction	London Stock Exchange Main Market XLON

(ii)          All-Employee Share Plan Account - Dividend Reinvestment

The Company was notified on 24 September 2019 by Computershare Investor Services plc, the provider of the all-employee Share Plan Account (the "Nominee"), that the cash dividends paid on 20 September 2019 were reinvested and used to purchase Ordinary Shares on 20 September 2019 on behalf of, and awarded to, the following Directors/PDMRs.  The purchase was made in accordance with a regular standing order instruction with Computershare Investor Services plc for the reinvestment of cash dividends into Ordinary 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 on 20 September 2019.

1	Details of the person(s) discharging managerial responsibilities/person closely associated with
a)	Name(s)	Martin Pibworth (Director) Jim Smith (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	Ordinary shares purchased by the Nominee, Computershare Investor Services plc on behalf of the following beneficial shareholders.
c)	Price(s) and volume(s)	Price: Ordinary Shares purchased at a price of GBP£12.4346 Director/PDMR Total Shares acquired Martin Pibworth (Director) 85 Jim Smith (PDMR) 82
d)	Aggregated information -      Aggregated volume -      Price	As noted in 4c) above As noted in 4c) above
e)	Date of transaction	20 September 2019
f)	Place of transaction	London Stock Exchange Main Market XLON

 

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