Director/PDMR Shareholding

RNS Number : 8849F

SSE PLC

17 July 2019

 

SSE PLC

Director/PDMR Shareholding

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

The Company announces that, on 12 July 2019, it granted options over a total of 5,373,057 ordinary shares to employees under its all-employee savings-related share option scheme ("the Scheme") at an option price of £9.01 per ordinary share. 

This included the grant of options to the Directors/PDMRs set out in the table below.  This disclosure is made in accordance with the requirements of the EU Market Abuse Regulation, and provides further details on the number of options granted under the Scheme on 12 July 2019.

1	Details of the person(s) discharging managerial responsibilities/person closely associated with
a)	Name(s)	Alistair Phillips-Davies (Director) Gregor Alexander (Director) Martin Pibworth (Director) Rob 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 50 pence each fully paid. ISIN: GB0007908733
b)	Nature of transaction	Grant of share options under the SSE plc all-employee savings-related share option scheme.
c)	Price(s) and volume(s)	Share Options granted at an Option Price of GBP £9.01 Director/PDMR Share Options Granted Alistair Phillips-Davies (Director) 1,997 Gregor Alexander (Director) 1,837 Martin Pibworth (Director) 2,662 Rob McDonald (PDMR) 1,664 Colin Nicol (PDMR) 998 Jim Smith (PDMR) 1,638

d)	Aggregated information -      Aggregated volume -      Price	As noted in 4c) above As noted in 4c) above
e)	Date of transaction	12 July 2019
f)	Place of transaction	Outside a trading venue

 

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