SSE PLC
Director/PDMR Shareholding
Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)
The Company announces that, on 21 July 2020 it granted options over a total of 1,874,402 ordinary shares to employees under its all-employee savings-related share option scheme ("the Scheme") at an option price of £11.07 per ordinary share.
This included the grant of options to the Director/PDMR 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 21 July 2020.
1 |
Details of the person(s) discharging managerial responsibilities/person closely associated with |
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a) |
Name(s) |
Gregor Alexander (Director) Rob McDonald (PDMR) |
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2 |
Reason for the notification |
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a) |
Position/status |
As noted in 1a) above |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
SSE plc |
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b) |
LEI |
549300KI75VYLLMSK856 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 50 pence each fully paid. ISIN: GB0007908733 |
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b) |
Nature of transaction |
Grant of share options under the SSE plc all-employee savings-related share option scheme. |
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c) |
Price(s) and volume(s)
|
Share Options granted at an Option Price of GBP £11.07
|
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d) |
Aggregated information - Aggregated volume - Price |
As noted in 4c) above As noted in 4c) above |
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e) |
Date of transaction |
21 July 2020 |
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f) |
Place of transaction |
Outside a trading venue |