Scottish & Southern Energy PLC
02 March 2007
SHARE INCENTIVE PLAN
The Company was notified on 1 March 2007 by Computershare Investor Services plc,
the provider of the all employee Share Incentive Plan ('SIP'), of the following
purchases on 28 February 2007 in the Company's ordinary shares:-
(a) that 29,298 shares were purchased and allocated at £14.495
per share using participating employees' gross salary ('Partnership Shares').
(b) that the Company matched the Partnership Shares purchased by
employees and allocated a further 22,463 shares at £14.495 per share ('Matching
Shares'). The Company gives employees 1 Matching Share for each Partnership
Share bought by them up to a maximum of 5 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:
Directors Number of Number of Percentage of Total holding Total
Partnership Matching issued class following percentage of
Shares Shares notification shares in
issue
following
notification
Colin Hood 9 5 0.000002% 26,088 0.003%
Director
Ian Marchant 9 5 0.000002% 94,754 0.011%
Director
Alistair
Phillips-Davies 9 5 0.000002% 31,084 0.004%
Director
Gregor
Alexander 9 5 0.000002% 21,560 0.002%
Director
Vincent
Donnelly 9 5 N/A N/A N/A
PDMR
Michelle Hynd 8 5 N/A N/A N/A
PDMR
Paul Isgar 8 5 N/A N/A N/A
PDMR
Graham Juggins 9 5 N/A N/A N/A
PDMR
Anthony Keeling 9 5 N/A N/A N/A
PDMR
Ian Manson 9 5 N/A N/A N/A
PDMR
Mark Mathieson 8 5 N/A N/A N/A
PDMR
Robert McDonald 9 5 N/A N/A N/A
PDMR
James
McPhillimy 9 5 N/A N/A N/A
PDMR
Adrian Pike 9 5 N/A N/A N/A
PDMR
Brian Smith 2 2 N/A N/A N/A
PDMR
James Smith 8 5 N/A N/A N/A
PDMR
Paul Smith 9 5 N/A N/A N/A
PDMR
Alan Young 8 5 N/A N/A N/A
PDMR
The Company was also notified on 1 March 2007 by Computershare Investor Services
plc, that they had made an error when previously advising the interests of five
PDMRs of the Company in the Share Incentive Plan transactions announced on 1
February 2007.
The transactions were previously undeclared as follows:
Directors Number of Number of Percentage of Total holding Total
Partnership Matching issued class following percentage of
Shares Shares notification shares in
issue
following
notification
Michelle Hynd 1 - N/A N/A N/A
PDMR
Paul Isgar 1 - N/A N/A N/A
PDMR
Mark Mathieson 1 - N/A N/A N/A
PDMR
James Smith 1 - N/A N/A N/A
PDMR
Alan Young 1 - N/A N/A N/A
PDMR
SHARESAVE
On 2 March 2007, the company was notified by HBOS plc, the provider of the
all-employee savings-related share option scheme, that on 1st December 2006,
Colin Hood was allotted shares at a price of £5.66 per share following his
exercise of options.
Number of Percentage of Total holding Total
shares issued class following percentage of
allocated notification shares in issue
following
notification
Colin Hood 596 0.000069% 26,684 0.003%
Director
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.