Scottish & Southern Energy PLC
09 May 2003
Notification of Directors' Interests
On 8 May 2003 the Company was notified by Bedell Cristin Trustees Limited, the
Trustees of the Scottish and Southern Energy Deferred Bonus Plan ('the Plan') of
changes in directors' interests in the Company's ordinary shares ('the Shares').
The Trustees have advised that there was an error in their original
notification, resulting in the incorrect number of shares being disclosed as
sold on 28 February 2003 by the undernoted Directors to cover the tax liability
arising from the transaction on that date.
The corrected notification results in the following additional shares being
disclosed as sold.
Total holding as a
Additional shares sold Total holding following percentage of shares in
Executive director this notification issue
Ian Marchant 493 47,984 0.0056%
Alistair Phillips-Davies 195 8,123 0.0009%
Gregor Alexander 50 6,186 0.0007%
As a result of these transactions the number of shares held by the Trust is
298,068 representing 0.035% of the Company's issued share capital.
In addition, the executive directors are deemed for Companies Act purposes to be
interested in all the Shares held by the Trust.
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.