Transaction in Own Shares

RNS Number : 8174M
SSE PLC
02 August 2017
 

SSE PLC

TRANSACTION IN OWN SHARES

SSE plc (the "Company") announces that on 1 August 2017 it purchased for cancellation a total of 2,098 Ordinary Shares of nominal value £0.50 each in the capital of the Company.  The purchases were carried out on behalf of the Company by Morgan Stanley & Co. International plc, who have been engaged to manage part of the Company's capital return programme.

Average Price Per Share

1,382.50 pence

Lowest Price Per Share

1,381.00 pence

Highest Price Per Share

1,384.00 pence

 

These share purchases form part of the Company's existing share buy-back programme, details of which were announced on 11 November 2016.  In respect of the share buy-back programme, which will operate until not later than 31 December 2017, any acquisitions will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase shares and Chapter 12 of the UK Listing Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a schedule of individual trades executed on behalf of the Company by Morgan Stanley & Co. International plc is set out below:

 

Price (pence)

Date

Time

Quantity

Exchange venue

1,381.0000

01/08/2017

11:46:23

465

GB0007908733

1,382.0000

01/08/2017

14:04:00

380

GB0007908733

1,382.0000

01/08/2017

14:04:00

237

GB0007908733

1,384.0000

01/08/2017

15:42:52

489

GB0007908733

1,383.0000

01/08/2017

16:00:12

524

GB0007908733

1,383.0000

01/08/2017

16:14:08

3

GB0007908733

 

A full list of all share repurchase transactions to date are available using the following link:

http://sse.com/investors/share-repurchase-programme/

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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