Director/PDMR Shareholding

RNS Number : 2904J
Scottish & Southern Energy PLC
01 December 2008
 

TRANSACTIONS BY DIRECTORS AND PDMRS


DISCLOSURE PURSUANT TO DISCLOSURE AND TRANSPARENCY RULE 3.1.4R(1)(A)


SHARE INCENTIVE PLAN 


The Company was notified on 1 December 2008 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 28 November 2008 in the Company's ordinary shares:-

 

(a)    that 50,559 shares were purchased and allocated at £11.0175 per share using participating 
        employees' gross salary ('Partnership Shares').

 

(b)    that the Company matched the Partnership Shares purchased by employees and allocated a further 
        39,082 shares at £11.0175 per share ('Matching Shares'). The Company gives employees 2 
        Matching Shares for each Partnership Share bought by them up to a maximum of 6 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:


Director/PDMR

SIP Purchases

Total holding following notification


Number of Partnership Shares

Number of Matching Shares


Colin Hood

Director

11

6

28,210

Ian Marchant

Director

11

6

142,606

Alistair Phillips-Davies

Director

12

6

31,527

Gregor Alexander

Director

11

6

46,030

Mark Mathieson

PDMR

11

6

N/A

Paul Smith

PDMR

11

6

N/A




This information is provided by RNS
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