Director/PDMR Shareholding

RNS Number : 4141C

Scottish & Southern Energy PLC

01 September 2008

 



SHARE INCENTIVE PLAN

The Company was notified on 29 August 2008 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 29 August 2008 in the Company's ordinary shares:-

(a)                that 37,195 shares were purchased and allocated at £14.61 per share using participating employees’ gross salary (‘Partnership Shares’).

 

(b)                that the Company matched the Partnership Shares purchased by employees and allocated a further 27,492 shares at £14.61 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 Partnership Shares	Number of Matching Shares	Percentage of issued class	Total holding following notification	Total percentage of shares in issue following notification
Colin Hood Director	9	5	0.000001%	28,047	0.003%
Ian Marchant Director	9	5	0.000001%	142,489	0.016%
Alistair Phillips-Davies Director	9	5	0.000001%	31,432	0.004%
Gregor Alexander Director	9	5	0.000001%	44,213	0.005%
Mark Mathieson PDMR	8	5	N/A	N/A	N/A
Adrian Pike PDMR	8	5	N/A	N/A	N/A
Paul Smith PDMR	9	5	N/A	N/A	N/A

  The company has reviewed its list of PDMRs in line with guidance and practice developing in the market place in relation to PDMR lists. Accordingly, as at today's date and in addition to the Directors, the following persons are SSE's PDMRs for notification purposes:

Adrian Pike

Mark Mathieson

Paul Smith

Paul Dowling

 

END

 

 

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