Director/PDMR Shareholding

RNS Number : 4109W

Scottish & Southern Energy PLC

28 July 2009

 



TRANSACTIONS BY DIRECTORS AND PDMRS

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

UK SHARE INCENTIVE PLAN 

The Company was notified on 27 July 2009 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 27 July 2009 in the Company's ordinary shares:-

(a)        that 51,056 shares were purchased and allocated at £11.2291 per share using participating

            employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a

            further 41,374 shares at £11.2291 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	55,450
Ian Marchant Director	11	6	209,009
Alistair Phillips-Davies Director	11	6	89,898
Gregor Alexander Director	11	6	80,567
Mark Mathieson PDMR	11	6	N/A
Adrian Pike PDMR	12	6	N/A
Paul Smith PDMR	11	6	N/A

Separately, the Company was notified on 28 July 2009 that one of its PDMR's, Paul Smith, sold 22,685 Ordinary 50p shares on 28 July 2009 at a price of £11.25 per share.

 

END

 

 

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