Director/PDMR Shareholding

RNS Number : 7435T

Scottish & Southern Energy PLC

01 October 2010

 



 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 30 September 2010 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 29 September 2010 in the Company's ordinary shares:-

(a)        that 54,457 shares were purchased and allocated at £11.2500 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 46,806 shares at £11.2500 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	136,216
Ian Marchant Director	11	6	225,595
Alistair Phillips-Davies Director	12	6	98,707
Gregor Alexander Director	11	6	90,008
Mark Mathieson PDMR	11	6	N/A
Adrian Pike PDMR	11	6	N/A
Paul Smith PDMR	11	6	N/A

IRISH SHARE INCENTIVE PLAN

The Company was notified on 1 October 2010 by Computershare Investor Services plc, the administrator of this Plan, of the following purchases on 30 September 2010 in the Company's ordinary shares.

(a)        that 2,598 shares were purchased and allocated at £11.2499 per share using participating employees' net salary ('Partnership and Excess Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 1,755 shares at £11.2499 per share ('Matching Shares').  The Company gives employees 1 Matching Share 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 quarterly purchase of Partnership Shares.

The Company is obliged to disclose the following transaction by Paul Dowling, PDMR:

PDMR	SIP Purchases
	Number of Partnership / Excess Shares	Number of Matching Shares
Paul Dowling	32	18

SHARESAVE MATURITY

On 1 October 2010, Gregor Alexander (Director) and Mark Mathieson (PDMR) were allotted shares at a price of £8.86 per share following their exercise of options under the Company's all-employee savings-related share option scheme.

The interests of Gregor Alexander and Mark Mathieson following the transaction were as follows:

Director/PDMR	Number of Shares Allotted	Total holding following notification
Gregor Alexander Director	298	90,306
Mark Mathieson PDMR	373	N/A

 

 

END

 

 

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