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/

 

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