TIDMSSE

RNS Number : 5811B

SSE PLC

07 October 2015

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 6 October 2015 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 6 October 2015 in the Company's ordinary shares:-

(a) that 57,213 shares were purchased and allocated at GBP15.357per share using participating employees' gross salary ('Partnership Shares').

(b) that the Company matched the Partnership Shares purchased by employees and allocated a further 21,060 shares at GBP15.357 per share ('Matching Shares'). The Company gives employees 1 Matching Share for each Partnership Share bought by them up to a maximum of 3 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     Number of 
                              Partnership    Matching 
                                Shares        Shares 
--------------------------  -------------  ----------  -------------- 
 Gregor Alexander 
  Director                        10            3          139,158 
--------------------------  -------------  ----------  -------------- 
 Alistair Phillips-Davies 
  Director                        8             3          147,543 
--------------------------  -------------  ----------  -------------- 
 Jim McPhillimy 
  PDMR                            8             3            N/A 
--------------------------  -------------  ----------  -------------- 
 Will Morris 
  PDMR                            8             3            N/A 
--------------------------  -------------  ----------  -------------- 
 Colin Nicol 
  PDMR                            10            3            N/A 
--------------------------  -------------  ----------  -------------- 
 Martin Pibworth 
  PDMR                            2             2            N/A 
--------------------------  -------------  ----------  --------------

The members of the Executive Committee comprise SSE's list of persons discharging managerial responsibilities under the Financial Services and Markets Act 2000.

SHARESAVE MATURITY

The Company was notified on 6 October 2015 that Colin Nicol (PDMR) was allotted 1,773 shares at a price of GBP8.71 per share on 1 October 2015 following his exercise of options under the Company's all-employee savings-related share option scheme.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSFSWFLWFISELS

(END) Dow Jones Newswires

October 07, 2015 10:48 ET (14:48 GMT)

Sse (LSE:SSE)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Sse Charts.
Sse (LSE:SSE)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Sse Charts.