Director/PDMR Shareholding
SSE plc
Director/PDMR Shareholding
SSE plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities and their Closely Associated Persons
(i) Deferred Bonus Scheme (DBS) - Vesting of Awards Granted 1 June 2023
On 16 June 2026, the independent Trustee of the SSE Employee Trust notified the Company that it had on 15 June 2026 transferred the following beneficial interest of Ordinary shares of 50 pence each fully paid in the Company, pursuant to awards granted on 1 June 2023 under the DBS including additional shares representing the value of reinvested dividends over the three-year period to the Directors/PDMRs listed in the table that follows. Vesting of these shares was subject to continuous employment over the three-year period from date of grant (or as provided by the DBS Plan Rules).
1
Details of the person(s) discharging managerial responsibilities/person closely associated with
a)
Name(s)
Martin Pibworth (Director)
Barry O'Regan (Director)
Chris Burchell (PDMR)
Nikki Flanders (PDMR)
Finlay McCutcheon (PDMR)
Rob McDonald (PDMR)
Sam Peacock (PDMR)
John Stewart (PDMR)
Elizabeth Tanner (PDMR)
Stephen Wheeler (PDMR)
2
Reason for the notification
a)
Position/status
As noted in 1a) above
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
SSE plc
b)
LEI
549300KI75VYLLMSK856
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument Identification code
Ordinary shares of 50 pence each fully paid
ISIN: GB0007908733
b)
Nature of transaction
Vesting of Awards under the SSE plc Deferred Bonus Scheme
c)
Price(s) and volume(s)
Vesting of awards granted under the SSE plc Deferred Bonus Scheme on 15 June 2026 at a vesting price of GBP£23.6737
Executive Director/PDMR
Gross Award of Shares
Accrued Dividend Shares
Total Shares
No. Shares sold at £23.6737 to meet income tax and National Insurance liabilities
Net Number of Shares transferred to Participant
Martin Pibworth (Director)
13,316
1,685
15,001
7,527
7,474
Barry O'Regan (Director)
2,783
351
3,134
1,642
1,492
Chris Burchell
(PDMR)
4,913
622
5,535
2,611
2,924
Nikki Flanders
(PDMR)
2,705
342
3,047
1,438
1,609
Finlay McCutcheon
(PDMR)
2,944
372
3,316
1,664
1,652
Rob McDonald
(PDMR)
4,916
622
5,538
2,779
2,759
Sam Peacock
(PDMR)
2,494
316
2,810
1,326
1,484
John Stewart
(PDMR)
3,121
396
3,517
1,765
1,752
Elizabeth Tanner
(PDMR)
3,238
409
3,647
1,721
1,926
Stephen Wheeler
(PDMR)
4,846
613
5,459
2,860
2,599
d)
Aggregated information
- Aggregated volume
- Price
As noted in 4c) above
As noted in 4c) above
e)
Date of transaction
15 June 2026
f)
Place of transaction
Outside a trading venue
(ii) Performance Share Plan (PSP) - Vesting of Awards Granted 1 June 2023
On 16 June 2026 the independent Trustee of the SSE Employee Trust notified the Company that it had on 15 June 2026 transferred the beneficial interest of Ordinary shares of 50 pence each fully paid in the Company, pursuant to awards granted on 1 June 2023 under the PSP including additional shares representing the value of reinvested dividends over the three-year period to Martin Pibworth, Executive Director as per the table that follows. Vesting of these shares was subject to certain performance conditions being met at the end of the three-year performance period commencing 1 April 2023. In total 63% of the award vested for the participant. The vested shares (balance post-tax), known as "Award Shares" are subject to a further holding period and will be held under nominee in accordance with the PSP Rules.
1
Details of the person(s) discharging managerial responsibilities/person closely associated with
a)
Name(s)
Martin Pibworth (Executive Director)
2
Reason for the notification
a)
Position/status
As noted in 1a) above
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
SSE plc
b)
LEI
549300KI75VYLLMSK856
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument Identification code
Ordinary shares of 50 pence each fully paid
ISIN: GB0007908733
b)
Nature of transaction
Vesting of Awards under the SSE plc Performance Share Plan.
c)
Price(s) and volume(s)
Vesting of awards granted under the SSE plc Performance Share Plan on 1 June 2023 at a vesting price of GBP£23.6737
Executive Director/PDMR
Gross Award of Shares
Accrued Dividend Shares
Total Shares vested at 63%
No. Shares sold at £23.6737 to meet income tax and National Insurance liabilities
Award Shares transferred to Nominee
Martin Pibworth
(Executive Director)
83,334
10,554
59,147
29,678
29,469
d)
Aggregated information
- Aggregated volume
- Price
As noted in 4c) above
As noted in 4c) above
e)
Date of transaction
15 June 2026
f)
Place of transaction
Outside a trading venue
(iii) Leadership Share Plan (LSP) - Vesting of Awards Granted 1 June 2023
On 16 June 2026 the independent Trustee of the SSE Employee Trust notified the Company that it had on 15 June 2026 transferred the beneficial interest of Ordinary shares of 50 pence each fully paid in the Company, pursuant to awards granted on 1 June 2023 under the LSP including additional shares representing the value of reinvested dividends over the three-year period to the Director/PDMRs listed in the table that follows. Vesting of these shares was subject to certain performance conditions being met at the end of the three-year performance period commencing 1 April 2023. In total 79% of the award vested for participants.
1
Details of the person(s) discharging managerial responsibilities/person closely associated with
a)
Name(s)
Barry O'Regan (Director)
Chris Burchell (PDMR)
Nikki Flanders (PDMR)
Finlay McCutcheon (PDMR)
Rob McDonald (PDMR)
Sam Peacock (PDMR)
John Stewart (PDMR)
Elizabeth Tanner (PDMR)
Stephen Wheeler (PDMR)
2
Reason for the notification
a)
Position/status
As noted in 1a) above
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
SSE plc
b)
LEI
549300KI75VYLLMSK856
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument Identification code
Ordinary shares of 50 pence each fully paid
ISIN: GB0007908733
b)
Nature of transaction
Vesting of Awards under the SSE plc Leadership Share Plan.
c)
Price(s) and volume(s)
Vesting of awards granted under the SSE plc Leadership Share Plan on 1 June 2023 at a vesting price of GBP£23.6737
Executive Director/PDMR
Gross Award of Shares
Accrued Dividend Shares
Total Shares vested at 79%
No. Shares sold at £23.6737 to meet income tax and National Insurance liabilities
Net Number of Shares transferred to Participant
Barry O'Regan (Director)
18,676
2,364
16,618
8,706
7,912
Chris Burchell (PDMR)
27,387
3,469
24,373
11,496
12,877
Nikki Flanders (PDMR)
16,571
2,098
14,745
6,955
7,790
Finlay McCutcheon (PDMR)
16,891
2,138
15,028
7,541
7,487
Rob McDonald (PDMR)
24,856
3,147
22,119
11,099
11,020
Sam Peacock (PDMR)
13,455
1,704
11,973
5,648
6,325
John Stewart (PDMR)
16,953
2,146
15,084
7,569
7,515
Liz Tanner (PDMR)
18,837
2,385
16,761
7,906
8,855
Stephen Wheeler (PDMR)
28,150
3,565
25,051
13,123
11,928
d)
Aggregated information
- Aggregated volume
- Price
As noted in 4c) above
As noted in 4c) above
e)
Date of transaction
15 June 2026
f)
Place of transaction
Outside a trading venue
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