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RNS Number : 6083L
SSE PLC
07 July 2014
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 4 July 2014 by Computershare Investor Services
plc, the provider of the all employee Share Incentive Plan ('SIP'), of the
following purchases on 4 July 2014 in the Company's ordinary shares:-
(a) that 47,809 shares were purchased and allocated at £15.85 per share
using participating employees' gross salary ('Partnership Shares').
(b) that the Company matched the Partnership Shares purchased by
employees and allocated a further 56,952 shares at £15.85 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
Gregor AlexanderDirector 8 6 135,398
Alistair Phillips-DaviesDirector 8 6 145,427
Jim McPhillimyPDMR 8 6 N/A
Mark MathiesonPDMR 7 6 N/A
Will MorrisPDMR 8 6 N/A
Martin PibworthPDMR 3 6 N/A
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.
This information is provided by RNS
The company news service from the London Stock Exchange