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REG - SSE Plc - Director/PDMR Shareholding <Origin Href="QuoteRef">SSE.L</Origin>

RNS Number : 6704T
SSE PLC
07 October 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 6 October 2014 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 6 October 2014 in the Company's ordinary shares:-

(a) that 53,207 shares were purchased and allocated at 15.125 per share using participating employees' gross salary ('Partnership Shares').

(b) that the Company matched the Partnership Shares purchased by employees and allocated a further 57,782 shares at 15.125 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 Alexander

Director

10

6

135,583

Alistair Phillips-Davies

Director

8

6

145,606

Jim McPhillimy

PDMR

8

6

N/A

Mark Mathieson

PDMR

10

6

N/A

Will Morris

PDMR

9

6

N/A

Martin Pibworth

PDMR

3

6

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.

ISA REINVESTMENT

The Company was notified on 6 October 2014 of a reinvestment by the manager of an ISA (formerly PEP) held by Gregor Alexander pursuant to a regular standing order instruction. Gregor Alexander acquired 39 shares at a price of 15.18 per share on 6 October 2014.

Following this transaction, Gregor Alexander has a beneficial interest in 135,622 shares.


This information is provided by RNS
The company news service from the London Stock Exchange
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