REG - SSE Plc - Director/PDMR Shareholding <Origin Href="QuoteRef">SSE.L</Origin>
RNS Number : 6704TSSE PLC07 October 2014TRANSACTIONS 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 RNSThe company news service from the London Stock ExchangeENDRDSFSSFDWFLSEDS
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