REG - SSE Plc - Director/PDMR Shareholding <Origin Href="QuoteRef">SSE.L</Origin>
RNS Number : 9449KSSE PLC27 September 2016SSE PLC
Director/PDMR Shareholding
Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)
The Company was notified on 26 September 2016 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan (the "Plan"), that the cash dividends paid on 23 September 2016 were reinvested and used to purchase Dividend Shares on 23 September 2016 on behalf of, and awarded to the following Directors/PDMRs. The purchase was made pursuant to a regular standing order instruction with Computershare Investor Services plc for the reinvestment of cash dividends into Dividend Shares.
The table below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details on the number of shares acquired under the Plan on 23 September 2016.
1
Details of the person(s) discharging managerial responsibilities/person closely associated with
a)
Name(s)
Gregor Alexander (Director)
Alistair Phillips-Davies (Director)
Will Morris (PDMR)
Colin Nicol (PDMR)
Martin Pibworth (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 50pence each fully paid
ISIN: GB0007908733
b)
Nature of transaction
Dividend shares purchased by the SIP Provider, Computershare Investor Services plc on behalf of, and awarded to participants under the HMRC approved all-employee Share Incentive Plan.
c)
Price(s) and volume(s)
Price: Dividend Shares purchased at a price of GBP15.37211
Volumes:
Director/PDMR
Total Shares acquired
Gregor Alexander (Director)
177
Alistair Phillips-Davies (Director)
173
Will Morris
(PDMR)
26
Colin Nicol
(PDMR)
55
Martin Pibworth
(PDMR)
33
d)
Aggregated information
- Aggregated volume
- Price
As noted in 4c) above
As noted in 4c) above
e)
Date of transaction
23 September 2016
f)
Place of transaction
London Stock Exchange Main Market XLON
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHSEISUWFMSEIU
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