REG - SSE Plc - Director/PDMR Shareholding
05/06/2026 12:45
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RNS Number : 2461H SSE PLC 05 June 2026
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) - Grant of Awards - 4 June
2026
On 4 June 2026 the independent Trustee of the SSE Employee Trust notified the
Company that it had on 4 June 2026 granted the Directors/PDMRs listed in the
table that follows awards over Ordinary shares of 50 pence each fully paid in
the Company under the DBS. The number of shares under each award has been
calculated by reference to a price of £23.00 per share, being the average of
the Company's share price over the three dealing days immediately preceding
the date of grant.
Awards granted under the DBS represent a deferral of a proportion of the cash
bonus earned for the 2025/26 annual incentive year which is converted into
shares. The shares will vest after a period of three years from the date of
grant subject normally to the participant remaining in employment with the
Company. On vesting, the participant will become entitled to additional
shares representing the value of reinvested dividends over the three-year
period.
1 Details of the person(s) discharging managerial responsibilities/person
closely associated with
a) Name(s) Martin Pibworth (Director)
Barry O'Regan (Director)
Christopher Burchell (PDMR)
Nikki Flanders (PDMR)
Rhian Kelly (PDMR)
Finlay McCutcheon (PDMR)
Robert 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 Ordinary shares of 50 pence each fully paid
code
ISIN: GB0007908733
b) Nature of transaction Grant of Awards under the SSE plc Deferred Bonus Scheme
c) Price(s) and volume(s) Conditional awards of shares, the number of shares calculated by reference to
a price of GBP£23.00, being the average of the Company's share price over the
three dealing days immediately preceding the date of grant.
Director/PDMR Total DBS Awards Granted
18,224
Martin Pibworth (Director)
13,532
Barry O'Regan (Director)
4,441
Christopher Burchell (PDMR)
3,340
Nikki Flanders (PDMR)
544
Rhian Kelly (PDMR)
3,662
Finlay McCutcheon (PDMR)
5,557
Robert McDonald (PDMR)
2,439
Sam Peacock (PDMR)
John Stewart (PDMR) 2,934
3,178
Elizabeth Tanner (PDMR)
4,317
Stephen Wheeler (PDMR)
d) Aggregated information
- Aggregated volume As noted in 4c) above
- Price As noted in 4c) above
e) Date of transaction 4 June 2026, date of grant
f) Place of transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
As noted in 4c) above
As noted in 4c) above
e)
Date of transaction
4 June 2026, date of grant
f)
Place of transaction
Outside a trading venue
(ii) Performance Share Plan (PSP) - Grant of Awards - 4 June
2026
On 4 June 2026 the independent Trustee of the SSE Employee Trust notified the
Company that it had on 4 June 2026 granted the Executive Directors/PDMRs
listed in the table that follows awards over Ordinary shares of 50 pence each
fully paid in the Company under the PSP. The number of shares stated will
become available to each Executive Director/PDMR if the performance targets
applicable to the award are achieved at their upper limit or above. On
vesting, the Executive Directors/PDMRs will become entitled to additional
shares representing the value of reinvested dividends over the performance
period. The number of shares under each award has been calculated by
reference to a price of £23.00 per share, being the average of the Company's
share price over the three dealing days immediately preceding the date of
grant.
Vesting of these awards will normally only take place if performance
conditions are satisfied over the three-year performance period 1 April 2026
to 31 March 2029. These performance conditions are those indicated in the
Remuneration Committee Report which forms part of SSE's 2026 Annual Report and
Accounts which will be published on 12 June 2026.
Awards granted to Executive Directors will be subject to an additional
post-vesting holding period during which time the Executive Director must
retain the post-tax number of shares vesting under award.
1 Details of the person(s) discharging managerial responsibilities/person
closely associated with
a) Name(s) Martin Pibworth (Executive Director)
Barry O'Regan (Executive Director)
Thomas Brostrǿm (PDMR)
Christopher Burchell (PDMR)
Nikki Flanders (PDMR)
Rhian Kelly (PDMR)
Finlay McCutcheon (PDMR)
Robert McDonald (PDMR)
Sam Peacock (PDMR)
John Stewart (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 Ordinary shares of 50 pence each fully paid
code
ISIN: GB0007908733
b) Nature of transaction Grant of Awards under the SSE plc Performance Share Plan
c) Price(s) and volume(s) Conditional awards of shares, the number of shares calculated by reference to
a price of GBP£23.00, being the average of the Company's share price over the
three dealing days immediately preceding the date of grant.
Executive Director Total PSP Awards Granted
Martin Pibworth 136,956
Barry O'Regan 92,065
46,956
Thomas Brostrǿm (PDMR)
39,624
Christopher Burchell (PDMR)
34,650
Nikki Flanders (PDMR)
15,525
Rhian Kelly (PDMR)
34,530
Finlay McCutcheon (PDMR)
41,304
Robert McDonald (PDMR)
22,305
Sam Peacock (PDMR)
26,828
John Stewart (PDMR)
40,710
Stephen Wheeler (PDMR)
d) Aggregated information
- Aggregated volume As noted in 4c) above
- Price As noted in 4c) above
e) Date of transaction 4 June 2026, date of grant
f) Place of transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
As noted in 4c) above
As noted in 4c) above
e)
Date of transaction
4 June 2026, date of grant
f)
Place of transaction
Outside a trading venue
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