SSE PLC Transaction in Own Shares (8174M)

TIDMSSE

RNS Number : 8174M

SSE PLC

02 August 2017

SSE PLC

TRANSACTION IN OWN SHARES

SSE plc (the "Company") announces that on 1 August 2017 it purchased for cancellation a total of 2,098 Ordinary Shares of nominal value GBP0.50 each in the capital of the Company. The purchases were carried out on behalf of the Company by Morgan Stanley & Co. International plc, who have been engaged to manage part of the Company's capital return programme.

 
 Average Price Per        1,382.50 pence 
  Share 
-----------------------  --------------- 
 Lowest Price Per Share   1,381.00 pence 
-----------------------  --------------- 
 Highest Price Per 
  Share                   1,384.00 pence 
-----------------------  --------------- 
 

These share purchases form part of the Company's existing share buy-back programme, details of which were announced on 11 November 2016. In respect of the share buy-back programme, which will operate until not later than 31 December 2017, any acquisitions will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase shares and Chapter 12 of the UK Listing Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a schedule of individual trades executed on behalf of the Company by Morgan Stanley & Co. International plc is set out below:

 
                                                      Exchange 
 Price (pence)      Date        Time     Quantity       venue 
--------------  -----------  ---------  ---------  ------------- 
  1,381.0000     01/08/2017   11:46:23     465      GB0007908733 
--------------  -----------  ---------  ---------  ------------- 
  1,382.0000     01/08/2017   14:04:00     380      GB0007908733 
--------------  -----------  ---------  ---------  ------------- 
  1,382.0000     01/08/2017   14:04:00     237      GB0007908733 
--------------  -----------  ---------  ---------  ------------- 
  1,384.0000     01/08/2017   15:42:52     489      GB0007908733 
--------------  -----------  ---------  ---------  ------------- 
  1,383.0000     01/08/2017   16:00:12     524      GB0007908733 
--------------  -----------  ---------  ---------  ------------- 
  1,383.0000     01/08/2017   16:14:08      3       GB0007908733 
--------------  -----------  ---------  ---------  ------------- 
 

A full list of all share repurchase transactions to date are available using the following link:

http://sse.com/investors/share-repurchase-programme/

This information is provided by RNS

The company news service from the London Stock Exchange

END

POSOKDDQOBKDKFK

(END) Dow Jones Newswires

August 02, 2017 02:15 ET (06:15 GMT)