SSE PLC Director/PDMR Shareholding (4207O)

TIDMSSE

RNS Number : 4207O

SSE PLC

08 February 2016

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 5 February 2016 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 5 February 2016 in the Company's ordinary shares:-

(a) that 62,670 shares were purchased and allocated at GBP14.0556 per share using participating employees' gross salary ('Partnership Shares').

(b) that the Company matched the Partnership Shares purchased by employees and allocated a further 32,939 shares at GBP14.0556 per share ('Matching Shares'). The Company gives employees 1 Matching Share for each Partnership Share bought by them up to a maximum of 3 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           Number 
                              of Partnership    of Matching 
                                  Shares          Shares 
                            ----------------  ------------- 
 Gregor Alexander 
  Director                         11               3            139,536 
                            ----------------  -------------  -------------- 
 Alistair Phillips-Davies 
  Director                          9               3            147,588 
                            ----------------  -------------  -------------- 
 Jim McPhillimy 
  PDMR                              9               3              N/A 
                            ----------------  -------------  -------------- 
 Will Morris 
  PDMR                              9               3              N/A 
                            ----------------  -------------  -------------- 
 Colin Nicol 
  PDMR                             10               3              N/A 
                            ----------------  -------------  -------------- 
 Martin Pibworth 
  PDMR                              2               2              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.

This information is provided by RNS

The company news service from the London Stock Exchange

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February 08, 2016 10:35 ET (15:35 GMT)