SSE PLC

Director's Dealing • Jul 27, 2020

National Storage Mechanism | Additional information

RNS Number : 2110U

SSE PLC

27 July 2020

SSE PLC

Director/PDMR Shareholding

Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)

The Company announces that, on 21 July 2020 it granted options over a total of 1,874,402 ordinary shares to employees under its all-employee savings-related share option scheme ("the Scheme") at an option price of £11.07 per ordinary share. 

This included the grant of options to the Director/PDMR set out in the table below.  This disclosure is made in accordance with the requirements of the EU Market Abuse Regulation, and provides further details on the number of options granted under the Scheme on 21 July 2020.

1

Details of the person(s) discharging managerial responsibilities/person closely associated with

a)

Name(s)

Gregor Alexander (Director)

Rob McDonald (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 50 pence each fully paid.

ISIN: GB0007908733

b)

Nature of transaction

Grant of share options under the SSE plc all-employee savings-related share option scheme.

c)

Price(s) and volume(s)

Share Options granted at an Option Price of GBP £11.07

Director/PDMR	Share Options Granted
Gregor Alexander (Director)	130
Rob McDonald (PDMR)	813

d)

Aggregated information

-      Aggregated volume

-      Price

As noted in 4c) above

As noted in 4c) above

e)

Date of transaction

21 July 2020

f)

Place of transaction

Outside a trading venue

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