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SSE PLC

Director's Dealing Jul 8, 2013

4710_dirs_2013-07-08_7ca78aa4-b4f2-4732-a1a8-68ba7f8211fb.html

Director's Dealing

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RNS Number : 8384I

SSE PLC

08 July 2013

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 July 2013 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 5 July 2013 in the Company's ordinary shares:-

(a)        that 44,843 shares were purchased and allocated at £15.978 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 53,214 shares at £15.978 per share ('Matching Shares').  The Company gives employees 2 Matching Shares for each Partnership Share bought by them up to a maximum of 6 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 of Partnership Shares Number of Matching Shares
Gregor Alexander

Director
8 6 123,746
Alistair Phillips-Davies

Director
8 6 133,830
Rob McDonald

PDMR
8 6 N/A
Jim McPhillimy

PDMR
8 6 N/A
Mark Mathieson

PDMR
8 6 N/A
Will Morris

PDMR
8 6 N/A
Martin Pibworth

PDMR
2 4 N/A
Brandon Rennet

PDMR
8 6 N/A
Jim Smith

PDMR
8 6 N/A
Paul Smith

PDMR
8 6 N/A
Alan Young

PDMR
8 6 N/A

SSE PLC SHARESAVE SCHEME

The Company also announces that, on 5 July 2013, it granted options over a total of 1,273,052 ordinary shares to employees under its all-employee savings-related share option scheme at an option price of £11.97 per ordinary share. 

The interests of the Directors/PDMRs of the Company in this transaction are as follows:

Directors/ PDMRs Savings contract term # No of options granted
Mark Mathieson

PDMR
5-year 250
Will Morris

PDMR
3-year 375

This information is provided by RNS

The company news service from the London Stock Exchange

END

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