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SSE PLC

Related Party Transaction Mar 9, 2015

4710_dirs_2015-03-09_5ab9093e-0230-438a-abb0-32a79c7d022d.html

Related Party Transaction

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National Storage Mechanism | Additional information

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RNS Number : 9459G

SSE PLC

09 March 2015

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 6 March 2015 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 6 March 2015 in the Company's ordinary shares:-

(a)        that 52,138 shares were purchased and allocated at £15.51 per share using participating employees' gross salary ('Partnership Shares').

(b)        that the Company matched the Partnership Shares purchased by employees and allocated a further 58,504 shares at £15.51 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
10 6 136,952
Alistair Phillips-Davies

Director
8 6 145,675
Jim McPhillimy

PDMR
8 6 N/A
Will Morris

PDMR
8 6 N/A
Colin Nicol

PDMR
10 6 N/A
Martin Pibworth

PDMR
2 4 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

END

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