Director's Dealing • Jul 11, 2017
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 7334K
SSE PLC
11 July 2017
SSE PLC
Director/PDMR Shareholding
Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)
The Company announces that, on 6 July 2017, it granted options over a total of 2,616,568 ordinary shares to employees under its all-employee savings-related share option scheme ("the Scheme") at an option price of £11.94 per ordinary share. This included the grant of options to the Directors/PDMRs 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 6 July 2017.
1
Details of the person(s) discharging managerial responsibilities/person closely associated with
a)
Name(s)
Alistair Phillips-Davies (Director)
Will Morris (PDMR)
Martin Pibworth (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 £11.94
| Director/PDMR | Share Options Granted |
| Alistair Phillips-Davies (Director) | 1,256 |
| Will Morris (PDMR) | 1,256 |
| Martin Pibworth (PDMR) | 1,256 |
d)
Aggregated information
- Aggregated volume
- Price
As noted in 4c) above
As noted in 4c) above
e)
Date of transaction
6 July 2017
f)
Place of transaction
Outside a trading venue
This information is provided by RNS
The company news service from the London Stock Exchange
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