Director's Dealing • Mar 21, 2018
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 4938I
SSE PLC
21 March 2018
SSE PLC
Director/PDMR Shareholding
Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)
(i) All-Employee Share Incentive Plan - Dividend Reinvestment
The Company was notified on 20 March 2018 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan (the "Plan"), that the cash dividends paid on 16 March 2018 were reinvested and used to purchase Dividend Shares on 16 March 2018 on behalf of, and awarded to the following Directors/PDMRs. The purchase was made in accordance with a regular standing order instruction with Computershare Investor Services plc for the reinvestment of cash dividends into Dividend Shares.
The table below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details on the number of shares acquired under the Plan on 16 March 2018.
| 1 | Details of the person(s) discharging managerial responsibilities/person closely associated with | |
| a) | Name(s) | Gregor Alexander (Director) Alistair Phillips-Davies (Director) Martin Pibworth (Director) Colin Nicol (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 50pence each fully paid ISIN: GB0007908733 |
| b) | Nature of transaction | Dividend shares purchased by the SIP Provider, Computershare Investor Services plc on behalf of, and awarded to participants under the HMRC approved all-employee Share Incentive Plan. |
c)
Price(s) and volume(s)
Price: Dividend Shares purchased at a price of GBP£12.407800
Volumes:
| Director/PDMR | Total Shares acquired |
| Gregor Alexander (Director) | 116 |
| Alistair Phillips-Davies (Director) | 114 |
| Martin Pibworth (Director) |
23 |
| Colin Nicol (PDMR) |
41 |
d)
Aggregated information
- Aggregated volume
- Price
As noted in 4c) above
As noted in 4c) above
e)
Date of transaction
16 March 2018
f)
Place of transaction
London Stock Exchange Main Market XLON
(ii) All-Employee Share Plan Account - Dividend Reinvestment
The Company was notified on 20 March 2018 by Computershare Investor Services plc, the provider of the all employee Share Plan Account (the "Nominee"), that the cash dividends paid on 16 March 2018 were reinvested and used to purchase Ordinary Shares on 16 March 2018 on behalf of Martin Pibworth. The purchase was made in accordance with a regular standing order instruction with Computershare Investor Services plc for the reinvestment of cash dividends into Ordinary Shares.
The table below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details on the number of shares acquired on 16 March 2018.
1
Details of the person(s) discharging managerial responsibilities/person closely associated with
a)
Name(s)
Martin Pibworth (Director)
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 50pence each fully paid
ISIN: GB0007908733
b)
Nature of transaction
Ordinary shares purchased by the Nominee, Computershare Investor Services plc on behalf of the following beneficial shareholder.
c)
Price(s) and volume(s)
Price: Ordinary Shares purchased at a price of GBP£12.407800
Volumes:
| Director/PDMR | Total Shares acquired |
| Martin Pibworth (Director) |
31 |
d)
Aggregated information
- Aggregated volume
- Price
As noted in 4c) above
As noted in 4c) above
e)
Date of transaction
16 March 2018
f)
Place of transaction
London Stock Exchange Main Market XLON
This information is provided by RNS
The company news service from the London Stock Exchange
END
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