Director's Dealing • Oct 7, 2014
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 6704T
SSE PLC
07 October 2014
DISCLOSURE PURSUANT TO DISCLOSURE AND TRANSPARENCY RULE 3.1.4R(1)(a)
The Company was notified on 6 October 2014 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan ('SIP'), of the following purchases on 6 October 2014 in the Company's ordinary shares:-
(a) that 53,207 shares were purchased and allocated at £15.125 per share using participating employees' gross salary ('Partnership Shares').
(b) that the Company matched the Partnership Shares purchased by employees and allocated a further 57,782 shares at £15.125 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 | 135,583 |
| Alistair Phillips-Davies Director |
8 | 6 | 145,606 |
| Jim McPhillimy PDMR |
8 | 6 | N/A |
| Mark Mathieson PDMR |
10 | 6 | N/A |
| Will Morris PDMR |
9 | 6 | N/A |
| Martin Pibworth PDMR |
3 | 6 | 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.
The Company was notified on 6 October 2014 of a reinvestment by the manager of an ISA (formerly PEP) held by Gregor Alexander pursuant to a regular standing order instruction. Gregor Alexander acquired 39 shares at a price of £15.18 per share on 6 October 2014.
Following this transaction, Gregor Alexander has a beneficial interest in 135,622 shares.
This information is provided by RNS
The company news service from the London Stock Exchange
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