Source - RNS
RNS Number : 9449K
SSE PLC
27 September 2016
 

SSE PLC

Director/PDMR Shareholding

Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs)

The Company was notified on 26 September 2016 by Computershare Investor Services plc, the provider of the all employee Share Incentive Plan (the "Plan"), that the cash dividends paid on 23 September 2016 were reinvested and used to purchase Dividend Shares on 23 September 2016 on behalf of, and awarded to the following Directors/PDMRs.  The purchase was made pursuant to 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 23 September 2016.

 

 

1

 

Details of the person(s) discharging managerial responsibilities/person closely associated with

a)

Name(s)

Gregor Alexander (Director)

Alistair Phillips-Davies (Director)

Will Morris (PDMR)

Colin Nicol (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 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£15.37211

Volumes:

Director/PDMR

Total Shares acquired

Gregor Alexander (Director)

177

Alistair Phillips-Davies (Director)

173

Will Morris

(PDMR)

26

Colin Nicol

(PDMR)

55

Martin Pibworth

(PDMR)

33

d)

Aggregated information

-      Aggregated volume

-      Price

 

As noted in 4c) above

As noted in 4c) above

e)

Date of transaction

23 September 2016

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
 
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