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Director/PDMR Shareholding

27 Sep 2018 16:22

RNS Number : 2260C
SSE PLC
27 September 2018
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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 26 September 2018 by Computershare Investor Services plc, the provider of the all-employee Share Incentive Plan (the "Plan"), that the cash dividends paid on 21 September 2018 were reinvested and used to purchase Dividend Shares on 21 September 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 21 September 2018.

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1

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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)

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2

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Reason for the notification

a)

Position/status

As noted in 1a) above

b)

Initial notification/Amendment

Initial notification

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3

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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SSE plc

b)

LEI

549300KI75VYLLMSK856

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4

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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)

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Β 

Β 

Β 

Β 

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Price: Dividend Shares purchased at a price of GBPΒ£11.31688

Volumes:

Director/PDMR

Total Shares acquired

Gregor Alexander (Director)

309

Alistair Phillips-Davies (Director)

301

Martin Pibworth (Director)

62

Colin Nicol (PDMR)

110

d)

Aggregated information

- Aggregated volume

- Price

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As noted in 4c) above

As noted in 4c) above

e)

Date of transaction

21 September 2018

f)

Place of transaction

London Stock Exchange Main Market XLON

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(ii) All-Employee Share Plan Account - Dividend Reinvestment

The Company was notified on 25 September 2018 by Computershare Investor Services plc, the provider of the all-employee Share Plan Account (the "Nominee"), that the cash dividends paid on 21 September 2018 were reinvested and used to purchase Ordinary Shares on 21 September 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 21 September 2018.

Β 

1

Β 

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

a)

Name(s)

Martin Pibworth (Director)

Β 

2

Β 

Reason for the notification

a)

Position/status

As noted in 1a) above

b)

Initial notification/Amendment

Initial notification

Β 

3

Β 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SSE plc

b)

LEI

549300KI75VYLLMSK856

Β 

4

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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)

84 Ordinary Shares purchased at a price of GBPΒ£11.31688

d)

Aggregated information

- Aggregated volume

- Price

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As noted in 4c) above

As noted in 4c) above

e)

Date of transaction

21 September 2018

f)

Place of transaction

London Stock Exchange Main Market XLON

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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