SSE PLC Director/PDMR Shareholding (1766U)
January 13 2017 - 11:00AM
UK Regulatory
TIDMSSE
RNS Number : 1766U
SSE PLC
13 January 2017
SSE plc
Director/PDMR Shareholding
SSE plc (the "Company") - Notification of Transactions of
Directors/Persons Discharging Managerial Responsibilities and their
Closely Associated Persons
Retention Share Award
The Company announces that on 12 January 2017, Martin Pibworth,
PDMR, was granted a Retention Share award over Ordinary shares of
50 pence each fully paid in the Company.
The shares will vest after a period of three and a half years
from the date of grant subject to the participant remaining in
employment with the Company. On vesting, the participant will
become entitled to additional shares representing the value of
reinvested dividends over the retention award period.
1 Details of the person(s) discharging managerial
responsibilities/person closely associated with
--- -------------------------------------------------------------
a) Name(s) 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 Ordinary shares of 50 pence
financial instrument, each fully paid
type of instrument ISIN: GB0007908733
Identification code
--- ------------------------------- ----------------------------
b) Nature of transaction Grant of a Retention Share
Award.
--- ------------------------------- ----------------------------
c) Price(s) and volume(s) Conditional award of 25,000
shares.
--- ------------------------------- ----------------------------
d) Aggregated information As noted in 4c) above
* Aggregated volume N/A
* Price
--- ------------------------------- ----------------------------
e) Date of transaction 12 January 2017
--- ------------------------------- ----------------------------
f) Place of transaction Outside a trading venue
--- ------------------------------- ----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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