1st Apr 2005 07:00
Scottish & Southern Energy PLC31 March 2005 The Company was notified on 31 March 2005 by Halifax plc, the provider of theall employee Share Incentive Plan ('SIP'), of the following purchases in theCompany's ordinary shares:- a. that 28,273 shares were purchased at £8.89 using participating employees' gross salary ('Partnership Shares'). b. that the Company matched the Partnership Shares purchased by employees and purchased a further 16,575 shares at £8.89 ('Matching Shares'). The Company gives employees 1 Matching Share for each Partnership Share bought by them up to a maximum of 5 Matching Shares per month. c. that the cash dividends paid on 24 March 2005 were re-invested and used to purchase 14,882 Dividend Shares The 59,730 Partnership,Matching and Dividend Shares were allocated to employeesat £8.835. The purchase was made pursuant to a regular standing order instruction withHalifax plc for the monthly purchase of Partnership and Matching Shares and there-investment of cash dividends into Dividend Shares. The interests of Executive directors of the Company in the transactions were asfollows: Directors Number of Number Number Percentage Total holding Total Partnership of of of issued following percentage of Shares Matching Dividend class notification shares in Shares Shares issue following notification Colin 14 5 11 0.000003% 21,651 0.003%Hood Ian 14 5 11 0.000003% 64,572 0.008%Marchant DavidSigsworth 14 5 0 0.000002% 44,049 0.005% AlistairPhillips-Davies 14 5 10 0.000003% 11,248 0.001% GregorAlexander 14 5 11 0.000003% 9,279 0.001% The Company was also notified on 31 March 2005 of a dividend re-investment by MrMarchant's PEP Manager of 8 shares at a price of £8.845. The date of thetransaction was 30 March 2005. Director No of Percentage Total holding Total percentage of shares of issued following shares in issue class notification following notification Ian Marchant 8 0.00 64,580 0.008% This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SSE