17th Dec 2008 15:36
TRANSACTIONS BY DIRECTORS AND PDMRS
DISCLOSURE PURSUANT TO DISCLOSURE AND TRANSPARENCY RULE 3.1.4R(1)(A)
IRISH SHARE INCENTIVE PLAN
The Scottish and Southern Energy plc Irish Share Incentive Plan (ISIP) was introduced in August 2008.
The Company was notified on 17 December 2008 by Computershare Investor Services plc, the provider of this Plan, of the following purchases on 17 December 2008 in the Company's ordinary shares.
|
(a)
|
that 2,138 shares were purchased and allocated at £11.12 per share using participating employees' net salary ('Partnership and Excess Shares').
|
|
|
|
|
(b)
|
that the Company matched the Partnership Shares purchased by employees and allocated a further 1,169 shares at £11.12 per share ('Matching Shares'). The Company gives employees 1 Matching Share 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 quarterly purchase of Partnership Shares.
The Company is obliged to disclose the following transaction by Paul Dowling, PDMR:
|
PDMR |
SIP Purchases |
||
|
Number of Partnership / Excess Shares |
Number of Matching Shares |
Purchase Price £ |
|
|
Paul Dowling |
36 |
18 |
£11.12 |
Related Shares:
SSE