28th Jul 2006 13:46
Scottish & Southern Energy PLC28 July 2006 RIS ANNOUNCEMENT - DIRECTOR/PDMR DEALING SCOTTISH AND SOUTHERN ENERGY PLC Following notifications made in accordance with DR 3.1.4 (R)(1)(a) and section324 of the Companies Act 1985, Scottish and Southern Energy plc (the "Company")wishes to notify the following changes in the interests of executive directorsand persons discharging managerial responsibility ("PDMR"s) in ordinary sharesin the Company ("Shares") arising out of the operation of the Scottish andSouthern Energy plc Performance Share Plan (the "PSP"). The PSP was approved by shareholders at the Company's Annual General Meetingheld on 27 July 2006. On 27 July 2006, awards over Shares ("Awards") were granted under the PSP to thefollowing executive directors and PDMRs, as set out below. The number of Sharesstated is the maximum available to each director or PDMR on satisfaction in fullof the performance targets applicable to the Award. The number of Shares undereach Award has been calculated by reference £12.19, being the mid-market pricefor a Share on 27 July 2006. Executive Director Shares granted under awardColin Hood 40,607Ian Marchant 54,142Alistair Phillips-Davies 28,301Gregor Alexander 28,301 PDMR Vincent Donnelly 7,075Paul Isgar 8,305Graham Juggins 6,460Anthony Keeling 9,228Ian Manson 7,383Mark Mathieson 7,690Robert McDonald 8,305Jim McPhillimy 9,844Adrian Pike 8,921Brian Smith 6,460James Smith 7,383Paul Smith 9,844Alan Young 8,305 Vesting of these Awards will be conditional on the satisfaction of financialperformance targets and other criteria. The earliest date on which theparticipants could normally become entitled to the Shares comprised in the Awardis the date of announcement of results for the financial year ending 31 March2009, or as otherwise determined by the rules of the PSP. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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