11th Aug 2005 13:21
Scottish & Southern Energy PLC11 August 2005 Notification of PDMR's Interests On 4th August 2005 the Company was notified by the Trustees of the Scottish andSouthern Energy Deferred Bonus Plan ("the Plan") of the following change in aPDMR's interests in the Company's ordinary shares ("the Shares") arising out ofthe operation of the Plan. Awards of Shares under the Plan can be unconditionally released to participantsfollowing the third anniversary of grant. On 4th Augus 2005 Robert MacDonald elected to call for the release of 1,219Shares from the Deferred Bonus Plan Trust (the "Trust") and on the same date,504 Shares were sold at £9.8955 per Share in order to discharge income tax andNational Insurance contribution liabilities arising on the release of the Sharesfrom the Trust with the remaining 715 shares being retained by Robert MacDonald. The Trustees have transferred the Shares referred to above out of the Trust. Asa result of these transactions the Trust holds a total of 616,617 Sharesrepresenting 0.07% of the Company's issued share capital.The executive directors of the Company are technically deemed for Companies Actpurposes to be interested in all the Shares held by the Trust. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SSE