SSE plc (SSE) has disclosed that eight directors and persons discharging managerial responsibilities (PDMRs) acquired ordinary shares in the company on 6 November 2026 through its all-employee Share Incentive Plan. The purchases, administered by Computershare Investor Services plc, were made at a price of £26.325010 per share, with participants receiving both partnership shares and matching shares. The notification, made in accordance with Article 19 of the Market Abuse Regulation, was filed with the Financial Conduct Authority on 10 November 2026.

Key Points

  • SSE plc (SSE) — FTSE-listed integrated energy company operating across the UK and Ireland
  • Eight directors and PDMRs acquired a combined total of 55 ordinary shares under the company's Share Incentive Plan on 6 November 2026
  • Partnership and matching shares were purchased at £26.325010 per share on the London Stock Exchange Main Market (XLON)
  • Investors may be watching for further director dealings disclosures as a signal of management sentiment towards the company's long-term strategy

SSE Share Incentive Plan Triggers MAR Disclosure for Director Martin Pibworth and Seven PDMRs

The announcement states that Computershare Investor Services plc, acting as the Plan provider, notified SSE on 9 November 2026 that it had purchased ordinary shares of 50 pence each on behalf of Director Martin Pibworth and seven PDMRs: Nicola Flanders, Rhian Kelly, Thomas Brostrøm, Finlay McCutcheon, Robert McDonald, Samuel Peacock, and John Stewart. The transactions were executed on 6 November 2026 on the London Stock Exchange Main Market under the ticker XLON, with the shares carrying ISIN GB0007908733. The disclosure was made as an initial notification under MAR Article 19.

Partnership and Matching Share Allocations for Each SSE plc PDMR at £26.33 Per Share

Under the Plan, each participant acquired partnership shares — purchased from their own salary — alongside matching shares awarded by SSE plc as an employer contribution. Martin Pibworth received two partnership shares and two matching shares, totalling four. Nicola Flanders and John Stewart each received seven shares in total. Rhian Kelly received eight, while Thomas Brostrøm, Robert McDonald, and Samuel Peacock each received nine shares. Finlay McCutcheon received the smallest allocation, with one partnership share and one matching share, totalling two. All transactions were conducted at the uniform price of £26.325010 per share.

All-Employee Share Incentive Plan Structure Reflects SSE's Broader Staff Ownership Policy

SSE plc operates an all-employee Share Incentive Plan, a tax-advantaged structure available across its workforce and open to senior management. The Plan mechanism — whereby the company awards matching shares alongside employee-funded partnership shares — is designed to align managerial interests with those of shareholders over the longer term. As a major integrated energy business with operations spanning electricity networks, renewables, and energy supply primarily across the UK and Ireland, SSE's use of such schemes forms part of its broader corporate governance framework. The relatively modest share volumes disclosed are consistent with routine monthly Plan participation rather than a material open-market transaction.