Centrica Regulatory News (CNA)



Regulatory News for Centrica (CNA)


Share Price: 389.40Bid: 389.40Ask: 389.60Change: -2.10 (-0.54%)Faller - Centrica
Spread: 0.20Spread as %: 0.05%Open: 391.80High: 392.8405Low: 389.40Yesterday’s Close: 391.50





Director/PDMR Shareholding

Wed, 6th Jun 2012 16:11

Purchase of ordinary shares of 614/81 pence in Centrica plc ('Shares' and the 'Company', respectively) by Directors of the Company and Persons Discharging Managerial Responsibility ('PDMRs') under its Share Incentive Plan ('SIP').

The SIP trustee, Equiniti Share Plan Trustees Limited (the 'Trustee'), notified the Company on 6th June 2012 that:

(1) The following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SIP on 1st June 2012 held through the Trustee:

    Number     Aggregate Shares held
of Shares Beneficially (across all accounts
Directors Acquired* following acquisition)
Phil Bentley 60 2,218,420
Mark Hanafin 60 514,020
Sam Laidlaw 61 2,520,777
Nick Luff 60 646,450
Chris Weston 60 439,035
 
Persons Discharging Managerial Responsibility
Grant Dawson 60 569,971
Jill Shedden 60 147,356
 

* The 'Number of Shares Acquired' includes 40 Partnership shares acquired at 309.17 pence per share (41 Partnership shares for Sam Laidlaw with a higher residual balance) and 20 Matching shares acquired at 309.33 pence per. Both the Partnership and Matching elements are registered in the name of the Trustee.

(2) The Trustee had transferred 20,000 Shares from Equiniti Corporate Nominees Limited AESOP1 (Allocated shares) to Equiniti Corporate Nominees Limited AESOP2 (Unallocated shares). The transfer was made following the forfeiture of shares, under the rules of the SIP, by participants who have left the group since the last purchase and the shares had been used towards the current month's allocation of Matching shares.

 
Stephanie Hallett
Centrica plc
01753 494442
 

Notes:

The SIP is made available to all UK employees and operates as follows:

  • Each month the Trustee uses participants' contributions (which may not exceed £125 per participant per month) to purchase shares in the market. These shares are called 'Partnership Shares'.
  • At the same time the Company allots to participants via the Trustee one 'Matching Share' for every two partnership shares purchased that month (up to a maximum of 22 matching shares per month).
  • Participants may change their monthly savings rate whenever they wish. However, Directors and others bound by the Company's Securities Dealing Code (the "Code") may not make such a change during a close period or when otherwise prohibited from dealing by the Code.

Copyright Business Wire 2012



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