Centrica PLC
Allotment of ordinary shares of 6 14/81 pence in Centrica plc ('Shares' and the
'Company', respectively) by a Person Discharging Managerial Responsibility
(PDMR) of the Company under its North American Employee Share Purchase Plan
('NAESPP').
The Bank of New York, (the 'Administrator'), notified the Company on 11 March
2008 that the following shares were required to meet the Matching element on the
Partnership Shares acquired by Deryk King on 7 February 2006. The shares were
allotted on 7 February 2008 and are held by the Administrator on behalf of Mr
King:
-0-
*T
Number Aggregate Shares held
of Matching Beneficially (across all accounts
Shares allotted* following allotment)
Persons Discharging Managerial
Responsibility
Deryk King 112.99215 274,397.829365
*T
* The 'Number of Matching Shares allotted' were at a price of 332 pence per
share.
The NAESPP operates as follows
-- Each month the Administrator uses participants' contributions (which are
from 1% to 5% of base salary but may not exceed $10,000 per participant
per year) to purchase shares in the market. These shares are called
'Partnership Shares'. Participants may hold both fractional and whole
Partnership Shares.
-- For every two Partnership Shares the participants still own after two
years, the Company awards one free share. These are called 'Matching
Shares'.
-- 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.
-- The NAESPP is only open to employees of the Company based in Canada and
the United States. No other Directors or PDMRs of the Company are
participants in the NAESPP.
Purchase of ordinary shares of 6 14/81 pence in Centrica plc ('Shares' and the
'Company', respectively) by a Person Discharging Managerial Responsibility
(PDMR) of the Company under its North American Employee Share Purchase Plan
('NAESPP').
The Bank of New York, (the 'Administrator'), notified the Company on 11 March
2008 that they had acquired Shares on 29 February 2008 to be held on behalf of
the following PDMR of the Company under the NAESPP:
-0-
*T
Number Aggregate Shares held
of Partnership Beneficially (across all accounts
Shares acquired* following acquisition)
Persons Discharging Managerial
Responsibility
Deryk King 226.08737 274,623.916735
*T
* The 'Number of Partnership Shares acquired' were purchased at 314.75 pence.
The NAESPP operates as follows
-- Each month the Administrator uses participants' contributions (which are
from 1% to 5% of base salary but may not exceed $10,000 per participant
per year) to purchase shares in the market. These shares are called
'Partnership Shares'. Participants may hold both fractional and whole
Partnership Shares.
-- For every two Partnership Shares the participants still own after two
years, the Company awards one free share. These are called 'Matching
Shares'.
-- 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.
-- The NAESPP is only open to employees of the Company based in Canada and
the United States. No other Directors or PDMRs of the Company are
participants in the NAESPP.
Julia Foo
Centrica plc
01753 494016
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Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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