Centrica PLC
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 14 June
2007 of the following transactions that had been completed on behalf of the
following PDMR of the Company under the NAESPP:
-- that they had acquired Partnership Shares on 11 June 2007; and
-- that shares were required to meet the Matching element on the
Partnership Shares acquired on 7 June 2005. The shares were allotted on
7 June 2007 and are held by the Administrator on behalf of the PDMR:
-0-
*T
Number of Number of Matching Aggregate Shares held
Partnership Shares Shares allotted** beneficially (across all
acquired* accounts following
acquisition and allotment)
Persons Discharging
Managerial
Responsibility
Deryk King 201.96323 140.788265 273,572.36664
*T
* The 'Number of Partnership Shares acquired' were purchased at 367.25 pence.
** The 'Number of Matching Shares allotted' were at a price of 383.25 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.
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Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
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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