Director/PDMR Shareholding

RNS Number : 4673X

Centrica PLC

10 August 2018

 

10 August 2018

Centrica plc

Notification of Transactions of a Director

Centrica plc (the "Company") announces that it was notified of the following transactions in respect of the Company's ordinary shares of 6^14/81 pence ("Shares") by Executive Directors.

The following notifications, made pursuant to Article 19 of the Market Abuse Regulation, provide further details.   

(i)           Vesting of Award - Long Term Incentive Plan

On 7 August 2018, an award vested under the Centrica Long Term Incentive Plan.  The award was granted on 7 August 2015.

The vesting of the award was subject to the satisfaction of performance conditions.  Following the sale of Shares for tax, the remaining Shares are subject to a two-year mandatory holding period until 7 August 2020.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name(s)	Jeff Bell
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Centrica plc
b)	LEI	E26EDV109X6EEPBKVH76
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 614/81 pence GB00B033F229
b)	Nature of the transaction	Sale of Shares for tax following the vesting of an award under the Centrica Long Term Incentive Plan that was granted on 7 August 2015.  The remaining Shares are subject to a two-year mandatory holding period.
c)	Price(s) and volume(s)	Executive Director Number of vested Shares Number of Shares sold to cover statutory withholding liabilities Price Jeff Bell 172,013 81,009 146.70p
d)	Aggregated information -        Aggregated volume -        Price -        Total	As noted in (4c) above As noted in (4c) above As noted in (4c) above
e)	Date of the transaction	7 August 2018
f)	Place of the transaction	London Stock Exchange (XLON)

Centrica plc is listed on the London Stock Exchange (CNA)

Registered Office: Millstream, Maidenhead Road, Windsor, Berkshire SL4 5GD

Registered in England & Wales number: 3033654

Legal Entity Identifier number: E26EDV109X6EEPBKVH76

ISIN number: GB00B033F229

 

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