Centrica PLC
Purchase of ordinary shares of 6 14/81 pence in Centrica plc ('Shares' and the
'Company', respectively) by Directors of the Company under its Share Incentive
Plan ('SIP').
The SIP trustee, Hill Samuel ESOP Trustees Limited (the 'Trustee'), notified the
Company on 20 October 2006 that:
(1) The following Directors and other Persons Discharging Managerial
Responsibility for the Company acquired Shares under the SIP on 19 October 2006
held through the Trustee:
-0-
*T
Number Aggregate Shares held
of Shares Beneficially (across all accounts
Directors Acquired(a) following acquisition)
Phil Bentley 57 456,657
Jake Ulrich 57 719,200
Persons Discharging Managerial
Responsibility
Grant Dawson 57 219,373
Anne Minto 57 115,790
Chris Weston 40 75,732
*T
(a) The 'Number of Shares Acquired' includes 38 Partnership shares (except for
Chris Weston which includes 27 Partnership shares) acquired at 330.5 pence per
share and 19 Matching shares (except for Chris Weston which includes 13 Matching
shares) acquired at 329.50 pence per share. Both Partnership and Matching
elements are registered in the name of the Trustee.
(2) They had transferred 10,683 ordinary shares of 6 14/81 pence each from
Lloyds TSB Registrars Corporate Nominee Limited AESOP1 (Allocated shares) to
Lloyds TSB Registrars Corporate Nominee 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 October's allocation of Matching shares. The
Directors listed above, together with some 5,422 other employees, are
participants in the Plan and are potentially interested in the remaining 2,359
shares held by Lloyds TSB Registrars Corporate Nominee Limited AESOP2 left
following the purchase.
The SIP 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 20 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.
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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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