Director/PDMR Shareholding

Director/PDMR Shareholding

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 30 March 2009 that the following shares were acquired/ allotted and held on behalf of the following PDMR of the Company under the NAESPP:

  Number   Number   Aggregate Shares held
of Partnership of Matching* Beneficially (across all accounts following
Shares acquired at 242p/ share on 4 February 2009 Shares allotted at 258p/ share 12 February 2009 allotment)
Persons Discharging Managerial Responsibility
Deryk King 355 76 334,848

* The Matching element relates to the Partnership Shares acquired by Deryk King on 12 February 2007.

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

Companies

Centrica (CNA)
UK 100

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