20th May 2008 17:05
Purchase of ordinary shares of 6 14/81 pence in Centrica plc ("Shares" and the"Company", respectively) by Directors of the Company and Persons DischargingManagerial Responsibility (PDMRs) under its Share Incentive Plan ("SIP"). The SIP trustee, Equiniti Share Plan Trustees Limited (the "Trustee"), notifiedthe Company on 20 May 2008 that: (1) The following Directors and other Persons Discharging ManagerialResponsibility for the Company acquired Shares under the SIP on 19 May 2008 heldthrough the Trustee: \* T Number Aggregate Shares held of Shares Beneficially (across all accountsDirectors Acquired* following acquisition)Phil Bentley 62 680,211Sam Laidlaw 62 342,262Nick Luff 63 200,554Jake Ulrich 63 918,834 Persons Discharging Managerial ResponsibilityGrant Dawson 62 316,092Catherine May 63 6,496Anne Minto 62 231,715Chris Weston 63 153,904\* T * The 'Number of Shares Acquired' includes 43 Partnership shares (42 Partnershipshares for Sam Laidlaw, Phillip Bentley, Grant Dawson, and Anne Minto with alower residual balance) acquired at 296.00 pence per share and 20 Matchingshares acquired at 291.25 pence per share. Both Partnership and Matchingelements are registered in the name of the Trustee. (2) They had transferred 9,000 ordinary shares of 6 14/81 pence each fromEquiniti Corporate Nominees Limited AESOP1 (Allocated shares) to EquinitiCorporate Nominees Limited AESOP2 (Unallocated shares). The transfer was madefollowing the forfeiture of shares, under the rules of the SIP, by participantswho have left the group since the last purchase and the shares had been usedtowards May's allocation of Matching shares. The Directors and PDMRs listedabove, together with some 5,176 other employees, are participants in the SIP andare potentially interested in the remaining 9,283 shares held by EquinitiCorporate 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. Julia FooCentrica plc01753 494016 Copyright Business Wire 2008Related Shares:
Centrica