20th Aug 2008 14:59
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 August 2008 that: (1) The following Directors and other Persons Discharging ManagerialResponsibility for the Company acquired Shares under the SIP on 19 August 2008held through the Trustee: \* T Number Aggregate Shares held of Shares Beneficially (across all accountsDirectors Acquired* following acquisition)Phil Bentley 61 700,044Sam Laidlaw 61 342,476Nick Luff 61 200,753 Persons Discharging Managerial ResponsibilityGrant Dawson 61 331,769Catherine May 61 6,679Anne Minto 61 232,035Chris Weston 61 154,087\* T * The 'Number of Shares Acquired' includes 41 Partnership shares acquired at306.00 pence per share and 20 Matching shares acquired at 307.17 pence pershare. Both Partnership and Matching elements are registered in the name of theTrustee. (2) They had transferred 10,000 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 August's allocation of Matching shares. The Directors and PDMRs listedabove, together with some 5,041 other employees, are participants in the SIP andare potentially interested in the remaining 3,882 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