20th Mar 2008 16:34
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 March 2008 that: (1) The following Directors and other Persons Discharging ManagerialResponsibility for the Company acquired Shares under the SIP on 19 March 2008held through the Trustee: \* T Number Aggregate Shares held of Shares Beneficially (across all accountsDirectors Acquired* following acquisition)Phil Bentley 62 623,893Sam Laidlaw 61 342,139Nick Luff 62 200,431Jake Ulrich 62 861,404 Persons Discharging Managerial ResponsibilityGrant Dawson 62 278,135Catherine May 62 6,373Anne Minto 62 195,873Chris Weston 62 134,123\* T * The 'Number of Shares Acquired' includes 42 Partnership shares (41 Partnershipshares for Sam Laidlaw with a lower residual balance) acquired at 303.00 penceper share and 20 Matching shares acquired at 303.92 pence per share. BothPartnership and Matching elements are registered in the name of the Trustee. (2) They had transferred 11,000 ordinary shares of 6 14/81 pence each fromLloyds TSB Registrars Corporate Nominee Limited AESOP1 (Allocated shares) toLloyds TSB Registrars Corporate Nominee Limited AESOP2 (Unallocated shares). Thetransfer was made following the forfeiture of shares, under the rules of theSIP, by participants who have left the group since the last purchase and theshares had been used towards March's allocation of Matching shares. TheDirectors and PDMRs listed above, together with some 5,182 other employees, areparticipants in the SIP and are potentially interested in the remaining 833shares held by Lloyds TSB Registrars Corporate Nominee Limited AESOP2 leftfollowing 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 Foo Centrica plc 01753 494 016 Copyright Business Wire 2008Related Shares:
Centrica