22nd Jan 2008 17:01
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 22 January 2008 that: (1) The following Directors and other Persons Discharging ManagerialResponsibility for the Company acquired Shares under the SIP on 21 January 2008held through the Trustee: \* T Number Aggregate Shares held of Shares Beneficially (across all accountsDirectors Acquired* following acquisition)Phil Bentley 58 623,776Sam Laidlaw 57 342,021Nick Luff 57 200,312Jake Ulrich 58 861,287 Persons Discharging Managerial ResponsibilityGrant Dawson 58 278,018Catherine May 57 6,254Anne Minto 58 195,756Chris Weston 57 134,004\* T * The 'Number of Shares Acquired' includes 38 Partnership shares (39 Partnershipshares for Phil Bentley, Grant Dawson, Anne Minto and Jake Ulrich with a higherresidual balance) acquired at 328.00 pence per share and 19 Matching sharesacquired at 337.00 pence per share. Both Partnership and Matching elements areregistered in the name of the Trustee. (2) They had transferred 10,000 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 January's allocation of Matching shares. TheDirectors listed above, together with some 5,160 other employees, areparticipants in the SIP and are potentially interested in the remaining 344shares 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. Copyright Business Wire 2008Related Shares:
Centrica