29th Sep 2008 14:00
29 September 2008 Director/PDMR shareholding Notification of Directors' Interests in Shares On 26 September 2008, following a regulatory enforced prolonged periodprohibited from dealing in the shares of the Company, Anne Minto, a PDMR of theCompany, sold Centrica plc ordinary 6 14/81 pence shares. Further details of thetransaction are provided below: \* T Number of Sale price Total interest following shares sold notification------------------------ ----------------- ----------------- ------------------------Anne Minto 83,460 325.25p 113,242------------------------ ----------------- ----------------- ------------------------\* T The Company was notified of the transaction, which took place in London, on 26September 2008. On 31 March 2008 Centrica announced the appointment of Mark Hanafin as ManagingDirector Centrica Energy & Europe and as a Board Director of Centrica plc witheffect from 14 July 2008. In accordance with Mark Hanafin's terms of appointment he was granted thefollowing one-off share option and awards over Centrica plc ordinary 6 14/81pence shares on 26 September 2008. The awards have been granted in order toreplace prior awards from his previous employer. 1. An option over 299,130 shares at an option price of 287.5p under the Rules ofthe Centrica Special Executive Share Option Scheme 2008. The award is notsubject to any performance condition and is exercisable for a period of 10 yearsfrom the date of grant. 2. An award of 167,596 shares under the Rules of the Centrica Special Long TermIncentive Scheme 2008. Of this award 83,798 shares will vest in February 2009and 83,798 shares will vest in February 2010 provided Mark Hanafin remains inemployment with Centrica plc until the respective vesting dates. There are noperformance conditions attaching to the award. The closing middle market price of Centrica shares on 26 September 2008 was326.75p. The option and awards will be satisfied by market purchased shares. Following the above awards Mark Hanafin had a total interest over 798,234Centrica plc ordinary 6 14/81 pence shares. Enquiries: Centrica Media Relations: 0845 072 8001Centrica Investor Relations: 01753 494900 Notes to Editors: Mark Hanafin joined Centrica on 14 July 2008 from Shell, where he was Presidentand Chief Executive Officer of Shell Energy North America based in Houston. Mr Hanafin was at Shell for 21 years, holding a number of senior managementroles in marketing, trading and supply chain management before promotion to arole which covered responsibilities in both the USA and Europe. Mr Hanafin is aChartered Engineer with a First Class Honours degree from Brunel University. Copyright Business Wire 2008Related Shares:
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