5th Aug 2009 14:31
Purchase of ordinary shares of 6 14/81 pence in Centrica plc ("Shares" and the "Company", respectively) by Directors of the Company and Persons Discharging Managerial Responsibility (PDMRs) under its Share Incentive Plan ("SIP").
The SIP trustee, Equiniti Share Plan Trustees Limited (the "Trustee"), notified the Company on 4 August 2009 that:
(1) The following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SIP on 3 August 2009 held through the Trustee:
| Number | Aggregate Shares held | |||||||||
| Of Shares | Beneficially (across all accounts | |||||||||
| Directors | Acquired* | following acquisition) | ||||||||
| Phil Bentley | 79 | 1,278,692 | ||||||||
| Sam Laidlaw | 79 | 931,051 | ||||||||
| Nick Luff | 79 | 509,291 | ||||||||
| Chris Weston | 80 | 416,982 | ||||||||
| Persons DischargingManagerial Responsibility | ||||||||||
| Grant Dawson | 79 | 451,017 | ||||||||
| Catherine May | 80 | 81,025 | ||||||||
| Anne Minto | 79 | 428,896 |
* The 'Number of Shares Acquired' includes 57 Partnership shares acquired at 218.43 pence per share (58 Partnership shares for Catherine May and Chris Weston with a higher residual balance) and 22 Matching shares acquired at 225.16 pence per share. Both Partnership and Matching elements are registered in the name of the Trustee.
(2) They had transferred 10,000 ordinary shares of 6 14/81 pence each from Equiniti Corporate Nominees Limited AESOP1 (Allocated shares) to Equiniti Corporate Nominees Limited AESOP2 (Unallocated shares). The transfer was made following the forfeiture of shares, under the rules of the SIP, by participants who have left the group since the last purchase and the shares had been used towards August's allocation of Matching shares.
The SIP is made available to all UK employees and 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 22 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.Tracy AllenCentrica plc01753 494010
Copyright Business Wire 2009
Related Shares:
Centrica