7th Aug 2008 14:53
Allotment of ordinary shares of 6 14/81 pence in Centrica plc ("Shares" and the"Company", respectively) by a Person Discharging Managerial Responsibility(PDMR) of the Company under its North American Employee Share Purchase Plan("NAESPP"). The Bank of New York, (the "Administrator"), notified the Company on 5th August2008 that the following shares were acquired/ allotted and held on behalf of thefollowing PDMR of the Company under the NAESPP. \* T Number of Matching* Number of Matching* Shares Aggregate Shares held Shares allotted at 294p/ allotted at 311p/ share beneficially (across all share on 8 June 2008 on 13 July 2008 accounts following allotment) Persons Discharging Managerial ResponsibilityDeryk King 117 119 319,541\* T * The Matching element relates to the Partnership Shares acquired by Deryk Kingon 8 June 2006 and on 13 July 2006. The NAESPP operates as follows -- Each month the Administrator uses participants' contributions (which are from 1% to 5% of base salary but may not exceed $10,000 per participant per year) to purchase shares in the market. These shares are called 'Partnership Shares'. Participants may hold both fractional and whole Partnership Shares. -- For every two Partnership Shares the participants still own after two years, the Company awards one free share. These are called 'Matching Shares'. -- 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. -- The NAESPP is only open to employees of the Company based in Canada and the United States. No other Directors or PDMRs of the Company are participants in the NAESPP. \* TJulia FooCentrica plc01753 494016\* T Copyright Business Wire 2008Related Shares:
Centrica