Centrica PLC Director/PDMR Shareholding (4673X)

TIDMCNA

RNS Number : 4673X

Centrica PLC

10 August 2018

10 August 2018

Centrica plc

Notification of Transactions of a Director

Centrica plc (the "Company") announces that it was notified of the following transactions in respect of the Company's ordinary shares of 6(14/81) pence ("Shares") by Executive Directors.

The following notifications, made pursuant to Article 19 of the Market Abuse Regulation, provide further details.

   (i)           Vesting of Award - Long Term Incentive Plan 

On 7 August 2018, an award vested under the Centrica Long Term Incentive Plan. The award was granted on 7 August 2015.

The vesting of the award was subject to the satisfaction of performance conditions. Following the sale of Shares for tax, the remaining Shares are subject to a two-year mandatory holding period until 7 August 2020.

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name(s)                           Jeff Bell 
     --------------------------------  ------------------------------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                   Executive Director 
     --------------------------------  ------------------------------------------------------------------------------- 
 b)   Initial notification/Amendment    Initial Notification 
     --------------------------------  ------------------------------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                              Centrica plc 
     --------------------------------  ------------------------------------------------------------------------------- 
 b)   LEI                               E26EDV109X6EEPBKVH76 
     --------------------------------  ------------------------------------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial      Ordinary Shares of 6(14/81) pence 
       instrument, type of instrument    GB00B033F229 
       Identification code 
     --------------------------------  ------------------------------------------------------------------------------- 
 b)   Nature of the transaction         Sale of Shares for tax following the vesting of an award under the Centrica 
                                        Long Term Incentive 
                                        Plan that was granted on 7 August 2015. The remaining Shares are subject to a 
                                        two-year mandatory 
                                        holding period. 
     --------------------------------  ------------------------------------------------------------------------------- 
 c)   Price(s) and volume(s)              Executive      Number of       Number of      Price 
                                            Director     vested Shares    Shares sold 
                                                                           to cover 
                                                                           statutory 
                                                                          withholding 
                                                                          liabilities 
                                           Jeff Bell           172,013         81,009   146.70p 
                                                       ---------------  -------------  -------- 
     --------------------------------  ------------------------------------------------------------------------------- 
 d)     Aggregated information           As noted in (4c) above 
                                          As noted in (4c) above 
          *    Aggregated volume          As noted in (4c) above 
 
 
          *    Price 
 
 
          *    Total 
     --------------------------------  ------------------------------------------------------------------------------- 
 e)   Date of the transaction           7 August 2018 
     --------------------------------  ------------------------------------------------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (XLON) 
     --------------------------------  ------------------------------------------------------------------------------- 
 

Centrica plc is listed on the London Stock Exchange (CNA)

Registered Office: Millstream, Maidenhead Road, Windsor, Berkshire SL4 5GD

Registered in England & Wales number: 3033654

Legal Entity Identifier number: E26EDV109X6EEPBKVH76

ISIN number: GB00B033F229

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August 10, 2018 06:00 ET (10:00 GMT)