TIDMCNA 
 
 

23 May 2016

 

Centrica plc ('the Company')

 

Notification of Transaction of a Person Discharging Managerial Responsibility

 

Acquisition of ordinary shares of 614/81 pence ('Shares') by a Person Discharging Managerial Responsibility ('PDMR') under the Company's North American Employee Share Purchase Plan ('NAESPP').

 

Computershare Trust Company of Canada Inc ('the Administrator') notified the Company on 20 May 2016 that the following PDMR acquired Shares under the NAESPP on 19 May 2016, held by the Administrator on behalf of the PDMR:

 
PDMR         Matching Shares Awarded  Share Price 
                                      (pence per share) 
Badar Khan   198.723636               238.00 
 
 

This announcement is made following notification under Disclosure Rule 3.1.2.

 

The transaction took place in London.

 

Nicola Carroll

 

Head of Secretariat, Centrica plc

 
Enquiries: 
Centrica Investor Relations: +44 (0)1753 494900 
Centrica Media Relations: +44 (0)1753 494105 
 
 

Notes:

 

The NAESPP operates as follows:

 
 
    -- Each month the Administrator uses participants' contributions (between 

1% and 5% of base salary limited to a maximum investment of $10,000

per annum) to purchase shares in the market. These shares are called Partnership

Shares and are registered in the name of the participant.

Participants may hold both fractional and whole Partnership Shares.

 
    -- For every two Partnership Shares participants still own after two 

years the Company awards one Matching Share on the second

anniversary of the Partnership Shares purchase.

 
    -- Participants may change their monthly savings rate whenever they wish. 

However, Directors and others bound by the Company's Share 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 open to employees who have continuous service with the 

Company's North American participating companies.

 
 

View source version on businesswire.com: http://www.businesswire.com/news/home/20160523005567/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

May 23, 2016 05:45 ET (09:45 GMT)

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