Centrica plc Director/PDMR Shareholding
May 23 2016 - 5:45AM
UK Regulatory
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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