TIDMCNA
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 3 November 2009 that:
(1) The following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SIP on 2 November 2009 held through the Trustee:
Number Aggregate Shares held
Of Shares Beneficially (across
all accounts
Directors Acquired* following acquisition)
Phil Bentley 73 1,278,909
Sam Laidlaw 73 1,206,267
Nick Luff 73 509,508
Chris Weston 73 417,198
Mark Hanafin 72 150,838
Persons Discharging Managerial
Responsibility
Grant Dawson 73 391,234
Catherine May 73 116,123
Anne Minto 73 429,113
* The 'Number of Shares Acquired' includes 50 Partnership shares acquired at 246.89 pence per share (51 Partnership shares for Phil Bentley, Grant Dawson, Sam Laidlaw, Nick Luff, Catherine May, Anne Minto and Chris Weston with a higher residual balance) and 22 Matching shares acquired at 248.7 pence per share. Both Partnership and Matching elements are registered in the name of the Trustee.
(2) They had transferred 7,000 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 November'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 GBP125 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.
Pamela ColesCentrica plc01753 494006