2 October 2014
Centrica plc (‘the Company’)
Purchase of ordinary shares, of 614/81 pence (Shares) by the Executive Directors and other Persons Discharging Managerial Responsibility (PDMRs), together the Executives, under the Company’s Share Incentive Plan (SIP).
Equiniti Share Plan Trustees Limited (the Trustee) notified the Company on 2 October 2014 that the following Executives acquired Shares under the SIP on 1 October 2014, held through
|Partnership Shares Acquired||Matching Shares Acquired||Total Shares Acquired|
(pence per share)
This announcement is made following notifications under Disclosure Rule 3.1.2.
The transactions took place in London.
Head of Secretariat, Centrica plc
Centrica Investor Relations: +44 (0)1753 494900
Centrica Media Relations: +44 (0)800 107 7014
The SIP is made available to all UK employees and operates as follows:
- Each month the Trustee uses participants’ contributions (which may not exceed £125 per participant per month) to purchase shares in the market. These shares are called Partnership shares and are registered in the name of the Trustee.
- 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) and these are registered in the name of the Trustee.
- 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.