24 March 2015
Centrica plc (‘the Company’)
The Company was notified on 23 March 2015 of the following transactions which took place in London and are in respect of Centrica plc ordinary shares of 614/81pence (Shares).
Grant of Options
On 20 March 2015, options were granted to the following Executive Directors and Persons Discharging Managerial Responsibility (‘PDMRs’) at an option price of 200.99 pence per Share under the terms of the Centrica Sharesave Scheme.
|Number of Options Granted||Period during which Exercisable|
|Iain Conn||14,926||1 June 2020 - 30 November 2020|
|Mark Hanafin||8,955||1 June 2018 - 30 November 2018|
|Grant Dawson||14,926||1 June 2020 - 30 November 2020|
|Ian Peters||8,955||1 June 2020 - 30 November 2020|
|Jill Shedden||14,926||1 June 2020 - 30 November 2020|
Exercise of Options
The following share options were exercised on 20 March 2015 by a Person Discharging Managerial Responsibility (PDMR). The share options exercised were Deferred and Matching Share Scheme (DMSS) matching and Long Term Incentive Scheme (LTIS) nil cost options that vested in April 2013 following achievement of the performance conditions. The nil cost options were originally granted in 2010.
|Scheme||Number of share options exercised||
(pence per share)
|Number of Shares sold to cover withholding tax liabilities|
This announcement is made following notification under Disclosure Rule 3.1.2.
Head of Secretariat, Centrica plc
Centrica Investor Relations: +44 (0)1753 494900
Centrica Media Relations: 0800 107 7014