Centrica PLC Director/PDMR Shareholding
13 July 2024 - 2:45AM
RNS Regulatory News
RNS Number : 3020W
Centrica PLC
12 July 2024
Centrica plc (the
"Company")
12 July
2024
Notification of Transactions
of Directors
The Company announces the
following transactions on 12 July 2024 in respect of the Company's
Ordinary Shares of 6 14/81 pence
("Shares").
The following notification, made
pursuant to Article 19 of the Market Abuse Regulation, provides
further details.
Vesting of Award - Long Term Incentive Plan
Awards granted under Centrica plc's
Long Term Incentive Plan ("LTIP") on 14 June 2021 vested today, 12
July 2024.
As reported in the Company's 2023
Annual Report and Accounts, the vesting of the award was subject to
the satisfaction of performance conditions assessed over the
three-year period from 1 January 2021 to 31 December 2023. The
vesting outcome was 85% of the original award.
Following the sale of Shares to cover
statutory withholding liabilities, the remaining Shares will be
held for a mandatory two-year holding period.
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name(s)
|
Chris O'Shea
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Executive Director
|
|
b)
|
Initial
notification/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Centrica plc
|
|
b)
|
LEI
|
E26EDV109X6EEPBKVH76
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary Shares of
6 14/81 pence
GB00B033F229
|
|
b)
|
Nature of the transaction
|
Vesting on 12 July 2024 of nil cost
conditional award granted on 14 June 2021 under the
LTIP.
|
|
c)
|
Price(s) and volume(s)
|
|
Number of Shares
vested
|
Price (£)
|
|
3,993,838
|
Nil
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
3,993,838
Nil
|
|
e)
|
Date of the transaction
|
12 July 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary Shares of
6 14/81 pence
GB00B033F229
|
|
b)
|
Nature of the transaction
|
Sale of Shares to cover statutory
withholding liabilities. The remaining Shares are subject to a
mandatory two-year holding period.
|
|
c)
|
Price(s) and volume(s)
|
|
Number of Shares sold to
cover statutory withholding liabilities
|
Sale Price
(£)
|
|
1,880,866
|
£1.38419
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
1,880,866
£1.38419
|
|
e)
|
Date of the transaction
|
12 July 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
Centrica
plc is listed on the London Stock Exchange (CNA)
Registered Office: Millstream, Maidenhead Road, Windsor,
Berkshire SL4 5GD
Registered in England & Wales number: 3033654
Legal
Entity Identifier number: E26EDV109X6EEPBKVH76
ISIN
number: GB00B033F229
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