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Centrica PLC — Director's Dealing 2018
May 9, 2018
5292_dirs_2018-05-09_65ffe78b-f770-40b6-91d0-088f0c235cb7.html
Director's Dealing
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RNS Number : 5544N
Centrica PLC
09 May 2018
9 May 2018
Centrica plc
Notification of Transactions of Directors
Centrica plc (the "Company") announces that it was notified of the following transactions in respect of the Company's ordinary shares of 614/81 pence ("Shares") by Executive Directors.
The following notifications, made pursuant to Article 19 of the Market Abuse Regulation, provide further details.
(i) Vesting of Award - Long Term Incentive Plan
On 8 May 2018, awards vested under the Centrica Long Term Incentive Plan. The awards were granted on 6 May 2015.
The vesting of the awards was subject to the satisfaction of performance conditions. Following the sale of Shares for tax, the remaining Shares are subject to a two-year mandatory holding period until 6 May 2020.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name(s)
Iain Conn
Mark Hanafin
Mark Hodges
2
Reason for the notification
a)
Position/status
Executive Directors
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 614/81 pence
GB00B033F229
b)
Nature of the transaction
Sale of Shares for tax following the vesting of awards under the Centrica Long Term Incentive Plan that were granted on 6 May 2015. The remaining Shares are subject to a two-year mandatory holding period.
c)
Price(s) and volume(s)
| Executive Director | Number of vested Shares | Number of Shares sold to cover statutory withholding liabilities | Price |
| Iain Conn | 280,842 | 132,261 | 153.6p |
| Mark Hanafin | 189,757 | 89,365 | 153.6p |
| Mark Hodges | 189,757 | 89,365 | 153.6p |
d)
Aggregated information
- Aggregated volume
- Price
- Total
As noted in (4c) above
As noted in (4c) above
As noted in (4c) above
e)
Date of the transaction
8 May 2018
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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