AI assistant
Centrica PLC — Director's Dealing 2018
Aug 10, 2018
5292_dirs_2018-08-10_63981948-5bda-4218-b56d-d7a70082a65d.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.
RNS Number : 4673X
Centrica PLC
10 August 2018
10 August 2018
Centrica plc
Notification of Transactions of a Director
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 7 August 2018, an award vested under the Centrica Long Term Incentive Plan. The award was granted on 7 August 2015.
The vesting of the award 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 7 August 2020.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name(s)
Jeff Bell
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 614/81 pence
GB00B033F229
b)
Nature of the transaction
Sale of Shares for tax following the vesting of an award under the Centrica Long Term Incentive Plan that was granted on 7 August 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 |
| Jeff Bell | 172,013 | 81,009 | 146.70p |
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
7 August 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
END
DSHGGUBCRUPRURU