AI assistant
Centrica PLC Remuneration Information 2021
5292_def-14a_2021-05-17_22ee3892-689c-4bcf-a72c-bda09e94f219.html
Remuneration Information
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 8774Y
Centrica PLC
17 May 2021
Centrica plc (the "Company")
17 May 2021
Notification of Transactions of Directors
The Company announces that it was notified on 17 May 2021 of the following transactions in respect of the Company's Ordinary Shares of 614/81 pence ("Shares") relating to an Executive Director.
The following notifications, made pursuant to Article 19 of the Market Abuse Regulation, provide further details.
(i) Grant of Awards
An award of Shares was granted on 17 May 2021 to an Executive Director, equivalent to 250% of base salary.
The award was granted under the terms of the Centrica Long Term Incentive Plan and as reported in the 2020 Remuneration Report, is in respect of the three-year performance period 2020-22. This is a conditional award and it is subject to continued employment.
Vesting of the award is subject to the satisfaction of the performance conditions that were disclosed in the 2020 Remuneration Report. Post vesting, the Shares are subject to an additional 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 614/81 pence
GB00B033F229
b)
Nature of the transaction
Grant of Conditional Award under the Centrica Long Term Incentive Plan.
The number of Shares calculated by reference to a price of 55.00p, being the average of the Company's Share price over the five trading days immediately preceding the date of grant.
c)
Price(s) and volume(s)
| Price | Volume |
| 55.00p | 3,522,471 |
d)
Aggregated information
- Aggregated volume
- Price
3,522,471
55.00p
e)
Date of the transaction
17 May 2021
f)
Place of the transaction
Outside a trading venue
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHGPUWUAUPGGWM