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RNS Number : 9777O Centrica PLC 17 May 2024
Centrica plc (the "Company")
17 May 2024
Notification of Transactions of Directors
The Company announces that it was notified on 17 May 2024 of the following
transactions 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 17
May 2021 vested today, 17 May 2024.
As reported in the Company's 2022 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 2020 to 31 December 2022. The
vesting outcome was 76% 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 Ordinary Shares of 6(14/81) pence
instrument, type of instrument
Identification code
GB00B033F229
b) Nature of the transaction Vesting on 17 May 2024 of nil cost conditional award granted on 17 May 2021
under the LTIP and subsequent 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 vested Number of Shares sold to cover statutory withholding liabilities Number of Shares retained Sale Price (£)
2,785,622 1,329,135 1,456,487 £1.438679
d) Aggregated information
- Aggregated volume As in 4(c) above.
- Price As in 4(c) above.
e) Date of the transaction 17 May 2024
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
As in 4(c) above.
As in 4(c) above.
e)
Date of the transaction
17 May 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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