REG - Centrica PLC - Director/PDMR Shareholding

CentricaAnnouncement

24/06/2022 11:30

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RNS Number : 1247Q  Centrica PLC  24 June 2022

Centrica plc (the "Company")

24 June 2022

Notification of Transactions of Directors

The Company announces the following transactions in respect of the Company's
Ordinary Shares of 6(14/81) pence ("Shares") relating to Executive Directors.

The following notifications, made pursuant to Article 19 of the Market Abuse
Regulation, provide further details.

Grant of Awards

Restricted Share Plan (RSP) awards of Shares were granted on 23 June 2022 to
two Executive Directors.

The awards were granted under the terms of the Centrica Long Term Incentive
Plan.

Release of the RSP awards is subject to continued employment and the
satisfaction of an underpin, assessed over the three-year period 2022 to
2024.  In assessing the underpin, the Remuneration Committee will consider
the Company's overall performance including financial and non-financial
performance measures over the course of the vesting period, as well as any
material risk or regulatory failures identified.  Financial performance will
include elements such as revenue, profitability, shareholder experience and
return on capital. Non-financial performance will include a range of
operational and strategic measures critical to the Company's long-term
sustainable success.  Post vesting, the Shares are subject to a mandatory
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             Ordinary Shares of 6(14/81) pence

     instrument, type of instrument

     Identification code                      GB00B033F229
 b)  Nature of the transaction                Grant of RSP Award under the Centrica Long Term Incentive Plan.

                                              The number of Shares calculated by reference to a price of 79.6p, 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
                                              79.6p  1,496,336
 d)  Aggregated information

     -        Aggregated volume               1,496,336

     -        Price                           79.6p

 e)  Date of the transaction                  23 June 2022
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

 

-        Aggregated volume

-        Price

 

 

 

1,496,336

79.6p

 

e)

Date of the transaction

23 June 2022

f)

Place of the transaction

Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name(s)                                  Kate Ringrose
 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                Grant of RSP Award under the Centrica Long Term Incentive Plan.

                                              The number of Shares calculated by reference to a price of 79.6p, 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
                                              79.6p  724,033
 d)  Aggregated information

     -        Aggregated volume               724,033

     -        Price                           79.6p

 e)  Date of the transaction                  23 June 2022
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

 

-        Aggregated volume

-        Price

 

 

 

724,033

79.6p

 

e)

Date of the transaction

23 June 2022

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

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