REG - Centrica PLC - Director/PDMR Shareholding

CentricaAnnouncement

28/03/2025 16:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250328:nRSb7482Ca&default-theme=true

RNS Number : 7482C  Centrica PLC  28 March 2025

Centrica plc (the "Company")

28 March 2025

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 27 March 2025 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 2025 to 2027.
In assessing the underpin, the Remuneration Committee will consider the
Company's overall performance including financial and non-financial
performance over the course of the vesting period, as well as any material
risk or regulatory failures identified. 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 £1.4647, 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
                                              £1.4647   1,126,510
 d)  Aggregated information

     -        Aggregated volume               1,126,510

     -        Price                           £1,650,000

 e)  Date of the transaction                  27 March 2025
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

 

-        Aggregated volume

-        Price

 

 

 

1,126,510

£1,650,000

 

e)

Date of the transaction

27 March 2025

f)

Place of the transaction

Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name(s)                                  Russell O'Brien
 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 £1.4647, 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
                                              £1.4647   546,186
 d)  Aggregated information

     -        Aggregated volume               546,186

     -        Price                           £800,000

 e)  Date of the transaction                  27 March 2025
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

 

-        Aggregated volume

-        Price

 

 

 

546,186

£800,000

 

e)

Date of the transaction

27 March 2025

f)

Place of the transaction

Outside a trading venue

 

Acquisition of Shares

On 27 March 2025, Shares were acquired by Executive Directors as a result of
the Annual Incentive Plan award relating to the 2024 financial year.  The
Shares are subject to a three-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                Ordinary Shares acquired as a deferred award under the Annual Incentive Plan
                                              relating to the 2024 financial year.
 c)  Price(s) and volume(s)                   Price       Volume
                                              £1.485727   467,574
 d)  Aggregated information

     -        Aggregated volume               467,574

     -        Price                           £694,687.32

 e)  Date of the transaction                  27 March 2025
 f)  Place of the transaction                 Outside a trading venue

d)

Aggregated information

 

-        Aggregated volume

-        Price

 

 

 

467,574

£694,687.32

 

e)

Date of the transaction

27 March 2025

f)

Place of the transaction

Outside a trading venue

 

 Details of the person discharging managerial responsibilities/person closely
 associated
 Name(s)                             Russell O'Brien
 Reason for the notification
 Position/status                     Executive Director
 Initial notification/Amendment      Initial Notification
 Details of the issuer, emission allowance market participant, auction
 platform, auctioneer or auction monitor
 Name                                Centrica plc
 LEI                                 E26EDV109X6EEPBKVH76
 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
 Description of the financial        Ordinary Shares of 6 (14)/(81) pence

 instrument, type of instrument

 Identification code

                                     GB00B033F229
 Nature of the transaction           Ordinary Shares acquired as a deferred award under the Annual Incentive Plan
                                     relating to the 2024 financial year.
 Price(s) and volume(s)              Price       Volume
                                     £1.485727   241,990
 Aggregated information

 -        Aggregated volume          241,990

 -        Price                      £359,531.08

 Date of the transaction             27 March 2025
 Place of the transaction            Outside a trading venue

Aggregated information

 

-        Aggregated volume

-        Price

 

 

 

241,990

£359,531.08

 

Date of the transaction

27 March 2025

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
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHPPUAWWUPAGWR