Director/PDMR Shareholding
Updated : 17:45
Centrica plc (the "Company")
12 July 2024
Notification of Transactions of Directors
The Company announces the following transactions on 12 July 2024 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 14 June 2021 vested today, 12 July 2024.
As reported in the Company's 2023 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 2021 to 31 December 2023. The vesting outcome was 85% 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 instrument, type of instrument
Identification code | Ordinary Shares of 6 14/81 pence
GB00B033F229 | ||||
b) | Nature of the transaction | Vesting on 12 July 2024 of nil cost conditional award granted on 14 June 2021 under the LTIP. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume - Price
|
3,993,838 Nil
| ||||
e) | Date of the transaction | 12 July 2024 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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 6 14/81 pence
GB00B033F229 | ||||
b) | Nature of the transaction | 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) |
| ||||
d) | Aggregated information
- Aggregated volume - Price
|
1,880,866 £1.38419
| ||||
e) | Date of the transaction | 12 July 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
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.