Centrica PLC Director/PDMR Shareholding
17 Maggio 2024 - 6:00PM
RNS Regulatory News
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 614/81 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
instrument,
type of instrument
Identification code
|
Ordinary Shares of 614/81
pence
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
-
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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END
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