REG-Centrica PLC Director/PDMR Shareholding
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LONDON--(Business Wire)--
Allotment of ordinary shares of 6 14/81 pence in Centrica plc ("Shares" and the
"Company", respectively) by a Person Discharging Managerial Responsibility
(PDMR) of the Company under its North American Employee Share Purchase Plan
("NAESPP").
The Bank of New York, (the "Administrator"), notified the Company on 5th June
2008 that the following shares were acquired/ allotted and held on behalf of the
following PDMR of the Company under the NAESPP.
-0-
*T
Number Number Number Aggregate Shares
held
of Partnership of Matching* of Matching* Beneficially (across
all accounts
Shares acquired at Shares allotted at Shares allotted at following allotment)
294p/ share on 21 298p/ share on 10 293p/ share on 8
May 2008 April 2008 May 2008
Persons Discharging
Managerial
Responsibility
Deryk King 252 114 114 319,091
*T
* The Matching element relates to the Partnership Shares acquired by Deryk King
on 10 April 2006 and on 8 May 2006.
The NAESPP operates as follows
-- Each month the Administrator uses participants' contributions (which are
from 1% to 5% of base salary but may not exceed $10,000 per participant
per year) to purchase shares in the market. These shares are called
'Partnership Shares'. Participants may hold both fractional and whole
Partnership Shares.
-- For every two Partnership Shares the participants still own after two
years, the Company awards one free share. These are called 'Matching
Shares'.
-- Participants may change their monthly savings rate whenever they wish.
However, Directors and others bound by the Company's Securities Dealing
Code (the "Code") may not make such a change during a close period or
when otherwise prohibited from dealing by the Code.
-- The NAESPP is only open to employees of the Company based in Canada and
the United States. No other Directors or PDMRs of the Company are
participants in the NAESPP.
Julia Foo
Centrica plc
01753 494016
Centrica PLC
Copyright Business Wire 2008
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