Centrica PLC Director/PDMR Shareholding
26 März 2024 - 4:25PM
RNS Regulatory News
RNS Number : 3809I
Centrica PLC
26 March 2024
Centrica plc (the
"Company")
26 March 2024
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 25 March 2024 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 2024 to 2026. 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
instrument,
type of instrument
Identification code
|
Ordinary Shares of 6
14/81 pence
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 £1.2739, 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
|
|
£1.2739
|
1,006,750
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
1,006,750
£1,282,500
|
|
e)
|
Date of the transaction
|
25 March 2024
|
|
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
instrument,
type of instrument
Identification code
|
Ordinary Shares of 6
14/81 pence
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 £1.2739, 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
|
|
£1.2739
|
578,930
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
578,930
£737,500
|
|
e)
|
Date of the transaction
|
25 March 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Acquisition of
Shares
On 25 March 2024, Shares were acquired by
Executive Directors as a result of the Annual Incentive Plan award
relating to the 2023 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
instrument,
type of instrument
Identification code
|
Ordinary Shares of 6
14/81 pence
GB00B033F229
|
|
b)
|
Nature of the transaction
|
Ordinary Shares acquired as a deferred award
under the Annual Incentive Plan relating to the 2023 financial
year.
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
£1.2686
|
562,135
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
562,135
£713,125
|
|
e)
|
Date of the transaction
|
25 March 2024
|
|
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
instrument,
type of instrument
Identification code
|
Ordinary Shares of 6
14/81 pence
GB00B033F229
|
|
Nature of the transaction
|
Ordinary Shares acquired as a deferred award
under the Annual Incentive Plan relating to the 2023 financial
year.
|
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
£1.2686
|
252,406
|
|
|
Aggregated information
-
Aggregated volume
-
Price
|
252,406
£320,203
|
|
Date of the transaction
|
25 March 2024
|
|
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 or visit
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.
END
DSHPPUWPWUPCGCQ
Centrica (LSE:CNA)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Centrica (LSE:CNA)
Historical Stock Chart
Von Apr 2023 bis Apr 2024
