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26 June 2025 23:03:03
- Source: Sharecast
Centrica plc (the "Company")
26 June 2025
Notification of Transactions of Directors
The Company announces the following transactions on 23 June 2025 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
Restricted Share Plan (RSP) awards granted under Centrica plc's Long Term Incentive Plan on 23 June 2022 vested on 23 June 2025.
As reported in the Company's 2024 Annual Report and Accounts, the vesting of the RSP award was subject to a performance underpin assessed over the three-year period from 1 January 2022 to 31 December 2024. The Committee concluded that the RSP award would vest in full.
Following the sale of Shares to cover statutory withholding liabilities, the remaining Shares will be held for a mandatory two-year holding period.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name(s) |
Chris O'Shea |
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2 |
Reason for the notification |
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a) |
Position/status |
Executive Director |
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b) |
Initial notification/Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Centrica plc |
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b) |
LEI |
E26EDV109X6EEPBKVH76 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 6 14/81 pence
GB00B033F229 |
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b) |
Nature of the transaction |
Vesting on 23 June 2025 of nil cost conditional award granted on 23 June 2022 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. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
- Aggregated volume - Price
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1,637,029 Nil
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e) |
Date of the transaction |
23 June 2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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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 |
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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. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
- Aggregated volume - Price
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770,946 £1.677391
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e) |
Date of the transaction |
23 June 2025 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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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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