Deferred Share Plan-2009 Award Release

RNS Number : 2214F

National Grid PLC

12 June 2012

 



12 June 2012

National Grid plc (National Grid)

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Notification of Directors' Interests
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Deferred Share Plan-2009 Award Release

Earlier today, National Grid received a notification from ACS HR Solutions Share Plan Services (Guernsey) Limited, as Trustee of the National Grid Group Employee Share Trust (the 'Trust') confirming that the 2009 awards made to Executive Directors under the National Grid Deferred Share Plan were released on the third anniversary (11 June 2012) of the date of the awards in accordance with the plan rules.  The shares that have been transferred to UK participants by the Trustee were purchased on the date of grant (11 June 2009) and held until release by the Trustee acting in a capacity of nominee, statutory deductions having been made at the time of the award. The ADSs released to US participants by the Trustee are net of shares sold to cover statutory deductions.

The shares released to Executive Directors are as follows:

Director	Number of Shares/ADSs
Tom King	ADSs - 9,306
Steve Holliday	Shares- 96,544
Nick Winser	Shares- 47,325

The total share interests of the above directors, following these changes, are:

Director			Number of shares/ADSs
Tom King			ADSs- 259,735
Steve Holliday			Shares- 2,117,202
Nick Winser			Shares- 1,016,156
	Contact: D C Forward, Assistant Secretary (0207 004 3226)

 

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