Deferred Share Plan- 2012 Award

RNS Number : 4782F

National Grid PLC

15 June 2012

 



15 June 2012

National Grid plc (National Grid)

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Notification of Directors' Interests
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Deferred Share Plan- 2012 Award

Today (15 June 2012) National Grid received a notification from ACS HR Solutions UK Limited, as Administrator of the National Grid Deferred Share Plan.The following Executive Directors were granted an award of Ordinary shares in National Grid (the 'Shares') or American Depositary Shares (ADSs) under the Plan on Thursday 14 June 2012, calculated by reference to a share price of 658.47p or an ADS price of $51.2887.   The awards will vest on the third anniversary of the date of grant (June 2015). The shares will be transferred to participants net of deductions as soon as practicable thereafter.

Awards to the Executive Directors are as follows:

 Director                    Number of ADSs

Tom King                      11,332    

                                  Number of Shares

Andrew Bonfield           55,150 

Steve Holliday              75,933   

Nick Winser                  39,682

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

Director				Number of shares/ADSs
Tom King				271,067 ADSs
Andrew Bonfield				554,026
Steve Holliday				2,193,135
Nick Winser				1,055,838
		Contact: D C Forward, Assistant Secretary  (0207 004 3226)

 

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