National Grid plc ('NG')
8th October 2008
Notification of Directors' Interests
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NG SHARE INCENTIVE PLAN (the 'SIP')
Under the SIP scheme, operated through Excellerate HRO UK Limited as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 39,374 NG ordinary shares under the scheme was confirmed by the Trustee yesterday, the shares having been purchased in the market on Tuesday 7th October, at a price of 704.2949 pence per share, on behalf of some 3,000 participants.
The following Executive Directors of NG are beneficiaries of the shares purchased on their behalf:
Director |
Shares purchased in SIP |
Mark Fairbairn |
17 Ordinary Shares |
Steven Holliday |
18 Ordinary Shares |
The Directors total interests after these events are:
Director |
Resulting total interest |
Mark Fairbairn |
490,149 Ordinary Shares |
Steven Holliday |
1,037,525 Ordinary Shares |
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Contact: R Kerner, Assistant Secretary - Share Schemes - (0207 004 3223)