Director/PDMR Shareholding

RNS Number : 1013M

National Grid PLC

18 May 2010

 



18 May 2010

National Grid plc (National Grid)

Notification of Changes in Directors' Interests

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Executive Share Option Plan - Lapse of Awards

The Trustee of the National Grid 1996 Employee Benefit Trust late yesterday confirmed that the following awards made to Executive Directors under the National Grid Executive Share Option Plan, in the June 2000 operation of the Plan at 531.5p per share, have lapsed in full, effective at the 31 March 2010 year end:

Director	Number of shares over which award granted- and fully lapsed
Mark Fairbairn	33,489
Nick Winser	19,755

These awards were subject to a performance condition. However the performance condition was not satisfied.

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

Mark Fairbairn	634,104
Nick Winser	719,093

Contact: Robin Kerner, Assistant Secretary, Shareschemes (0207 004 3223)

 

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