Director/PDMR Shareholding

RNS Number : 0159H

National Grid PLC

13 June 2013

 



13 June 2013

Director's Interests in National Grid plc (NG.) Ordinary Shares

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Exercise of Options

National Grid Share Matching Plan

Today, share plan trustees confirmed transactions took place on 12 June 2013 by Steve Holliday, Chief Executive, in NG. ordinary shares as follows:

Trust	Grant	Share Plan	Transaction	Exercise price	No. of NG. ordinary shares
National Grid 1996 Employee Benefit Trust	June 2003	National Grid Share Matching Scheme	Option Exercise of Matching Award	£1.00 total  across all options	16,092
National Grid Employee Share Trust	May 2004	National Grid Share Matching Scheme	Option Exercise of Matching Award	Nil	21,383

These shares are retained by Steve in full, under beneficial ownership, with him meeting all statutory deductions from his own funds.

In addition, Steve retains the beneficial ownership of 10,073 and 13,378 ordinary shares representing the qualifying shares purchased in June 2003 and May 2004 respectively on which the original matching awards were made, together with shares received from dividend reinvestment on those purchased shares whilst held in trust.

Steve Holliday's total interest remains the same and is over 2,157,307 ordinary shares. Steve Holliday's shareholding continues to exceed the Company's share ownership guidelines.

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Contact: R.Kerner, Assistant Secretary-Share Schemes

0207 004 3223

 

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