Director/PDMR Shareholding

RNS Number : 2880H

National Grid PLC

18 June 2013

 



18 June 2013

National Grid plc (National Grid)

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Notification of Directors' Interests
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National Grid Deferred Share Plan- 2013 Award

Yesterday (17 June 2013), National Grid received notification from UBS Trustees (Jersey) Limited, as Trustee of the trust operating in conjunction with the  National Grid Deferred Share Plan ("DSP"), that the following Executive Directors were granted an award of Ordinary shares in National Grid (the 'Shares') or American Depositary Shares (ADSs) under the DSP on Thursday 13 June 2013, calculated by reference to a share price of 740.92p or an ADS price of $57.972.   The awards will vest on the third anniversary of the date of grant (June 2016). The Shares and ADSs will be transferred to participants net of deductions as soon as practicable thereafter.

Awards to the Executive Directors are as follows:

Director	Number of Shares/ADSs
Tom King	7,119 ADSs
Steve Holliday	57,118 Shares
Andrew Bonfield	45,706 Shares
Nick Winser	33,741 Shares

DSP-2010 Award Release

Earlier today, National Grid received notification from UBS Trustees (Jersey) Limited, as Trustee of the National Grid Group Employee Share Trust (the 'Trust'), confirming that the 2010 awards made to Executive Directors under the DSP were released on 17 June 2013 being the first business day after the third anniversary (15 June 2013) of the date of the awards in accordance with the plan rules.  The number of shares disclosed below that have been transferred to participants by the Trustee are net of shares sold to cover statutory deductions and associated costs.

The Shares and ADSs released to Executive Directors are as follows:

Director	Number of Shares/ADSs
Tom King	11,189  ADSs
Steve Holliday	68,616  Shares
Nick Winser	33,810  Shares

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

Director		Number of shares/ADSs
Tom King		259,977  ADSs
Steve Holliday		2,152,405 Shares
Andrew Bonfield		813,036 Shares
Nick Winser		1,035,289 Shares
	Contact: R Kerner, Assistant Secretary (0207 004 3223)

 

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