Director/PDMR Shareholding

RNS Number : 4697N

National Grid PLC

28 July 2014

 



28 July 2014

National Grid plc (National Grid)

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Notification of Directors' Interests
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Long Term Performance Plan -2011 Partial Award Release

On Friday 25 July, the Trustee of the National Grid Employee Share Trust (UBS Trustees (Jersey) Limited) confirmed that the 2011 awards made to certain Executive Directors under the National Grid Long Term Performance Plan were released following completion of the three year performance measurement period in respect of the TSR/EPS portion together with dividend shares based upon the value of dividends that would have been paid on the vested shares since the award was granted following approval of the outturns by the Remuneration Committee on 22 July 2014, in accordance with the plan rules.  The number of Shares/ American Depositary Shares ('ADSs') disclosed below that have been transferred to participants by the Trustee are net of Shares/ADSs sold to cover statutory deductions and associated costs.

Director	Number of Shares/ADSs
Steve Holliday	88,127 Shares
Andrew Bonfield	55,838 Shares
Nick Winser	42,582 Shares
John Pettigrew	14,895 Shares
Tom King	10,616 ADSs

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The total share/ADS interests of the above Directors, following these changes, are:

Director	Number of Shares/ADSs
Steve Holliday	2,025,829 Shares
Andrew Bonfield	879,096 Shares
Nick Winser	978,406 Shares
John Pettigrew	312,817 Shares
Tom King	237,352  ADSs

Contact: Robin Kerner, Assistant Secretary (020 7004 3223)

 

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