Director/PDMR Shareholding

RNS Number : 1847Q

National Grid PLC

15 June 2015

 



15 June 2015

National Grid plc (National Grid)

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Notification of Directors' Interests
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National Grid Annual Performance Plan- 2015 Award

Today, National Grid received notification from UBS Limited, pursuant to the  National Grid plc Annual Performance Plan ("APP"), that Ordinary shares in National Grid (the 'Shares') or American Depositary Shares (ADSs) were purchased in the market  under the APP on Thursday 11 June 2015, at a share price of 861.70p or an ADS price of $66.9936. These Awards relate to 50% of the APP awards for 2014/15 being paid in shares, which (after tax on the gross cash award) must be retained until shareholding requirement is met, and in any event for two years after receipt. These awards are subject to clawback and malus provisions. The Shares and ADSs have been transferred to participants.

Awards to the Executive Directors are as follows:

Director	Number of Shares/ADSs
Steve Holliday	37,016 Shares
Andrew Bonfield	26,133 Shares
John Pettigrew	16,140 Shares
Dean Seavers	1,225 ADSs

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

Director	Number of Shares/ADSs
Steve Holliday	2,472,191 Shares
Andrew Bonfield	1,065,425 Shares
John Pettigrew	493,896 Shares
Dean Seavers	1,225 ADSs

Contact: R Kerner, Assistant Secretary (0207 004 3223)

 

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