Director/PDMR Shareholding

RNS Number : 5570C
National Grid PLC
29 June 2016
 

29th June 2016

National Grid plc ('National Grid or the Company' )

_____________________________________________________________

Notification of Directors' and Executive Committee Members Interests

____________________________________________________________

            Long Term Performance Plan

____________________________________________________________

Late Yesterday, National Grid received a notification from the Trustee (UBS Trustees (Jersey) Limited) of the National Grid Long Term Performance Plan. The following Executive Directors and Executive Committee Members were granted an award of shares on 28 June 2016 in National Grid plc (the 'Shares') under the National Grid Long Term Performance Plan, calculated by reference to a share price of 1,021.00p and an ADS price of $69.1825. The extent to which awards will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2019 and shares will be transferred to participants net of deductions.

                                     

Director

Number of Shares/ADSs*

John Pettigrew

282,810

Andrew Bonfield

220,883

Dean Seavers

44,447*

Executive Committee Member


Stephanie Hazell

75,803

Alison Kay

71,947

George Mayhew

61,926

Mike Westcott

88,148

Richard Adduci

14,098*

 

------------------------------------------------------------------------     

The total share interests of the above Directors and Executive Committee Members, following these changes, are:

                                     

Director

Number of Shares/ADSs*

John Pettigrew

     938,777

Andrew Bonfield

  1,396,234

Dean Seavers

136,119*

Executive Committee Member


Stephanie Hazell

287,114

Alison Kay

360,031

George Mayhew

332,609

Mike Westcott

454,283

Richard Adduci

28,380*


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


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHSEWFMAFMSEDM
UK 100