Director/PDMR Shareholding

National Grid PLC

14 June 2024

 

14 June 2024

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

Notification of Transactions of Persons Discharging Managerial Responsibilities ('PDMRs')

This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR'). In accordance with MAR, the relevant Financial Conduct Authority ('FCA') notifications are set out below.

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Adjustment to share options held under the National Grid plc Sharesave plan to reflect the impact of the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 12
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
John Pettigrew	Chief Executive Officer	£Nil	451	N/A Single Transaction
Andy Agg	Chief Financial Officer	£Nil	461	N/A Single Transaction
Ben Wilson	Chief Strategy and Regulation Officer	£Nil	398	N/A Single Transaction
Will Serle	Chief People and Culture Officer	£Nil	398	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Acquisition of shares as part of a tailswallow under the Share Incentive Plan pursuant to the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 12
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
John Pettigrew	Chief Executive Officer	£6.45	456	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Sale of rights as part of a tailswallow under the Share Incentive Plan pursuant to the 2024 Rights Issue in order to take up the remainder of rights.
Date of Transaction	2024 - 06 - 03
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
John Pettigrew	Chief Executive Officer	£2.05788	1,432	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Sale of rights under the Share Incentive Plan pursuant to the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 03
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
Andy Agg	Chief Financial Officer	£2.05788	1,335	N/A Single Transaction
Ben Wilson	Chief Strategy and Regulation Officer	£2.05788	63	N/A Single Transaction
Will Serle	Chief People and Culture Officer	£2.05788	97	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Adjustment to 2021 share awards held under the Long Term Performance Plan to reflect the impact of the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 12
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
John Pettigrew	Chief Executive Officer	£Nil	42,646	N/A Single Transaction
Andy Agg	Chief Financial Officer	£Nil	23,432	N/A Single Transaction
Justine Campbell	Group General Counsel and Company Secretary	£Nil	11,989	N/A Single Transaction
Ben Wilson	Chief Strategy and Regulation Officer	£Nil	11,036	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Adjustment to 2022 share awards held under the Long Term Performance Plan to reflect the impact of the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 12
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
John Pettigrew	Chief Executive Officer	£Nil	38,263	N/A Single Transaction
Andy Agg	Chief Financial Officer	£Nil	21,584	N/A Single Transaction
Justine Campbell	Group General Counsel and Company Secretary	£Nil	10,757	N/A Single Transaction
Ben Wilson	Chief Strategy and Regulation Officer	£Nil	10,512	N/A Single Transaction
Will Serle	Chief People and Culture Officer	£Nil	9,569	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Adjustment to 2023 share awards held under the Long Term Performance Plan to reflect the impact of the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 12
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
John Pettigrew	Chief Executive Officer	£Nil	40,673	N/A Single Transaction
Andy Agg	Chief Financial Officer	£Nil	22,945	N/A Single Transaction
Justine Campbell	Group General Counsel and Company Secretary	£Nil	11,435	N/A Single Transaction
Ben Wilson	Chief Strategy and Regulation Officer	£Nil	11,175	N/A Single Transaction
Will Serle	Chief People and Culture Officer	£Nil	10,171	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Adjustment to a 2022 share award held under the Retention Award Plan to reflect the impact of the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 12
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
Will Serle	Chief People and Culture Officer	£Nil	1,931	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Acquisition of shares as part of a tailswallow under Equiniti's Global Nominee service pursuant to the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 12
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
John Pettigrew	Chief Executive Officer	£6.45	39,291	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Sale of rights as part of a tailswallow under Equiniti's Global Nominee service in relation to the 2024 Rights Issue in order to take up the remainder of rights.
Date of Transaction	2024 - 06 - 03
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
John Pettigrew	Chief Executive Officer	£2.05788	123,150	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Acquisition of shares under Equiniti's Global Nominee service pursuant to the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 12
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
John Pettigrew	Chief Executive Officer	£6.45	285,800	N/A Single Transaction
Andy Agg	Chief Financial Officer	£6.45	136,945	N/A Single Transaction
Justine Campbell	Group General Counsel and Company Secretary	£6.45	35,150	N/A Single Transaction
Ben Wilson	Chief Strategy and Regulation Officer	£6.45	8,642	N/A Single Transaction
Will Serle	Chief People and Culture Officer	£6.45	9,129	N/A Single Transaction

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	National Grid plc
LEI	8R95QZMKZLJX5Q2XR704
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Ordinary shares of 12 204/473p each
Identification code	GB00BDR05C01
Nature of the transaction	Acquisition of shares pursuant to the 2024 Rights Issue.
Date of Transaction	2024 - 06 - 12
Place of Transaction	London Stock Exchange (XLON)

Name	Position/Status	Price (s)	Volume(s)	Aggregated information
Paula Rosput Reynolds	Chair	£6.45	2,916	N/A Single Transaction
Ian Livingston	Non-executive Director and Senior Independent Director	£6.45	536	N/A Single Transaction
Tony Wood	Non-executive Director	£6.45	583	N/A Single Transaction
Andy Agg	Chief Financial Officer	£6.45	402	N/A Single Transaction
Jacqueline Agg	Closely Associated Person of Andy Agg	£6.45	407	N/A Single Transaction

 

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