Monthly SIP notification

RNS Number : 4918A

National Grid PLC

08 October 2009

 



National Grid plc ("NG")

Thursday 8th October 2009

Notification of Directors' Interests

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NG SHARE INCENTIVE PLAN (the "SIP")

Under the SIP, operated through Excellerate HRO UK Limited as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 46,094 NG ordinary shares under the scheme was confirmed by the Trustee today, the shares having been purchased in the market on Wednesday 7th October 2009, at a price of 607 pence per share, on behalf of 3,050 participants.

The following Executive Directors of NG are beneficiaries of the shares purchased on their behalf:

Director	Shares purchased in SIP
Mark Fairbairn	21 Ordinary Shares
Steven Holliday	20 Ordinary Shares

The Directors total interests after these events are:

Director	Resulting total interest
Mark Fairbairn	673,416 Ordinary Shares
Steven Holliday	1,394,514 Ordinary Shares

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

Note: Mark Fairbairn has advised the company that, in accordance with DTR3 and Section 253 Companies Act 2006; his total interest includes a further 20 shares purchased by the SIP Trustee for his partner. 

 

END

 

 

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