SIP Operation

RNS Number : 6091Y

National Grid PLC

08 July 2008

 



National Grid plc ('NG')

8th July 2008

Notification of Directors' Interests

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NG SHARE INCENTIVE PLAN (the 'SIP')

Under the SIP scheme, operated through Excellerate HRO UK Limited as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 42,174 NG ordinary shares under the scheme was confirmed by the Trustee late yesterday, the shares having been purchased in the market on Monday 7th July, at a price of 658.5 pence per share, on behalf of some 3,000 participants.

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

Director	Shares purchased in SIP
Mark Fairbairn	19 Ordinary Shares
Steven Holliday	19 Ordinary Shares

The Directors total interests after these events are:

Director	Resulting total interest
Mark Fairbairn	489,254 Ordinary Shares
Steven Holliday	1,037,471 Ordinary Shares

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Contact: D C Forward, Assistant Secretary- (0207 004 3226)

 

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