SIP Operation

RNS Number : 5584T

National Grid PLC

08 June 2009

 



National Grid plc ('NG')

8th June 2009

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 50,528 NG ordinary shares under the scheme was confirmed by the Trustee today, the shares having been purchased in the market earlier earlier today, Monday 8th June, at a price of 557 pence per share, on behalf of some 3,100 participants.

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

Director	Shares purchased in SIP
Mark Fairbairn	22 Ordinary Shares
Steven Holliday	23 Ordinary Shares

The Directors total interests after these events are:

Director	Resulting total interest
Mark Fairbairn	507,782 Ordinary Shares
Steven Holliday	1,038,559 Ordinary Shares

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

Note: Mark Fairbairn has advised the company that, in accordance with DTR3 and Section 253 Companies Act 2006; his total interest includes a further 23 shares purchased by the SIP Trustee for his partner. 

 

END

 

 

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