SIP Operation

RNS Number : 6967Q
National Grid PLC
08 November 2012
 



National Grid plc ("NG")

 

8th November 2012

 

Notification of Directors' Interests

 

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NG SHARE INCENTIVE PLAN (the "SIP")

 

Under the SIP, operated through ACS HR Solutions UK Ltd as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 40,466 NG ordinary shares under the scheme was confirmed by the Trustee late yesterday, the shares having been purchased in the market on 7th November 2012, at a price of 704.5 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

Steven Holliday

18 Ordinary Shares

Andrew Bonfield

18 Ordinary Shares

 

 

The Directors total interests after these events are:

 

Director

Resulting total interest

Steven Holliday

            2,156,583 Ordinary Shares

Andrew Bonfield

           767,211 Ordinary Shares

 

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

 

 


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