SIP Operation

RNS Number : 5887Z
National Grid PLC
08 March 2013
 



National Grid plc ("NG")

 

8th March 2013

 

Notification of Directors' Interests

 

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NG SHARE INCENTIVE PLAN (the "SIP")

 

Under the SIP, operated through Ogier Corporate Services (UK) Ltd as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 38,503 NG ordinary shares under the scheme was confirmed by the Trustee late yesterday, 7th March, the shares having been purchased in the market on the same day, at a price of 735 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

17 Ordinary Shares

Andrew Bonfield

17 Ordinary Shares

 

 

The Directors total interests after these events are:

 

Director

Resulting total interest

Steven Holliday

            2,157,259 Ordinary Shares

Andrew Bonfield

           767,282 Ordinary Shares

 

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

 

 


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