Director/PDMR Shareholding

RNS Number : 1654X

National Grid PLC

01 December 2010

 



1^st December 2010

National Grid plc ('National Grid or the Company')

_____________________________________________________________

Notification of Director's Interests

____________________________________________________________

            Performance Share Plan

____________________________________________________________

On 30 November 2010, National Grid received a notification from ACS HR Solutions Share Plan Services (Guernsey) Limited, as Trustee of the National Grid Group Employee Share Trust (the 'Trust') which is operated in conjunction with the National Grid Performance Share Plan.The following director was granted an award of shares on 30 November 2010 in National Grid plc (the 'Shares') under the National Grid Performance Share Plan, calculated by reference to a share price of 570.9098p. The extent to which awards will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest on 1 July 2013 and will be transferred to the participant net of deductions on 30 November 2014.

Director                           Number of Shares

Andrew Bonfield

236,464

------------------------------------------------------------------------     

The total share interest of Andrew Bonfield is 236,464 shares following the above.

Contact: Robin Kerner, Assistant Secretary (020 7004 3223)

 

END

 

 

RDSFSLFFFFSSEEE