Director/PDMR Shareholding

RNS Number : 0201I

National Grid PLC

03 March 2010

 



3 March 2010

National Grid plc (National Grid)

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Notification of Directors' Interests
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Deferred Share Plan-2007 Award Release

Yesterday, the Trustee of the National Grid Group Employee Share Trust notified the Company of the early release and transfer on 1 March 2010 of the 2007 award made to Executive Directors, and other participants under the National Grid Deferred Share Plan. The released shares will be held on a restricted basis until their originally scheduled release date of the third anniversary (14 June 2010) of the award. The number of shares disclosed below that have been transferred to participants by the Trustee is the net number following sales to cover statutory deductions.

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Director	Number of Shares
Mark Fairbairn	8,170
Steve Holliday	25,001
Steve Lucas	17,248
Nick Winser	15,080

Note: Mark Fairbairn has advised the company that, in accordance with DTR3 and Section 253 Companies Act 2006; his total interest includes a further 2,258 shares released by the Trustee under the Plan for his partner.

Performance Share Plan-2006 Award Release

Yesterday, the Trustee of the National Grid Group Employee Share Trust notified the Company of the early release and transfer on 1 March 2010 of the 2006 award made to Executive Directors, and other participants under the National Grid Performance Share Plan. The released shares will be held on a restricted basis until their originally scheduled release date (27 June 2010). The number of shares disclosed below that have been transferred to participants by the Trustee is the net number following sales to cover statutory deductions.

Director	Number of Shares
Mark Fairbairn	23,904
Steve Holliday	74,700
Steve Lucas	59,760
Nick Winser	52,290

Note: Mark Fairbairn has advised the Company that, in accordance with DTR3 and Section 253 Companies Act 2006; his total interest includes a further 7,917 shares released by the Trustee under the Plan for his partner.

The total share interests of the above directors, following these changes, are:

Director				Number of shares
Mark Fairbairn				662,758
Steve Holliday				1,325,559
Steve Lucas				796,058
Nick Winser				738,848
		Contact: R W Kerner  Assistant Secretary (0207 004 3223)

 

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