Director/PDMR Shareholding

RNS Number : 5041R

National Grid PLC

29 June 2015

 



29^th June 2015

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

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Notification of Directors' Interests

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            Long Term Performance Plan

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Today, National Grid received a notification from the Trustee (UBS Trustees (Jersey) Limited) of the National Grid Long Term Performance Plan. The following Executive Directors were granted an award of shares on 25 June 2015 in National Grid plc (the 'Shares') under the National Grid Long Term Performance Plan, calculated by reference to a share price of 851.4688p and an ADS price of $66.9618. 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 in July 2018 and shares will be transferred to participants net of deductions.

            Director                      Number of Shares/ADSs*

1.	Steve Holliday	425,440
2.	Andrew Bonfield	259,668
3.	John Pettigrew	179,072
4.	Dean Seavers	*44,801

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

            Director                      Number of Shares/ADSs*

1.	Steve Holliday	2,861,509
2.	Andrew Bonfield	1,298,858
3.	John Pettigrew	667,406
4.	Dean Seavers	*46,026

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

 

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