Director/PDMR Shareholding

RNS Number : 5835C

National Grid PLC

21 June 2021

 

21 June 2021

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

Notification of Transactions of Persons Discharging Managerial Responsibilities ('PDMRs')

This announcement is made in accordance with Article 19 of the Market Abuse Regulation (MAR) and relates to the following Executive Directors and PDMRs being granted awards under the Company's Annual Performance Plan (APP) on 15 June 2021, which relates to a percentage of the award for 2020/21 being paid in shares, and which (after tax on the gross award) must be retained until the shareholding requirement is met, and in any event for two years after receipt. This award is subject to clawback and malus provisions.

For further details of the APP, please see the Company's 2020/21 Annual Report and Accounts.

In accordance with MAR the relevant Financial Conduct Authority (FCA) notifications are set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy Agg
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 17,676
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jonathan Butterworth
2	Reason for the notification
a)	Position/status	President, UK Gas Transmission
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 4,817
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Justine Campbell
2	Reason for the notification
a)	Position/status	Group General Counsel & Company Secretary
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 2,478
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alice Delahunty
2	Reason for the notification
a)	Position/status	President, UK Electricity Transmission
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 962
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy Doyle
2	Reason for the notification
a)	Position/status	Chief People and Culture Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 5,494
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Adriana Karaboutis
2	Reason for the notification
a)	Position/status	Chief Information and Digital Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	American Depository Shares US 6362744095
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) American Depositary Shares (ADS) were purchased in the market, w hich relates to 33.33% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) USD 65.73 2,017
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	Outside of a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alison Kay
2	Reason for the notification
a)	Position/status	Interim Chief Strategy and External Affairs Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 4,847
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Badar Khan
2	Reason for the notification
a)	Position/status	President, National Grid US
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	American Depository Shares US 6362744095
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) American Depositary Shares (ADS) were purchased in the market, w hich relates to 33.33% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) USD 65.73 2,107
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	Outside of a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Cordi O'Hara
2	Reason for the notification
a)	Position/status	President, National Grid Ventures
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 3,960
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Pettigrew
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 29,604
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lucy Nicola Shaw
2	Reason for the notification
a)	Position/status	President, UK Networks
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 15,347
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2020.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Terence Sobolewski
2	Reason for the notification
a)	Position/status	Interim President, National Grid New England
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	American Depository Shares US 6362744095
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) American Depositary Shares (ADS) were purchased in the market, w hich relates to 33.33% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) USD 65.73 556
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	Outside of a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Wright
2	Reason for the notification
a)	Position/status	Group Chief Engineer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) Ordinary shares were purchased in the market, w hich relates to 50% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 9.2649 2,029
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rudolph Wynter
2	Reason for the notification
a)	Position/status	President, National Grid New York
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	American Depository Shares US 6362744095
b)	Nature of the transaction	Under the National Grid plc Annual Performance Plan (APP) American Depositary Shares (ADS) were purchased in the market, w hich relates to 33.33% of the APP for 2020/21 being paid in shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) USD 65.73 865
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.06.15
f)	Place of the transaction	Outside of a Trading Venue

 

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