Director/PDMR Shareholding

RNS Number : 5935J

National Grid PLC

13 December 2022

 

13 December 2022

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 grant of options to the following PDMRs, under the Company's Sharesave Plan ('SAYE').

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

The Company also announces a correction to the announcement made on 29 December 2021. Due to an administration error, it was incorrectly announced that Ben Wilson, Chief Strategy and External Affairs Officer, was granted an option over Ordinary shares under the 2021/22 Sharesave Plan. The amended announcement is included below in full.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Will Serle
2	Reason for the notification
a)	Position/status	Group Chief People & 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	Grant of a 5 year option over Ordinary shares under the National Grid 2022/23 Sharesave Plan which will first become exercisable 1 April 2028.
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.06 3,722
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2022.12.13
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ben Wilson
2	Reason for the notification
a)	Position/status	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	Grant of a 5 year option over Ordinary shares under the National Grid 2022/23 Sharesave Plan which will first become exercisable 1 April 2028.
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.06 3,722
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2022.12.13
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ben Wilson
2	Reason for the notification
a)	Position/status	Chief Strategy and External Affairs Officer
b)	Initial notification /Amendment	Amendment
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	Grant of a 5 year option over Ordinary shares under the National Grid 2021/22 Sharesave Plan which will first become exercisable 1 April 2027.
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.03 0
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2021.12.24
f)	Place of the transaction	Outside a Trading Venue

 

END

 

 

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