Director/PDMR Shareholding

RNS Number : 7062D
National Grid PLC
07 December 2009
 



National Grid plc ("NG")


Monday 7th December 2009


Notification of Directors' Interests


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NG SHARE INCENTIVE PLAN (the "SIP")


Under the SIP, operated through Excellerate HRO UK Limited as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 42,606 NG ordinary shares under the scheme was confirmed by the Trustee today, the shares having been purchased in the market today, at a price of 6.483208 pence per share, on behalf of some 3,000 participants.


The following Executive Directors of NG are beneficiaries of the shares purchased on their behalf:


Director

Shares purchased in SIP

Mark Fairbairn

19 Ordinary Shares

Steven Holliday

19 Ordinary Shares



The Directors total interests after these events are:


Director

Resulting total interest

Mark Fairbairn

673,495     Ordinary Shares

Steven Holliday

1,394,554     Ordinary Shares


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


Note: Mark Fairbairn has advised the company that, in accordance with DTR3 and Section 253 Companies Act 2006; his total interest includes a further 19 shares purchased by the SIP Trustee for his partner. 



This information is provided by RNS
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