Director/PDMR Shareholding

RNS Number : 7246Y

National Grid PLC

08 September 2009

 



National Grid plc ('NG')

Tuesday 8th September 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 47,138 NG ordinary shares under the scheme was confirmed by the Trustee today, the shares having been purchased in the market on Monday 7th September 2009, at a price of 593.5 pence per share, on behalf of 3,050 participants.

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

Director	Shares purchased in SIP
Mark Fairbairn	21 Ordinary Shares
Steven Holliday	21 Ordinary Shares

The Directors total interests after these events are:

Director	Resulting total interest
Mark Fairbairn	673,375 Ordinary Shares
Steven Holliday	1,394,494 Ordinary Shares

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Contact: Robin Kerner, Assistant Secretary- Share Schemes (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 21 shares purchased by the SIP Trustee for his partner. 

Note: Voting Rights and Capital update

Please note that the announcement issued yesterday in the name of National Grid Gas plc in relation to Total Voting Rights and Capital should have been issued in the name of National Grid plc. The announcement was as follows

'Following a transfer of 33,371 shares held in treasury to Share Scheme participants, National Grid's issued share capital from 7 September 2009 consists of 2,606,666,100 ordinary Shares of which 146,787,219 have been purchased in the market and registered as Treasury Shares, leaving a balance of 2,459,878,881 Shares with voting rights.'

 

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