Director/PDMR Shareholding

RNS Number : 0435U
National Grid PLC
07 October 2010
 



National Grid plc ("NG")

 

Thursday 7th October 2010

 

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 49,086 NG ordinary shares under the scheme was confirmed by the Trustee on Thursday 7th October, the shares having been purchased in the market today, at a price of 563 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

22 Ordinary Shares

Steven Holliday

22 Ordinary Shares

 

 

The Directors total interests after these events are:

 

Director

Resulting total interest

Mark Fairbairn

1,017,254      Ordinary Shares

Steven Holliday

2,105,207      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 22 shares purchased by the SIP Trustee for his partner.

 


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