Director/PDMR Shareholding

RNS Number : 5589O

National Grid PLC

30 June 2010

 



30^th June 2010

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

_____________________________________________________________

Notification of Directors' Interests

____________________________________________________________

            Performance Share Plan

____________________________________________________________

On 30 June 2010 National Grid received a notification from ExcellerateHRO Share Plan Services (Guernsey) Limited, as Trustee of the National Grid Group Employee Share Trust (the 'Trust'), operated in conjunction with the National Grid Performance Share Plan, the following directors were granted an award of shares on 29 June 2010 in National Grid plc (the 'Shares') under the National Grid Performance Share Plan, calculated by reference to a share price of 494.5076p and an ADS price of $ 37.4465. The extent to which awards will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in June 2013 and will be transferred to participants net of deductions on 29 June 2014.

            Director                      Number of Shares/ADSs*

1.	Steve Holliday	384,220
2.	Steve Lucas	216,579
3.	Mark Fairbairn	190,694
4.	Nick Winser	196,356
5.	Tom King	57,762*

------------------------------------------------------------------------     

The total share interests of the above directors, following these changes, are:

            Director                      Number of Shares/ADSs*

1.	Steve Holliday	2,103,913
2.	Steve Lucas	1,214,129
3.	Mark Fairbairn	1,017,067
4.	Nick Winser	1,148,548
5.	Tom King	255,247*

Contact: Robin Kerner, Assistant Secretary (020 7004 3223)

 

END

 

 

RDSSDLFLSFSSEFM