Director/PDMR Shareholding

RNS Number : 6570N

National Grid PLC

29 July 2014

 



29^th July 2014

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

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Notification of Directors' Interests

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            Long Term Performance Plan

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Today, National Grid received a notification from the Trustee (UBS Trustees (Jersey) Limited) of the National Grid Long Term Performance Plan. The following Executive Directors were granted an award of shares on 29 July 2014 in National Grid plc (the 'Shares') under the National Grid Long Term Performance Plan, calculated by reference to a share price of 881.15p and an ADS price of $74.7032. 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 July 2017 and shares will be transferred to participants net of deductions.

            Director                      Number of Shares/ADSs*

1.	Steve Holliday	348,975
2.	Andrew Bonfield	248,470
3.                 4.	John Pettigrew Tom King	161,720 47,668*

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

            Director                      Number of Shares/ADSs*

1.	Steve Holliday	2,374,804
2.	Andrew Bonfield	1,127,566
3 4.	John Pettigrew Tom King	474,537 285,020*

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

 

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