Directors' Dealings

National Grid Group PLC 8 March 2000 QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST (Quest) (Notification Of Directors' Interests pursuant to Section 324(2) of The Companies Act 1985) On 7 March 2000, each of the Executive Directors of NGG (S J Box, W Gerretsen, D H Jones and R J Urwin) technically ceased to be interested in 23,315 NGG Ordinary shares by virtue of the Quest transferring the shares to employees. (Note: For Companies Act purposes, the Executive Directors of NGG are deemed to have a technical interest in the shares held in NGG's Quest, together with all participating employees. The interest ceases when shares are transferred to participants who exercise their Sharesave scheme options.) Contact: D C Forward, Assistant Secretary (0171 620 8920).
UK 100

Latest directors dealings