SIP Operation

RNS Number : 8392G
National Grid PLC
08 February 2010
 



National Grid plc ("NG")

 

Monday 8th February 2010

 

Notification of Directors' Interests

 

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

 

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 45,035 NG ordinary shares under the scheme was confirmed by the Trustee today, the shares having been purchased in the market today, at a price of 6.234713 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

20 Ordinary Shares

Steven Holliday

20 Ordinary Shares

 

 

The Directors total interests after these events are:

 

Director

Resulting total interest

Mark Fairbairn

674,948          Ordinary Shares

Steven Holliday

1,395,081      Ordinary Shares

 

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

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 20 shares purchased by the SIP Trustee for his partner. 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSTPMATMBTMBIM
UK 100

Latest directors dealings