SIP operation

RNS Number : 5903E

National Grid PLC

08 April 2011

 



National Grid plc ("NG")

8^th April 2011

Notification of Directors' Interests

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NG SHARE INCENTIVE PLAN (the "SIP")

Under the SIP, operated through ACS HR Solutions UK Ltd as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 47,175 NG ordinary shares under the scheme was confirmed by the Trustee yesterday, the shares having been purchased in the market yesterday, at a price of 593.3415 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
Steven Holliday	21 Ordinary Shares
Andrew Bonfield	21 Ordinary Shares

The Directors total interests after these events are:

Director	Resulting total interest
Steven Holliday	2,019,931      Ordinary Shares
Andrew Bonfield	239,950      Ordinary Shares

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

 

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