Director/PDMR Shareholding

National Grid PLC

16 January 2026

 

16 January 2026

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

Notification of Transactions of Persons Discharging Managerial Responsibilities ('PDMRs')

This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR') and relates to the National Grid 2025/26 interim dividend scrip alternative and dividend reinvestments.

In accordance with MAR the relevant Financial Conduct Authority notifications are set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy Agg
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Acquisition of securities ("dividend shares") under the National Grid Share Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 11.66 74
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2026.01.13
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Courtney Geduldig
2	Reason for the notification
a)	Position/status	Chief Corporate Affairs Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	American Depository Shares     US 6362744095
b)	Nature of the transaction	Acquisition of American Depositary Shares under a dividend reinvestment plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) USD 77.978 22
d)	Aggregated information   - Aggregated volume   - Price
e)	Date of the transaction	2026.01.14
f)	Place of the transaction	New York Stock Exchange (NYSE)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Talvis Love
2	Reason for the notification
a)	Position/status	Chief Information and Digital Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	American Depository Shares     US 6362744095
b)	Nature of the transaction	Acquisition of American Depositary Shares under a dividend reinvestment plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) USD 77.978 123
d)	Aggregated information   - Aggregated volume   - Price
e)	Date of the transaction	2026.01.14
f)	Place of the transaction	New York Stock Exchange (NYSE)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paula Rosput Reynolds
2	Reason for the notification
a)	Position/status	Chair
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	American Depository Shares   US 6362744095
b)	Nature of the transaction	Acquisition of American Depositary Shares under the National Grid Scrip Dividend Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) USD 74.2334 43
d)	Aggregated information   - Aggregated volume   - Price
e)	Date of the transaction	2026.01.13
f)	Place of the transaction	New York Stock Exchange (NYSE)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paula Rosput Reynolds
2	Reason for the notification
a)	Position/status	Chair
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National Grid plc
b)	LEI	8R95QZMKZLJX5Q2XR704
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 12 204/473p each GB00BDR05C01
b)	Nature of the transaction	Acquisition of Ordinary Shares under the National Grid Scrip Dividend Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 11.3040 44
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	2026.01.13
f)	Place of the transaction	London Stock Exchange (XLON)

 

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