2 September 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 and relates to the acquisition of shares by the following PDMR under the Company's Long Term Performance Plan ("LTPP").
As announced on 2 September 2025 and detailed in the Company's 2025/26 Annual Report & Accounts, following Zoë Yujnovich's appointment to the Board of National Grid plc, a Buyout award was granted under the Company's LTPP to replace remuneration forfeited on leaving her previous employer. The award vests in three equal tranches, and is subject to continued employment, satisfactory conduct and performance and malus and clawback provisions.
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Zoë Yujnovich |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive |
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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National Grid plc |
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b)
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LEI
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8R95QZMKZLJX5Q2XR704 |
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 12 204/473p each
GB00BDR05C01 |
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b)
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Nature of the transaction
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Acquisition of shares following the vesting of the first tranche of a Buyout award under the Company's Long Term Performance Plan.
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price |
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e) |
Date of the transaction |
2026.09.01 |
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f) |
Place of the transaction |
Outside of a trading venue |
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5
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 12 204/473p each
GB00BDR05C01 |
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b)
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Nature of the transaction
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Sale of shares resulting from Long Term Performance Plan ('LTPP') award exercise to cover tax liabilities. |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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e) |
Date of the transaction |
2026.09.01 |
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f) |
Place of the transaction |
Outside of a trading venue |
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