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National Grid PLC Director's Dealing 2015

Jun 15, 2015

4816_dirs_2015-06-15_b7c358a7-3e96-4b9a-a178-ae8ab7d0d742.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 1847Q

National Grid PLC

15 June 2015

15 June 2015

National Grid plc (National Grid)

_____________________________________________________________

Notification of Directors' Interests

____________________________________________________________

National Grid Annual Performance Plan- 2015 Award

Today, National Grid received notification from UBS Limited, pursuant to the  National Grid plc Annual Performance Plan ("APP"), that Ordinary shares in National Grid (the 'Shares') or American Depositary Shares (ADSs) were purchased in the market  under the APP on Thursday 11 June 2015, at a share price of 861.70p or an ADS price of $66.9936. These Awards relate to 50% of the APP awards for 2014/15 being paid in shares, which (after tax on the gross cash award) must be retained until shareholding requirement is met, and in any event for two years after receipt. These awards are subject to clawback and malus provisions. The Shares and ADSs have been transferred to participants.

Awards to the Executive Directors are as follows:

Director Number of Shares/ADSs
Steve Holliday 37,016 Shares
Andrew Bonfield 26,133 Shares
John Pettigrew 16,140 Shares
Dean Seavers 1,225 ADSs

The total share interests of the above directors, following these changes, are:

Director Number of Shares/ADSs
Steve Holliday 2,472,191 Shares
Andrew Bonfield 1,065,425 Shares
John Pettigrew 493,896 Shares
Dean Seavers 1,225 ADSs
Contact: R Kerner,

Assistant Secretary

(0207 004 3223)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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