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National Grid PLC — Director's Dealing 2016
Jun 17, 2016
4816_dirs_2016-06-17_a54abe22-0499-4513-a832-a2b97d5e37e8.html
Director's Dealing
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RNS Number : 5897B
National Grid PLC
17 June 2016
17 June 2016
National Grid plc (National Grid)
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Notification of Directors' and Executive Committee Members Interests
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National Grid Annual Performance Plan- 2016 Award
On 16 June 2016, 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 Wednesday 15 June 2016, at a share price of 965.39p or an ADS price of $68.99. These Awards relate to 50% of the APP awards for Executive Directors and 33.33% for Executive Committee Members for 2015/16 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 and Executive Committee Members are as follows:
| Director | Number of Shares/ADSs |
| John Pettigrew | 13,739 Shares |
| Andrew Bonfield | 23,614 Shares |
| Steve Holliday | 33,375 Shares |
| Dean Seavers | 4,680 ADSs |
| Executive Committee Member | |
| Stephanie Hazell | 4,900 Shares |
| Alison Kay | 4,413 Shares |
| George Mayhew | 4,016 Shares |
| Mike Westcott | 5,920 Shares |
| Richard Adduci | 651 ADSs |
The total share interests of the above directors and executive committee members, following these changes, are:
| Director | Number of Shares/ADSs |
| John Pettigrew | 655,967 Shares |
| Andrew Bonfield | 1,175,351 Shares |
| Steve Holliday | 2,667,515 Shares |
| Dean Seavers | 91,672 ADSs |
| Executive Committee Member | |
| Stephanie Hazell | 211,311 Shares |
| Alison Kay | 288,084 Shares |
| George Mayhew | 270,683 Shares |
| Mike Westcott | 366,135 Shares |
| Richard Adduci | 14,282 ADSs |
| Contact: R Kerner, Assistant Secretary (0207 004 3223) |
This information is provided by RNS
The company news service from the London Stock Exchange
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