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National Grid PLC Director's Dealing 2018

Jul 3, 2018

4816_dirs_2018-07-03_578061ae-a296-4a04-b0a8-690cb05fd7b8.html

Director's Dealing

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RNS Number : 4809T

National Grid PLC

03 July 2018

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

The attached individual notifications made under article 19.1 of the Market Abuse Regulation ('MAR') relate to awards made under the National Grid Long Term Performance Plan on behalf of PDMRs. This announcement is made in accordance with Article 19.3 of MAR.

Name of officer of issuer responsible for making notification: Alice Parker                

Date of notification: 2018.07.03

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mike Westcott

2

Reason for the notification

a)

Position/status

Group HR Director

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 a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2021 and the shares will be transferred to the participant net of deductions.

c)

Price(s) and volume(s)

Price(s) Volume(s)
NIL 118,221

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2018.06.28

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Alice Parker.

Date of notification: 2018.07.03

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alison Kay

2

Reason for the notification

a)

Position/status

Group General Counsel & Company Secretary

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 a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2021 and the shares will be transferred to the participant net of deductions.

c)

Price(s) and volume(s)

Price(s) Volume(s)
NIL 93,363

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2018.06.28

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Alice Parker.

Date of notification: 2018.07.03

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Pettigrew

2

Reason for the notification

a)

Position/status

Chief Executive 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 a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2021 and the shares will be transferred to the participant net of deductions.

c)

Price(s) and volume(s)

Price(s) Volume(s)
NIL 398,398

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2018.06.28

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Alice Parker.

Date of notification: 2018.07.03

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nicola Shaw

2

Reason for the notification

a)

Position/status

Executive Director, UK

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 a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2021 and the shares will be transferred to the participant net of deductions.

c)

Price(s) and volume(s)

Price(s) Volume(s)
NIL 186,263

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2018.06.28

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Alice Parker.

Date of notification: 2018.07.03

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

George Mayhew

2

Reason for the notification

a)

Position/status

Corporate Affairs Director

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 a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2021 and the shares will be transferred to the participant net of deductions.

c)

Price(s) and volume(s)

Price(s) Volume(s)
NIL 79,170

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2018.06.28

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Alice Parker.

Date of notification: 2018.07.03

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dean Seavers

2

Reason for the notification

a)

Position/status

Executive Director, US

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 a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2021 and the shares will be transferred to the participant net of deductions.

c)

Price(s) and volume(s)

Price(s) Volume(s)
NIL 58,786

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2018.06.28

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Alice Parker.

Date of notification: 2018.07.03

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Badar Khan

2

Reason for the notification

a)

Position/status

Group Director Corporate Development and National Grid Ventures

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 a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2021 and the shares will be transferred to the participant net of deductions.

c)

Price(s) and volume(s)

Price(s) Volume(s)
NIL 34,621

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2018.06.28

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Alice Parker.

Date of notification: 2018.07.03

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Adriana Karaboutis

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 a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2021 and the shares will be transferred to the participant net of deductions.

c)

Price(s) and volume(s)

Price(s) Volume(s)
NIL 29,375

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2018.06.28

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Alice Parker.

Date of notification: 2018.07.03

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

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