National Grid PLC — Director's Dealing 2019

Jun 18, 2019

National Storage Mechanism | Additional information

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RNS Number : 6552C

National Grid PLC

18 June 2019

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 as part of the National Grid Annual 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: Nick Ivory                

Date of notification: 2019.06.18

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Barney Wyld

2

Reason for the notification

a)

Position/status

Group 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

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 33.33% for 2018/19 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
8.3678 GBP	2,015

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2019.06.14

f)

Place of the transaction

London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Nick Ivory

Date of notification: 2019.06.18

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

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 33.33% for 2018/19 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
8.3678 GBP	5,423

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2019.06.14

f)

Place of the transaction

London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Nick Ivory

Date of notification: 2019.06.18

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

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

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 50% for 2018/19 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
8.3678 GBP	10,712

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2019.06.14

f)

Place of the transaction

London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Nick Ivory

Date of notification: 2019.06.18

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

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 50% for 2018/19 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
8.3678 GBP	31,484

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2019.06.14

f)

Place of the transaction

London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Nick Ivory

Date of notification: 2019.06.18

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lucy 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

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 50% for 2018/19 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
8.3678 GBP	17,474

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2019.06.14

f)

Place of the transaction

London Stock Exchange (XLON)

Name of officer of issuer responsible for making notification: Nick Ivory

Date of notification: 2019.06.18

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 636274409

b)

Nature of the transaction

Under the National Grid plc Annual Performance Plan ("APP") American Depository Shares ("ADS") were purchased in the market under the APP. This Award relates to 50% for 2018/19 being paid in ADSs, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
52.73 USD	3,993

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2019.06.14

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Nick Ivory

Date of notification: 2019.06.18

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 636274409

b)

Nature of the transaction

Under the National Grid plc Annual Performance Plan ("APP") American Depository Shares ("ADS") were purchased in the market under the APP. This Award relates to 33.33% for 2018/19 being paid in ADSs, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
52.73 USD	3,320

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2019.06.14

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Nick Ivory

Date of notification: 2019.06.18

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 636274409

b)

Nature of the transaction

Under the National Grid plc Annual Performance Plan ("APP") American Depository Shares ("ADS") were purchased in the market under the APP. This Award relates to 33.33% for 2018/19 being paid in ADSs, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
52.73 USD	2,091

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2019.06.14

f)

Place of the transaction

Outside a trading venue

Name of officer of issuer responsible for making notification: Nick Ivory

Date of notification: 2019.06.18

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