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National Grid PLC — Director's Dealing 2026
Jan 16, 2026
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Director's Dealing
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RNS Number : 2722P
National Grid PLC
16 January 2026
16 January 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 ('MAR') and relates to the National Grid 2025/26 interim dividend scrip alternative and dividend reinvestments.
In accordance with MAR the relevant Financial Conduct Authority notifications are set out below.
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
Acquisition of securities ("dividend shares") under the National Grid Share Incentive Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 11.66 | 74 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2026.01.13
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Courtney Geduldig
2
Reason for the notification
a)
Position/status
Chief Corporate Affairs 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 American Depositary Shares under a dividend reinvestment plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| USD 77.978 | 22 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2026.01.14
f)
Place of the transaction
New York Stock Exchange (NYSE)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Talvis Love
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 American Depositary Shares under a dividend reinvestment plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| USD 77.978 | 123 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2026.01.14
f)
Place of the transaction
New York Stock Exchange (NYSE)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paula Rosput Reynolds
2
Reason for the notification
a)
Position/status
Chair
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 American Depositary Shares under the National Grid Scrip Dividend Scheme.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| USD 74.2334 | 43 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2026.01.13
f)
Place of the transaction
New York Stock Exchange (NYSE)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paula Rosput Reynolds
2
Reason for the notification
a)
Position/status
Chair
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 Ordinary Shares under the National Grid Scrip Dividend Scheme.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| GBP 11.3040 | 44 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2026.01.13
f)
Place of the transaction
London Stock Exchange (XLON)
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