National Grid PLC — Remuneration Information 2014

Jul 29, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6570N

National Grid PLC

29 July 2014

29th July 2014

National Grid plc ('National Grid or the Company' )

_____________________________________________________________

Notification of Directors' Interests

____________________________________________________________

Long Term Performance Plan

____________________________________________________________

Today, National Grid received a notification from the Trustee (UBS Trustees (Jersey) Limited) of the National Grid Long Term Performance Plan. The following Executive Directors were granted an award of shares on 29 July 2014 in National Grid plc (the 'Shares') under the National Grid Long Term Performance Plan, calculated by reference to a share price of 881.15p and an ADS price of $74.7032. The extent to which awards will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2017 and shares will be transferred to participants net of deductions.

Director                      Number of Shares/ADSs*

1.  

Steve Holliday

348,975

2.  

Andrew Bonfield

248,470

3.           

4.

John Pettigrew

Tom King

161,720

47,668*

------------------------------------------------------------------------     

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

Director                      Number of Shares/ADSs*

1.	Steve Holliday	2,374,804
2.	Andrew Bonfield	1,127,566
3 4.	John Pettigrew Tom King	474,537 285,020*

Contact: Robin Kerner, Assistant Secretary (0207 004 3223)

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSSESFIUFLSEEW