REG - National Grid PLC - Director/PDMR Shareholding
RNS Number : 7136RNational Grid PLC18 June 2018NATIONAL GRID PLC
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
The attached individual notification made under article 19.1 of the Market Abuse Regulation ('MAR') relates to an award promised upon recruitment on behalf of a PDMR. This announcement is made in accordance with Article 19.3 of MAR.
Name of officer of issuer responsible for making notification: Robin Kerner. Date of notification: 2018.06.18
NATIONAL GRID PLC
NOTIFICATION OF TRANSACTIONS OF PERSONSDISCHARGING 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 6362743006
b)
Nature of the transaction
Acquisition of 11,835 ADSs following the second release of the buyout incentive granted to Mr Khan under the Retention Award Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
NIL
11,835
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Volume(s)
NIL
11,835
e)
Date of the transaction
2018.06.15
f)
Place of the transaction
Outside a trading venue
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 6362743006
b)
Nature of the transaction
Automatic disposal of 3,493 ADSs to cover statutory deductions following the second release of the buyout incentive granted to Mr Khan under the Retention Award Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
$55.219576
3,493
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Volume(s)
$55.219576
3,493
e)
Date of the transaction
2018.06.15
f)
Place of the transaction
Outside a trading venue
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