REG - National Grid PLC - Director/PDMR Shareholding
RNS Number : 5487JNational Grid PLC05 December 2018
NATIONAL 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 made under the National Grid Long Term Performance Plan 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: Alice Parker
Date of notification: 2018.12.05
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
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
61,747
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2018.12.03
f)
Place of the transaction
Outside a trading venue
Name of officer of issuer responsible for making notification: Alice Parker.
Date of notification: 2018.12.05
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