REG - National Grid PLC - Director/PDMR Shareholding
03/08/2022 17:00
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RNS Number : 8333U National Grid PLC 03 August 2022
3 August 2022
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 acquisition of shares by the following
Group Executive Committee members, who are also PDMRs, under the Company's
Long Term Performance Plan ('LTPP').
These awards relate to the 2019 LTPP and are referred to in the Company's
2021/22 Annual Report and Accounts. The awards were conditional on continued
employment with the Company and on the satisfaction of the performance
conditions approved by the Remuneration Committee, which (after tax on the
gross award) must be retained until the shareholding requirement is met, and
in any event for Executive Directors two years after receipt. This award is
subject to malus and clawback provisions.
In accordance with MAR the relevant Financial Conduct Authority ('FCA')
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 Ordinary shares of 12 204/473p each
Identification code
GB00BDR05C01
b) Nature of the transaction Acquisition of shares in respect of the Long Term Performance Plan ('LTPP')
2019 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP Nil 180,871
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2022.07.29
f) Place of the transaction London Stock Exchange (XLON)
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 Ordinary shares of 12 204/473p each
Identification code
GB00BDR05C01
b) Nature of the transaction Sale of shares resulting from Long Term Performance Plan ('LTPP') award
exercise to cover tax liabilities.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 11.242420 87,577
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2022.08.02
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022.07.29
f)
Place of the transaction
London Stock Exchange (XLON)
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
Sale of shares resulting from Long Term Performance Plan ('LTPP') award
exercise to cover tax liabilities.
c)
Price(s) and volume(s)
Price(s) Volume(s)
GBP 11.242420 87,577
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022.08.02
f)
Place of the transaction
London Stock Exchange (XLON)
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 American Depository Shares
Identification code
US 636274409
b) Nature of the transaction Acquisition of American Depositary Shares ('ADS') in respect of the Long Term
Performance Plan ('LTPP') 2019 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
USD Nil 26,886
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2022.07.29
f) Place of the transaction Outside of 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 American Depository Shares
Identification code
US 6362744095
b) Nature of the transaction Sale of ADS resulting from Long Term Performance Plan ('LTPP') award exercise
to cover tax liabilities.
c) Price(s) and volume(s)
Price(s) Volume(s)
USD $69.9255 11,966
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2022.08.02
f) Place of the transaction Outside of a Trading Venue
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022.07.29
f)
Place of the transaction
Outside of 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 6362744095
b)
Nature of the transaction
Sale of ADS resulting from Long Term Performance Plan ('LTPP') award exercise
to cover tax liabilities.
c)
Price(s) and volume(s)
Price(s) Volume(s)
USD $69.9255 11,966
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022.08.02
f)
Place of the transaction
Outside of a Trading Venue
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
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 Ordinary shares of 12 204/473p each
Identification code
GB00BDR05C01
b) Nature of the transaction Acquisition of shares in respect of the Long Term Performance Plan ('LTPP')
2019 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP Nil 365,099
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2022.07.29
f) Place of the transaction London Stock Exchange (XLON)
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 Ordinary shares of 12 204/473p each
Identification code
GB00BDR05C01
b) Nature of the transaction Sale of shares resulting from Long Term Performance Plan ('LTPP') award
exercise to cover tax liabilities.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 11.242420 176,779
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2022.08.02
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022.07.29
f)
Place of the transaction
London Stock Exchange (XLON)
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
Sale of shares resulting from Long Term Performance Plan ('LTPP') award
exercise to cover tax liabilities.
c)
Price(s) and volume(s)
Price(s) Volume(s)
GBP 11.242420 176,779
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022.08.02
f)
Place of the transaction
London Stock Exchange (XLON)
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