REG - National Grid PLC - Director/PDMR Shareholding
06/07/2023 17:30
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230706:nRSF2592Fa&default-theme=true
RNS Number : 2592F National Grid PLC 06 July 2023
6 July 2023
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 2020 LTPP and are referred to in the Company's
2022/23 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')
2020 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP Nil 245,669
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2023.07.04
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 10.4652 115,871
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2023.07.04
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Justine Campbell
2 Reason for the notification
a) Position/status Group General Counsel & Company Secretary
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')
2020 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP Nil 134,842
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2023.07.04
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 10.4652 63,599
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2023.07.04
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2023.07.04
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 10.4652 115,871
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2023.07.04
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely
associated
a)
Name
Justine Campbell
2
Reason for the notification
a)
Position/status
Group General Counsel & Company Secretary
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 shares in respect of the Long Term Performance Plan ('LTPP')
2020 award.
c)
Price(s) and volume(s)
Price(s) Volume(s)
GBP Nil 134,842
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2023.07.04
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 10.4652 63,599
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2023.07.04
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 6362744095
b) Nature of the transaction Acquisition of American Depositary Shares ('ADS') in respect of the Long Term
Performance Plan ('LTPP') 2020 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
USD Nil 33,249
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2023.07.04
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 $67.38 14,798
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2023.07.04
f) Place of the transaction Outside of a Trading Venue
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2023.07.04
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 $67.38 14,798
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2023.07.04
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')
2020 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP Nil 465,629
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2023.07.04
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 10.4652 219,615
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2023.07.04
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2023.07.04
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 10.4652 219,615
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2023.07.04
f)
Place of the transaction
London Stock Exchange (XLON)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHSSWFMMEDSEFWRecent news on National Grid
See all newsREG - National Grid PLC - Director/PDMR Shareholding
AnnouncementREG - National Grid PLC - Total Voting Rights
AnnouncementREG - National Grid PLC - Ofgem’s Draft Determination for RIIO-ET3
AnnouncementREG - National Grid PLC - Director/PDMR Shareholding
AnnouncementREG - National Grid PLC - Director/PDMR Shareholding
Announcement