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RNS Number : 1108R National Grid PLC 04 June 2024
4 June 2024
National Grid plc ('National Grid' or 'Company')
Notification of Transactions of Persons Discharging Managerial
Responsibilities ('PDMR')
This announcement is made in accordance with Article 19 of the Market Abuse
Regulation ('MAR') and relates to a National Grid Retention Award Plan ('RAP')
award.
The RAP Award (the 'Award') will vest in three tranches on or after 1 March
2025, 1 December 2025 and 1 March 2026 respectively. The Award is conditional
on continued employment and satisfactory conduct and performance. This award
is subject to clawback and malus provisions.
In accordance with MAR the relevant Financial Conduct Authority ('FCA')
notification is set out below.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Talvis Love
2 Reason for the notification
a) Position/status Chief Digital and Information 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 a conditional award over securities, for nil consideration,
under the RAP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 27,302
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2023.06.03
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2023.06.03
f)
Place of the transaction
Outside a trading venue
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