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National GridAnnouncement

06/09/2014 22:27

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RNS Number : 4697N
National Grid PLC
28 July 2014 
 
28 July 2014 
 
National Grid plc (National Grid) 
 
_____________________________________________________________ 
 
Notification of Directors' Interests
____________________________________________________________ 
 
Long Term Performance Plan -2011 Partial Award Release 
 
On Friday 25 July, the Trustee of the National Grid Employee Share Trust (UBS
Trustees (Jersey) Limited) confirmed that the 2011 awards made to certain
Executive Directors under the National Grid Long Term Performance Plan were
released following completion of the three year performance measurement period
in respect of the TSR/EPS portion together with dividend shares based upon the
value of dividends that would have been paid on the vested shares since the
award was granted following approval of the outturns by the Remuneration
Committee on 22 July 2014, in accordance with the plan rules.  The number of
Shares/ American Depositary Shares ('ADSs') disclosed below that have been
transferred to participants by the Trustee are net of Shares/ADSs sold to
cover statutory deductions and associated costs. 
 
 Director         Number of Shares/ADSs  
 Steve Holliday   88,127 Shares          
 Andrew Bonfield  55,838 Shares          
 Nick Winser      42,582 Shares          
 John Pettigrew   14,895 Shares          
 Tom King         10,616 ADSs            
 
 
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The total share/ADS interests of the above Directors, following these changes,
are: 
 
 Director         Number of Shares/ADSs  
 Steve Holliday   2,025,829 Shares       
 Andrew Bonfield  879,096 Shares         
 Nick Winser      978,406 Shares         
 John Pettigrew   312,817 Shares         
 Tom King         237,352  ADSs          
 
 
Contact: Robin Kerner, Assistant Secretary (020 7004 3223) 
 
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