REG - National Grid PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">NG.L</Origin>

National GridAnnouncement

06/09/2014 22:34

For best results when printing this announcement, please click on the link
below:

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20140729:nRSc6570Na


RNS Number : 6570N
National Grid PLC
29 July 2014 
 
29th July 2014 
 
National Grid plc ('National Grid or the Company' ) 
 
_____________________________________________________________ 
 
Notification of Directors' Interests 
 
____________________________________________________________ 
 
Long TermPerformance Plan 
 
____________________________________________________________ 
 
Today, National Grid received a notification from the Trustee (UBS Trustees
(Jersey) Limited) of the National Grid Long Term Performance Plan. The
following Executive Directors were granted an award of shares on 29 July 2014
in National Grid plc (the 'Shares') under the National Grid Long Term
Performance Plan, calculated by reference to a share price of 881.15p and an
ADS price of $74.7032. The extent to which awards will vest will depend upon
the Company's performance against the relevant conditions. Subject to
performance, the shares will vest in July 2017 and shares will be transferred
to participants net of deductions. 
 
Director                      Number of Shares/ADSs* 
 
                                                                 
 1.                     Steve Holliday          348,975          
 2.                     Andrew Bonfield         248,470          
 3.                 4.  John PettigrewTom King  161,720 47,668*  
                                                                 
 
 
------------------------------------------------------------------------ 
 
The total share interests of the above Directors, following these changes,
are: 
 
Director                      Number of Shares/ADSs* 
 
 1.   Steve Holliday          2,374,804        
 2.   Andrew Bonfield         1,127,566        
 34.  John PettigrewTom King  474,537285,020*  
 
 
Contact: Robin Kerner, Assistant Secretary (0207 004 3223) 
 
This information is provided by RNS
The company news service from the London Stock Exchange