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

National GridAnnouncement

16/07/2015 11:03

RNS Number : 1847Q
National Grid PLC
15 June 2015
15 June 2015 
National Grid plc (National Grid)
_____________________________________________________________
Notification of Directors' Interests
____________________________________________________________
National Grid Annual Performance Plan- 2015 Award
Today, National Grid received notification from UBS Limited, pursuant to the National Grid plc Annual Performance Plan ("APP"), that Ordinary shares in National Grid (the 'Shares') or American Depositary Shares (ADSs) were purchased in the market under the APP on Thursday 11 June 2015, at a share price of 861.70p or an ADS price of $66.9936. These Awards relate to 50% of the APP awards for 2014/15 being paid in shares, which (after tax on the gross cash award) must be retained until shareholding requirement is met, and in any event for two years after receipt. These awards are subject to clawback and malus provisions. The Shares and ADSs have been transferred to participants.
Awards to the Executive Directors are as follows:
Director
Number of Shares/ADSs
Steve Holliday
37,016 Shares
Andrew Bonfield
26,133 Shares
John Pettigrew
16,140 Shares
Dean Seavers
1,225 ADSs
The total share interests of the above directors, following these changes, are:
Director
Number of Shares/ADSs
Steve Holliday
2,472,191 Shares 
Andrew Bonfield
1,065,425 Shares
John Pettigrew
493,896 Shares
Dean Seavers
1,225 ADSs

Contact: R Kerner, 
Assistant Secretary 
(0207 004 3223)


 

This information is provided by RNS
The company news service from the London Stock Exchange
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