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

National GridAnnouncement

30/07/2015 16:00

RNS Number : 5848U
National Grid PLC
30 July 2015
30 July 2015 
National Grid plc (National Grid)
_____________________________________________________________
Notification of Directors' Interests
____________________________________________________________
Long Term Performance Plan - 2011 Partial Award Release
Today, 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 four year retention period in respect of the Return on Equity portion together with dividend shares based upon accrued dividends in the retention period of the award following approval of the outturns by the Remuneration Committee on 8 July 2015, in accordance with the plan rules. The number of Shares disclosed below that have been transferred to participants by the Trustee are net of Shares sold to cover statutory deductions and associated costs.
Director
Number of Shares
Steve Holliday
 36,750 Shares
Andrew Bonfield
 23,283 Shares
John Pettigrew
 9,868 Shares

Long Term Performance Plan - 2012 Partial Award Release
The Trustee of the National Grid Employee Share Trust (UBS Trustees (Jersey) Limited) confirmed that the 2012 awards made to certain Executive Directors under the National Grid Long Term Performance Plan were released following completion of the three year retention period in respect of the Total Shareholder Return/Earnings Per Share portion together with dividend shares based upon accrued dividends in the retention period of the award following approval of the outturns by the Remuneration Committee, in accordance with the plan rules. The number of Shares disclosed below that have been transferred to participants by the Trustee are net of Shares sold to cover statutory deductions and associated costs.
Director
Number of Shares
Steve Holliday
 105,785 Shares
Andrew Bonfield
 66,952 Shares
John Pettigrew
 16,460 Shares

The total share interests of the above Directors, following these changes, are:
 
 Director
Number of Shares
Steve Holliday
2,660,998 Shares
Andrew Bonfield
1,171,925 Shares
John Pettigrew
639,153 Shares
Contact: Robin Kerner, Assistant Secretary (020 7004 3223)

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