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

National GridAnnouncement

17/06/2016 16:00

RNS Number : 5897B
National Grid PLC
17 June 2016
17 June 2016 
National Grid plc (National Grid)
_____________________________________________________________
Notification of Directors' and Executive Committee Members Interests
____________________________________________________________
National Grid Annual Performance Plan- 2016 Award
On 16 June 2016, 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 Wednesday 15 June 2016, at a share price of 965.39p or an ADS price of $68.99. These Awards relate to 50% of the APP awards for Executive Directors and 33.33% for Executive Committee Members for 2015/16 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 and Executive Committee Members are as follows:
Director
Number of Shares/ADSs
John Pettigrew
13,739 Shares
Andrew Bonfield
23,614 Shares
Steve Holliday
33,375 Shares
Dean Seavers
4,680 ADSs
Executive Committee Member

Stephanie Hazell
4,900 Shares
Alison Kay
4,413 Shares
George Mayhew
4,016 Shares
Mike Westcott
5,920 Shares
Richard Adduci
651 ADSs
The total share interests of the above directors and executive committee members, following these changes, are:
Director
Number of Shares/ADSs
John Pettigrew
655,967 Shares
Andrew Bonfield
1,175,351 Shares
Steve Holliday
2,667,515 Shares
Dean Seavers
91,672 ADSs
Executive Committee Member

Stephanie Hazell
211,311 Shares
Alison Kay
288,084 Shares
George Mayhew
270,683 Shares
Mike Westcott
366,135 Shares
Richard Adduci
14,282 ADSs

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



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