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

National GridAnnouncement

29/06/2016 16:00

RNS Number : 5570C
National Grid PLC
29 June 2016
29th June 2016 
National Grid plc ('National Grid or the Company' )
_____________________________________________________________
Notification of Directors' and Executive Committee Members Interests

____________________________________________________________
 Long TermPerformance Plan
____________________________________________________________
Late Yesterday, National Grid received a notification from the Trustee (UBS Trustees (Jersey) Limited) of the National Grid Long Term Performance Plan. The following Executive Directors and Executive Committee Members were granted an award of shares on 28 June 2016 in National Grid plc (the 'Shares') under the National Grid Long Term Performance Plan, calculated by reference to a share price of 1,021.00p and an ADS price of $69.1825. 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 2019and shares will be transferred to participants net of deductions.
 
Director
Number of Shares/ADSs*
John Pettigrew
282,810
Andrew Bonfield
220,883
Dean Seavers
44,447*
Executive Committee Member

Stephanie Hazell
75,803
Alison Kay
71,947
George Mayhew
61,926
Mike Westcott
88,148
Richard Adduci
14,098*
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The total share interests of the above Directors and Executive Committee Members, following these changes, are:
 
Director
Number of Shares/ADSs*
John Pettigrew
 938,777
Andrew Bonfield
 1,396,234
Dean Seavers
136,119*
Executive Committee Member

Stephanie Hazell
287,114
Alison Kay
360,031
George Mayhew
332,609
Mike Westcott
454,283
Richard Adduci
28,380*

Contact: Robin 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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