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

National GridAnnouncement

25/07/2017 15:30

RNS Number : 0600M
National Grid PLC
25 July 2017
NATIONAL GRID PLC
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
The attached individual notifications made under article 19.1 of the Market Abuse Regulation ('MAR') relate to awards made under the National Grid Long Term Performance Plan on behalf of PDMRs. This announcement is made in accordance with Article 19.3 of MAR.
 
Name of officer of issuer responsible for making notification: Robin Kerner 
Date of notification: 2017.07.25
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Mike Westcott
2 
Reason for the notification 
a) 
Position/status 
Group HR Director
b) 
Initial notification /Amendment 
Initial notification
3 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
National Grid plc
b) 
LEI 
8R95QZMKZLJX5Q2XR704
4 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted 
a) 
Description of the financial instrument, type of instrument 
Identification code
Ordinary shares of 12 204/473p each 
GB00BDR05C01
b) 
Nature of the transaction 
Acquisition of a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2020 and the shares will be transferred to the participant net of deductions.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
NIL
2,311
d) 
Aggregated information 
- Aggregated volume 
- Price 
e) 
Date of the transaction 
2017.07.24
f) 
Place of the transaction 
Outside a trading venue
Name of officer of issuer responsible for making notification: Robin Kerner. 
Date of notification: 2017.07.25

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