28th Jan 2005 17:09
National Grid Transco PLC28 January 2005 28 January 2005 National Grid Transco plc (NGT) ------------------------------------------------------------------------------ Interests Notified by the Trustee for the Lattice Group Long Term Incentive Scheme (the 'LTIS') (Notification of Directors' Interests, Pursuant to Section 324(2) of the Companies Act 1985) ------------------------------------------------------------------------------ NGT today received a notification from Mourant & Co. Trustees, as Trustee of theLattice Group Employees Share Trust operated in conjunction with the LTIS. On 27 January 2005, a total of 3,050 shares were acquired, at a price of 509.25pper share, for various participants as reinvestment of their January 2005 NGTinterim dividend of 8.5p per share. The following Executive Director of NGT,Steve Lucas, together with other employees formerly with Lattice Group, has atechnical interest in the current balance of 123,749 NGT shares held by theTrustee. (Note: For Companies Act purposes, Steve Lucas is deemed to have a technicalinterest in all the shares held by the LTIS Trustee, together with allparticipating employees. The interest ceases when shares are transferred toparticipants by the exercise of LTIS options.) Steve Lucas was also amongst those having their dividends reinvested on sharesheld in the LTIS. His personal interest in the 2001 LTIS award changed asfollows: Director Existing 2001 Additional shares Revised 2001 Total NGT Share LTIS Award from dividend LTIS Total Interest after event Reinvestment (27 Jan 2005 at 509.25p) Steve Lucas 96,589 1,612 98,201 506,156 Contact: D C Forward, Assistant Secretary (0207 004 3226) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
National Grid