24th Mar 2005 16:44
National Grid Transco PLC24 March 2005 24 March 2005 National Grid Transco plc (NGT) ------------------------------------------------------------------------------- The National Grid Transco 1996 Employee Benefit Trust (the "Trust") (Notification of Directors' Interests, Pursuant to Section 324(2) of theCompanies Act 1985) ------------------------------------------------------------------------------- NGT today received a notification from Towers Perrin Share Plan Services(Guernsey) Limited the Trustee of the Trust which operates in conjunction withthe ESOP and Sharematch plans, that certain Executive Directors of NGT (E Astle,S Holliday, S Lucas, R Urwin and N Winser) became technically interested in atotal of 100,000 NGT Ordinary shares, by virtue of the Trustee having acquiredthe shares on 24 March 2005 by new issue at a price of 487.5p to satisfy futureexercises of options. (Note: For Companies Act purposes, these Executive Directors of NGT are deemedto have a technical interest in all the shares held by the Trust, together withother beneficiaries. The interest ceases when shares are transferred toparticipants by the exercise of executive share options or Sharematch options.) Contact: H A Richardson, Company Secretarial Assistant (0207 004 3228) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
National Grid