7th Dec 2010 15:57
National Grid plc ("NG")
7th December 2010
Notification of Directors' Interests
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NG SHARE INCENTIVE PLAN (the "SIP")
Under the SIP, operated through ACS HR Solutions UK Ltd as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 50,177 NG ordinary shares under the scheme was confirmed by the Trustee today, the shares having been purchased in the market today, Tuesday 7th December 2010, at a price of 548.5 pence per share, on behalf of some 2,950 participants.
The following Executive Directors of NG are beneficiaries of the shares purchased on their behalf:
Director | Shares purchased in SIP |
Mark Fairbairn | 23 Ordinary Shares |
Steven Holliday | 22 Ordinary Shares |
The Directors total interests after these events are:
Director | Resulting total interest |
Mark Fairbairn | 1,017,342 Ordinary Shares |
Steven Holliday | 2,105,251 Ordinary Shares |
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Contact: Robin Kerner, Assistant Secretary, Shareschemes (0207 004 3223).
Note: Mark Fairbairn has advised the company that, in accordance with DTR3 and Section 253 Companies Act 2006; his total interest includes a further 22 shares purchased by the SIP Trustee for his partner.
Related Shares:
National Grid