1st Jul 2009 16:00
1 July 2009
National Grid plc (National Grid)
_____________________________________________________________
Notification of Directors' Interests____________________________________________________________
Performance Share Plan-2005 Award Release
Late yesterday the Trustee of the National Grid Group Employee Share Trust confirmed that the 2005 awards made to Executive Directors under the National Grid Performance Share Plan were released following completion of the retention period (28 June 2009) in accordance with the plan rules. The number of shares disclosed below that have been transferred to participants by the Trustee are net of shares sold to cover statutory deductions.
|
Director |
Number of Shares |
|
Mark Fairbairn |
23,699 |
|
Steve Holliday |
59,389 |
|
Steve Lucas |
58,691 |
|
Nick Winser |
53,800 |
Note: Mark Fairbairn has advised the Company that, in accordance with DTR3 and Section 253 Companies Act 2006; his total interest includes a further 8,384 shares released by the Trustee under the Plan for his partner.
The total share interests of the above directors, following these changes, are:
|
Director |
Number of Shares |
|
Mark Fairbairn |
671,939 |
|
Steve Holliday |
1,393,510 |
|
Steve Lucas |
923,705 |
|
Nick Winser |
785,825 |
|
Contact: Robin Kerner, Assistant Secretary- Share Schemes (0207 004 3223) |
Related Shares:
National Grid