8th Mar 2011 16:00
National Grid plc ("NG")
8th March 2011
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 48,348 NG ordinary shares under the scheme was confirmed by the Trustee today, the shares having been purchased in the market yesterday, at a price of 573.9915 pence per share, on behalf of some 3,000 participants.
The following Executive Directors of NG are beneficiaries of the shares purchased on their behalf:
Director | Shares purchased in SIP |
Mark Fairbairn | 22 Ordinary Shares |
Steven Holliday | 21 Ordinary Shares |
Andrew Bonfield | 22 Ordinary Shares |
The Directors total interests after these events are:
Director | Resulting total interest |
Mark Fairbairn | 1,017,474 Ordinary Shares |
Steven Holliday | 2,106,114 Ordinary Shares |
Andrew Bonfield | 239,929 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 21 shares purchased by the SIP Trustee for his partner.
Related Shares:
National Grid