17th Jun 2010 16:52
17 June 2010
National Grid plc ('National Grid')
_____________________________________________________________
Notification of Directors' Interests____________________________________________________________
Deferred Share Plan
On 16 June 2010, National Grid received a notification from ExcellerateHRO Share Plan Services (Guernsey) Limited, as Trustee of the National Grid Group Employee Share Trust (the 'Trust'), operated in conjunction with the National Grid Deferred Share Plan, the following directors were granted an award of Ordinary shares in National Grid (the 'Shares') or American Depositary Shares (ADSs) under the Plan on Tuesday 15 June 2010, calculated by reference to a share price of 506.294p or an ADS price of $37.7474. The awards will vest on the third anniversary of the date of grant (June 2013). The shares will be transferred to participants net of deductions as soon as practicable thereafter.
Director Number of ADSs
Tom King 18,776
Number of Shares
Mark Fairbairn 52,015
Steve Holliday 130,636
Steve Lucas 72,073
Nick Winser 64,370
The total share interests of the above directors, following these changes and taking into account the rights issue adjustment over options and share awards, are:
Director Number of ADSs
|
|
Tom King
|
197,485 |
|
|
|
|
Number of Shares
|
|
|
|
Mark Fairbairn
Steve Holliday |
826,373 1,719,693 |
|
|
|
Steve Lucas |
997,550 |
|
|
|
Nick Winser |
952,192 |
|
Contact: R W Kerner, Assistant Secretary (0207 004 3223)
Related Shares:
National Grid