9th May 2011 16:02
National Grid plc ("NG")
9th May 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 45,688 NG ordinary shares under the scheme was confirmed by the Trustee today, the shares having been purchased in the market today, at a price of 613.1247 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 |
Steven Holliday | 21 Ordinary Shares |
Andrew Bonfield | 20 Ordinary Shares |
The Directors total interests after these events are:
Director | Resulting total interest |
Steven Holliday | 2,019,978 Ordinary Shares |
Andrew Bonfield | 239,970 Ordinary Shares |
Note: The above figures include a further 26 shares notified by the Trustee as included in Steve Holliday's 31 March 2011 total SIP interest; and a further 52 shares (26 self, 26 partner) notified as included in Mark Fairbairn's 31 March 2011 total SIP interest.
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Contact: Robin Kerner, Assistant Secretary, Shareschemes (0207 004 3223).
Related Shares:
National Grid