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SIP operation

8th Apr 2011 16:00

RNS Number : 5903E
National Grid PLC
08 April 2011
 



National Grid plc ("NG")

 

8th April 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 47,175 NG ordinary shares under the scheme was confirmed by the Trustee yesterday, the shares having been purchased in the market yesterday, at a price of 593.3415 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

21 Ordinary Shares

 

 

The Directors total interests after these events are:

 

Director

Resulting total interest

Steven Holliday

2,019,931 Ordinary Shares

Andrew Bonfield

239,950 Ordinary Shares

 

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Contact: Robin Kerner, Assistant Secretary, Shareschemes (0207 004 3223).

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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