National Grid PLC Director/PDMR Shareholding (4900K)

TIDMNG.

RNS Number : 4900K

National Grid PLC

21 September 2016

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

The attached individual notification made under article 19.1 of the Market Abuse Regulation ('MAR') relates to the release of an award promised upon recruitment on behalf of a PDMR. This announcement is made in accordance with Article 19.3 of MAR.

Name of officer of issuer responsible for making notification: Robin Kerner

Date of notification: 2016.09.21

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITIES

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ---------------------------------------------------------------------- 
 a)   Name                        Rich Adduci 
---  --------------------------  ------------------------------------------ 
 2    Reason for the notification 
---  ---------------------------------------------------------------------- 
 a)   Position/status             Chief Information Officer 
---  --------------------------  ------------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  ---------------------------------------------------------------------- 
 a)   Name                        National Grid plc 
---  --------------------------  ------------------------------------------ 
 b)   LEI                         8R95QZMKZLJX5Q2XR704 
---  --------------------------  ------------------------------------------ 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
---  ---------------------------------------------------------------------- 
 a)   Description of the          American Depository Shares 
       financial instrument, 
       type of instrument 
                                   US 6362743006 
       Identification code 
---  --------------------------  ------------------------------------------ 
 b)   Nature of the transaction   Acquisition of securities for nil 
                                   consideration in respect of buy-out 
                                   incentive arrangements from his previous 
                                   employer that were lost on recruitment 
                                   to National Grid. 
---  --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)      Volume(s) 
                                    ------------  ---------- 
                                     69.995 USD    3,860 
                                    ------------  ---------- 
---  --------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
 
       - Aggregated volume 
 
 
       - Price 
---  --------------------------  ------------------------------------------ 
 e)   Date of the transaction     2016.09.19 
---  --------------------------  ------------------------------------------ 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ------------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 21, 2016 11:56 ET (15:56 GMT)