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RNS Number : 5848U

National Grid PLC

30 July 2015

30 July 2015

National Grid plc (National Grid)

_____________________________________________________________

Notification of Directors' Interests

____________________________________________________________

Long Term Performance Plan - 2011 Partial Award Release

Today, the Trustee of the National Grid Employee Share Trust (UBS Trustees (Jersey) Limited) confirmed that the 2011 awards made to certain Executive Directors under the National Grid Long Term Performance Plan were released following completion of the four year retention period in respect of the Return on Equity portion together with dividend shares based upon accrued dividends in the retention period of the award following approval of the outturns by the Remuneration Committee on 8 July 2015, in accordance with the plan rules. The number of Shares disclosed below that have been transferred to participants by the Trustee are net of Shares sold to cover statutory deductions and associated costs.

 
 Director          Number of Shares 
----------------  -------------------------- 
 Steve Holliday                36,750 Shares 
----------------  -------------------------- 
 Andrew Bonfield               23,283 Shares 
----------------  -------------------------- 
 John Pettigrew                9,868 Shares 
----------------  -------------------------- 
 

Long Term Performance Plan - 2012 Partial Award Release

The Trustee of the National Grid Employee Share Trust (UBS Trustees (Jersey) Limited) confirmed that the 2012 awards made to certain Executive Directors under the National Grid Long Term Performance Plan were released following completion of the three year retention period in respect of the Total Shareholder Return/Earnings Per Share portion together with dividend shares based upon accrued dividends in the retention period of the award following approval of the outturns by the Remuneration Committee, in accordance with the plan rules. The number of Shares disclosed below that have been transferred to participants by the Trustee are net of Shares sold to cover statutory deductions and associated costs.

 
 Director          Number of Shares 
----------------  -------------------------- 
 Steve Holliday               105,785 Shares 
----------------  -------------------------- 
 Andrew Bonfield               66,952 Shares 
----------------  -------------------------- 
 John Pettigrew                16,460 Shares 
----------------  -------------------------- 
 

The total share interests of the above Directors, following these changes, are:

 
            Director   Number of Shares 
--------------------  ----------------- 
 Steve Holliday        2,660,998 Shares 
--------------------  ----------------- 
 Andrew Bonfield       1,171,925 Shares 
--------------------  ----------------- 
 John Pettigrew          639,153 Shares 
--------------------  ----------------- 
 

Contact: Robin Kerner, Assistant Secretary (020 7004 3223)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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