Source - RNS
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 /Amendment

 

 

Initial notification

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 financial instrument, type of instrument

 

Identification code

 

 

American Depository Shares

 

 

US 6362743006

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

 

 

 

 

 

 


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