Source - RNS
RNS Number : 6059I
National Grid PLC
20 June 2017
 

 

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

The attached individual notifications made under article 19.1 of the Market Abuse Regulation ('MAR') relate to awards made as part of the National Grid Annual Performance Plan on behalf of PDMRs. 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: 2017.06.20

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Mike Westcott

2

 

Reason for the notification

 

a)

 

Position/status

 

Group HR Director

 

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

Ordinary shares of 12 204/473p each

 

 

GB00BDR05C01

 

b)

 

Nature of the transaction

 

 

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 33.33% for 2016/17 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

10.197GBP

4,490

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.15

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

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

 

Date of notification: 2017.06.20

 


NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Alison Kay

2

 

Reason for the notification

 

a)

 

Position/status

 

Group General Counsel & Company Secretary

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

 

Ordinary shares of 12 204/473p each

 

 

GB00BDR05C01

b)

 

Nature of the transaction

 

 

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 33.33% for 2016/17 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

10.197 GBP

3,643

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.15

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

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

 

Date of notification: 2017.06.20

 


NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Andrew Bonfield

2

 

Reason for the notification

 

a)

 

Position/status

 

Finance Director

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

 

Ordinary shares of 12 204/473p each

 

 

GB00BDR05C01

b)

 

Nature of the transaction

 

 

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 50%  for 2016/17 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

10.197 GBP

17,782

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.15

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

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

Date of notification: 2017.06.20

 


NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

John Pettigrew

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive 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

 

Ordinary shares of 12 204/473p each

 

 

GB00BDR05C01

b)

 

Nature of the transaction

 

 

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 50% for 2016/17 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

10.197 GBP

19,795

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.15

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

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

 

Date of notification: 2017.06.20

 


NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Nicola Shaw

2

 

Reason for the notification

 

a)

 

Position/status

 

Executive Director, UK

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

 

Ordinary shares of 12 204/473p each

 

 

GB00BDR05C01

b)

 

Nature of the transaction

 

 

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 50% for 2016/17 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

10.197 GBP

8,180

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.15

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

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

Date of notification: 2017.06.20

 


NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

George Mayhew

2

 

Reason for the notification

 

a)

 

Position/status

 

Corporate Affairs Director

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

 

Ordinary shares of 12 204/473p each

 

 

GB00BDR05C01

b)

 

Nature of the transaction

 

 

Under the National Grid plc Annual Performance Plan ("APP") Ordinary shares were purchased in the market under the APP. This Award relates to 33.33% for 2016/17 being paid in shares, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

10.197 GBP

3,063

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

2017.06.15

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

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

 

Date of notification: 2017.06.20

 


NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Dean Seavers

2

 

Reason for the notification

 

a)

 

Position/status

 

Executive Director, US

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 6362744095

b)

 

Nature of the transaction

 

 

Under the National Grid plc Annual Performance Plan ("APP") American Depository Shares ("ADS") were purchased in the market under the APP. This Award relates to 50% for 2016/17 being paid in ADSs, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

65.3831 USD

4,574

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.15

f)

 

Place of the transaction

 

Outside a trading venue

 

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

 

Date of notification: 2017.06.20

 


NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Richard Adduci, Jr

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 6362744095

b)

 

Nature of the transaction

 

 

Under the National Grid plc Annual Performance Plan ("APP") American Depository Shares ("ADS") were purchased in the market under the APP. This Award relates to 33.33% for 2016/17 being paid in ADSs, which (after tax on the gross award) must be retained until shareholding requirement is met, and in any event for two years after receipt.This award is subject to clawback and malus provisions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

65.3831 USD

920

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.15

f)

 

Place of the transaction

 

Outside a trading venue

 

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

 

Date of notification: 2017.06.20

 


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