Source - RNS
RNS Number : 6153J
National Grid PLC
29 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 under the National Grid Long Term 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: 2017.06.29

 

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

 

 

Acquisition of a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2020 and the shares will be transferred to the participant net of deductions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 NIL

94,731

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.28

f)

 

Place of the transaction

 

Outside a trading venue

 

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

 

Date of notification: 2017.06.29

 


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

 

 

Acquisition of a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2020 and the shares will be transferred to the participant net of deductions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

NIL

78,558

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.28

f)

 

Place of the transaction

 

Outside a trading venue

 

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

 

Date of notification: 2017.06.29

 


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

 

 

Acquisition of a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2020 and the shares will be transferred to the participant net of deductions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

NIL

237,610

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.28

f)

 

Place of the transaction

 

Outside a trading venue

 

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

Date of notification: 2017.06.29

 


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

 

 

Acquisition of a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2020 and the shares will be transferred to the participant net of deductions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

NIL

323,205

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.28

f)

 

Place of the transaction

 

Outside a trading venue

 

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

 

Date of notification: 2017.06.29

 


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

 

 

Acquisition of a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2020 and the shares will be transferred to the participant net of deductions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

NIL  

151,109

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.28

f)

 

Place of the transaction

 

Outside a trading venue

 

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

Date of notification: 2017.06.29

 


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

 

 

Acquisition of a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2020 and the shares will be transferred to the participant net of deductions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

NIL

66,616

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

2017.06.28

f)

 

Place of the transaction

 

 

Outside a trading venue

 

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

 

Date of notification: 2017.06.29

 


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

 

 

Acquisition of a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2020 and the shares will be transferred to the participant net of deductions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

NIL

49,294

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.28

f)

 

Place of the transaction

 

Outside a trading venue

 

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

 

Date of notification: 2017.06.29

 


 

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Badar Khan

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Director Corporate Development and National Grid Ventures

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

 

 

Acquisition of a conditional award over securities, for nil consideration, under the Long Term Performance Plan. The extent to which the award will vest will depend upon the Company's performance against the relevant conditions. Subject to performance, the shares will vest in July 2020 and the shares will be transferred to the participant net of deductions.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

NIL

29,031

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.06.28

f)

 

Place of the transaction

 

Outside a trading venue

 

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

 

Date of notification: 2017.06.29

 


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