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Director/PDMR Shareholding

4 Dec 2017 16:00

RNS Number : 2766Y
National Grid PLC
04 December 2017
 

NATIONAL GRID PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Adriana Karaboutis

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Information and Digital 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

 

 

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

26,196

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2017.12.01

f)

 

Place of the transaction

 

Outside a trading venue

 

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

 

Date of notification: 2017.12.04

 

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