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National Grid PLC  -  NG.   

SIP Operation

Released 16:00 10-Dec-2012

RNS Number : 1597T
National Grid PLC
10 December 2012
 



National Grid plc ("NG")

 

10th December 2012

 

Notification of Directors' Interests

 

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NG SHARE INCENTIVE PLAN (the "SIP")

 

Under the SIP, operated through Ogier Corporate Services (UK) Ltd as Trustee, employees may acquire NG ordinary shares by regular monthly contributions. The current monthly purchase of 41,033 NG ordinary shares under the scheme was confirmed by the Trustee late Friday,7th December, the shares having been purchased in the market on the same day,at a price of 705 pence per share, on behalf of some 3,000 participants.

 

The following Executive Directors of NG are beneficiaries of the shares purchased on their behalf:

 

Director

Shares purchased in SIP

Steven Holliday

18 Ordinary Shares

Andrew Bonfield

18 Ordinary Shares

 

 

The Directors total interests after these events are:

 

Director

Resulting total interest

Steven Holliday

            2,156,601 Ordinary Shares

Andrew Bonfield

           767,229 Ordinary Shares

 

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Contact: Robin Kerner, Assistant Secretary, Shareschemes (0207 004 3223).

 

 


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