National Grid PLC Director/PDMR Shareholding (5776C)
18 April 2017 - 7:24PM
UK Regulatory
TIDMNG.
RNS Number : 5776C
National Grid PLC
18 April 2017
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 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: 2017.04.18
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 Initial notification
/Amendment
--- ------------------------- --------------------------------------
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 American Depository Shares
instrument, type
of instrument US 6362743006
Identification
code
--- ------------------------- --------------------------------------
b) Nature of the Acquisition of a conditional
transaction award over securities, for
nil consideration, under
the Retention Award Plan.
This award is a buy-out incentive
in respect of incentive arrangements
put in place by Mr Khan's
previous employer that were
lost on recruitment to National
Grid.
--- ------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
NIL 37,782
---------- ----------
--- ------------------------- --------------------------------------
d) Aggregated information
Price(s) Volume(s)
- Aggregated volume ---------- ----------
NIL 37,782
---------- ----------
- Price
--- ------------------------- --------------------------------------
e) Date of the transaction 2017.04.12
--- ------------------------- --------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- --------------------------------------
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 American Depository Shares
instrument, type
of instrument US 6362743006
Identification
code
--- ------------------------- ---------------------------------
b) Nature of the Acquisition of 8,935 ADSs
transaction following the first release
of the buyout incentive granted
to Mr Khan under the Retention
Award Plan.
--- ------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 8,935
---------- ----------
--- ------------------------- ---------------------------------
d) Aggregated information
Price(s) Volume(s)
---------- ----------
- Aggregated volume Nil 8,935
---------- ----------
- Price
--- ------------------------- ---------------------------------
e) Date of the transaction 2017.04.12
--- ------------------------- ---------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ---------------------------------
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 American Depository Shares
instrument, type
of instrument US 6362743006
Identification
code
--- ------------------------- ------------------------------------
b) Nature of the Automatic disposal of 4,493
transaction ADSs to cover statutory deductions
following the first release
of the buyout incentive granted
to Mr Khan under the Retention
Award Plan.
--- ------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
$64.960585 4,493
----------- ----------
--- ------------------------- ------------------------------------
d) Aggregated information
Price(s) Volume(s)
- Aggregated volume ----------- ----------
$64.960585 4,493
----------- ----------
- Price
--- ------------------------- ------------------------------------
e) Date of the transaction 2017.04.12
--- ------------------------- ------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- ------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHSFSSUAFWSEEL
(END) Dow Jones Newswires
April 18, 2017 05:24 ET (09:24 GMT)
National Grid (LSE:NG.)
Historical Stock Chart
From Apr 2024 to May 2024
National Grid (LSE:NG.)
Historical Stock Chart
From May 2023 to May 2024
