National Grid PLC Director/PDMR Shareholding
05 June 2024 - 2:15AM
RNS Regulatory News
RNS Number : 1108R
National Grid PLC
04 June 2024
4
June 2024
National Grid
plc ('National
Grid' or 'Company')
Notification of Transactions
of Persons Discharging Managerial Responsibilities
('PDMR')
This announcement is made in
accordance with Article 19 of the Market
Abuse Regulation ('MAR') and relates to a National Grid Retention
Award Plan ('RAP') award.
The RAP Award (the 'Award') will
vest in three tranches on or after 1 March 2025, 1 December 2025
and 1 March 2026 respectively. The Award is conditional on
continued employment and satisfactory conduct and performance. This
award is subject to clawback and malus provisions.
In accordance with MAR the relevant
Financial Conduct Authority ('FCA') notification is set out
below.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Talvis Love
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Digital and 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
|
Acquisition of a conditional award
over securities, for nil consideration, under the RAP.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
27,302
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
|
|
e)
|
Date of the transaction
|
2023.06.03
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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END
DSHSSSFMLELSEFM
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