TIDMNG.

RNS Number : 5487J

National Grid PLC

05 December 2018

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 made under the National Grid Long Term Performance Plan 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: Alice Parker

Date of notification: 2018.12.05

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Barney Wyld 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             Group Corporate Affairs Director 
     --------------------------  ----------------------------------------- 
 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          Ordinary shares of 12 204/473p each 
       financial instrument, 
       type of instrument 
                                   GB00BDR05C01 
       Identification code 
     --------------------------  ----------------------------------------- 
 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 2021 
                                   and the shares will be transferred 
                                   to the participant net of deductions. 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     NIL         61,747 
                                                ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume 
 
       - Price 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     2018.12.03 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ----------------------------------------- 
 
 
  Name of officer of issuer responsible for making notification: 
   Alice Parker. 
 
   Date of notification: 2018.12.05

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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December 05, 2018 06:58 ET (11:58 GMT)

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