t
National Grid plc announced on 14 January 2025 the grant of a 5-year option to its Chief Executive, John Pettigrew, for 4,219 ordinary shares at an exercise price of £7.43 per share. This transaction, which occurred on 13 January 2025 under the 2024/25 Sharesave Plan, will first become exercisable on 1 April 2030.
| Date | 14 Jan 2025 |
| Time | 13:30:00 |
| Category | Director/PDMR dealings |
| ID | 2919T |
14 January 2025
National Grid plc ('National Grid' or 'Company')
Notification of Transactions of Persons Discharging Managerial
Responsibilities ('PDMRs')
This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR') and relates to the grant of options to the following PDMR, under the Company's Sharesave Plan ('SAYE').
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
|
John Pettigrew |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Chief Executive |
||||
|
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 |
Ordinary shares of 12 204/473p each
GB00BDR05C01 |
||||
|
b)
|
Nature of the transaction
|
Grant of a 5 year option over Ordinary shares under the National Grid 2024/25 Sharesave Plan which will first become exercisable 1 April 2030.
|
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
|
||||
|
e) |
Date of the transaction |
2025.01.13
|
||||
|
f) |
Place of the transaction |
Outside a Trading Venue
|
||||