National Grid PLC has released a notification of transactions of Persons Discharging Managerial Responsibilities (PDMRs) in accordance with Article 19 of the Market Abuse Regulation (MAR). The transactions relate to the National Grid 2023/24 interim dividend scrip alternative and dividend reinvestment under the National Grid Share Incentive Plan (SIP) on behalf of PDMRs and CAPs.
The Chief Financial Officer, Andy Agg, acquired 79 ordinary shares at a price of GBP 10.73 each, and the Chief Executive Officer, John Pettigrew, acquired 113 ordinary shares at the same price. Additionally, the Chief Strategy and External Affairs Officer, Ben Wilson, acquired 2 ordinary shares at the same price. All acquisitions were made under the Share Incentive Plan and took place on the London Stock Exchange (XLON) on January 11, 2024.
These transactions demonstrate the participation of key company executives in the National Grid Share Incentive Plan, reinforcing their commitment to the company's long-term performance and growth.