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. The Chief Financial Officer, Chief Executive Officer, Chief People and Culture Officer, and Chief Strategy and Regulation Officer have all made monthly purchases of securities ("partnership shares") under the Share Incentive Plan. Each of them acquired 14 ordinary shares of 12 204/473p each at a price of GBP 10.885 on May 7, 2024, at the London Stock Exchange (XLON).
This announcement is in compliance with the Market Abuse Regulation and includes the relevant Financial Conduct Authority notifications. The transactions were made by Andy Agg, Chief Financial Officer; John Pettigrew, Chief Executive Officer; Will Serle, Chief People and Culture Officer; and Ben Wilson, Chief Strategy and Regulation Officer. Each of them made the same type of transaction, acquiring the same number of shares at the same price on the same date and at the same place.
The transactions are part of the Share Incentive Plan, which allows employees to purchase shares in the company. The notification provides transparency about the transactions of the PDMRs and their closely associated persons, ensuring compliance with regulatory requirements and market transparency.