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 Chief Financial Officer, Chief Executive Officer, Chief People and Culture Officer, Chief Strategy and Regulation Officer, and a Closely Associated Person of a Non-executive Director have all made monthly purchases of securities ("partnership shares") under the Share Incentive Plan. Each transaction involved the purchase of 14 ordinary shares of 12 204/473p each at a price of GBP 10.3602 on the London Stock Exchange (XLON) on April 8, 2024.
These transactions are in line with the company's Share Incentive Plan and comply with the relevant Financial Conduct Authority (FCA) notifications. The individuals involved in the transactions are Andy Agg, Chief Financial Officer; John Pettigrew, Chief Executive Officer; Will Serle, Chief People and Culture Officer; Ben Wilson, Chief Strategy and Regulation Officer; and Victoria Wood, a Closely Associated Person of a Non-executive Director.
The notification provides a transparent overview of the transactions made by the PDMRs within the company, ensuring compliance with regulatory requirements and transparency in the company's financial activities.