NGG 6-K
National Grid PLC (NGG)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
Date: 30 June 2025
Commission File Number: 001-14958
NATIONAL GRID plc
(Translation of registrant’s name into English)
England and Wales
(Jurisdiction of Incorporation)
1-3 Strand, London, WC2N 5EH, United Kingdom
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
☒ Form 20-F ☐ Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3- 2(b) under the Securities Exchange Act of 1934. ☐ Yes ☒ No
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a
EXHIBIT INDEX
| Exhibit No. | Description |
|---|---|
| 99.1 | Exhibit<br>99.1 Announcement sent to the London Stock Exchange on 02 June<br>2025 —<br>Total Voting Rights |
| 99.2 | Exhibit<br>99.2 Announcement sent to the London Stock Exchange on 10 June<br>2025 —<br>Director/PDMR Shareholding |
| 99.3 | Exhibit<br>99.3 Announcement sent to the London Stock Exchange on 16 June<br>2025 —<br>Director/PDMR Shareholding |
| 99.4 | Exhibit<br>99.4 Announcement sent to the London Stock Exchange on 24 June<br>2025 —<br>Director/PDMR Shareholding |
Exhibit 99.1
2 June 2025
National Grid plc ('National Grid' or 'Company')
Voting Rights update
National Grid's registered capital as of 31 May 2025 consisted of 5,132,617,708 ordinary shares, of which, 230,984,649 were held as treasury shares; leaving a balance of 4,901,633,059 with voting rights.
The figure of 4,901,633,059 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, National Grid under the FCA's Disclosure Guidance and Transparency Rules.
Julian Baddeley
Group Company Secretary
Exhibit 99.2
10 June 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'). In accordance with MAR, the relevant Financial Conduct Authority ('FCA') notifications are set out below.
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
|---|---|---|---|
| a) | Name | Andy<br>Agg | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Financial Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly purchase of securities ("partnership shares") under the<br>Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP 10.35 | 14 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.09 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | John<br>Pettigrew | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Executive | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly purchase of securities ("partnership shares") under the<br>Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP 10.35 | 15 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.09 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Will<br>Serle | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>People Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly purchase of securities ("partnership shares") under the<br>Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP 10.35 | 15 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.09 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) |
Exhibit 99.3
16 June 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 following Executive Directors and PDMRs being granted awards under the Company's Annual Performance Plan ('APP') on 13 June 2025, which relates to a percentage of the award for 2024/25 being paid in shares, and which (after tax on the gross award) must be retained until the shareholding requirement is met, and in any event for two years after receipt. This award is subject to clawback and malus provisions.
For further details of the APP, please see the Company's 2024/25 Annual Report and Accounts.
In accordance with MAR the relevant Financial Conduct Authority ('FCA') notifications are set out below.
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
|---|---|---|---|
| a) | Name | Andy<br>Agg | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Financial Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Under the National Grid plc Annual Performance Plan ('APP')<br>Ordinary shares were purchased in the market, which<br>relates to 50% of the APP for 2024/25 being paid in<br>shares. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>10.586844 | 21,870 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.13 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | John<br>Pettigrew | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Executive | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Under the National Grid plc Annual Performance Plan ('APP')<br>Ordinary shares were purchased in the market, which<br>relates to 50% of the APP for 2024/25 being paid in<br>shares. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>10.586844 | 33,779 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.13 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Justine<br>Campbell | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group<br>Chief Legal Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Under the National Grid plc Annual Performance Plan ('APP')<br>Ordinary shares were purchased in the market, which<br>relates to 33.33% of the APP for 2024/25 being paid in<br>shares. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>10.586844 | 6,531 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.13 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Steve<br>Smith | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Strategy and Regulation Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Under the National Grid plc Annual Performance Plan ('APP')<br>Ordinary shares were purchased in the market, which<br>relates to 33.33% of the APP for 2024/25 being paid in<br>shares. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>10.586844 | 5,059 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.13 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Will<br>Serle | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>People and Culture Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Under the National Grid plc Annual Performance Plan ('APP')<br>Ordinary shares were purchased in the market, which<br>relates to 33.33% of the APP for 2024/25 being paid in<br>shares. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>10.586844 | 5,500 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.13 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Courtney<br>Geduldig | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Corporate Affairs Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | American Depository Shares<br><br><br><br><br><br>US 6362744095 | |
| b) | Nature of the transaction | Under the National Grid plc Annual Performance Plan ('APP')<br>American Depositary Shares ('ADS') were purchased in the market,<br>which relates to 33.33% of the APP for 2024/25 being paid in<br>shares. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| USD<br>72.665000 | 1,436 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.13 | |
| f) | Place of the transaction | Outside of a Trading Venue | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Talvis<br>Love | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Information and Digital Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | American Depository Shares<br><br><br><br><br><br>US 6362744095 | |
| b) | Nature of the transaction | Under the National Grid plc Annual Performance Plan ('APP')<br>American Depositary Shares ('ADS') were purchased in the market,<br>which relates to 33.33% of the APP for 2024/25 being paid in<br>shares. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| USD<br>72.665000 | 1,570 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.13 | |
| f) | Place of the transaction | Outside<br>of a Trading Venue |
Exhibit 99.4
24 June 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 following PDMRs being granted awards under the Company's Long Term Performance Plan ('LTPP') on 23 June 2025.
Each of the LTPP Awards will vest on or after 30 June 2028 and are conditional on continued employment and on the satisfaction of the performance conditions approved by the Remuneration Committee.
In addition, as disclosed in the Company's 2024/25 Annual Report and Accounts, Executive Directors are required to retain the after-tax value of any shares under the LTPP award until the shareholding requirement is met, and in any event for two years after receipt. The LTPP award is subject to clawback and malus provisions. For further details of the LTPP, please see the Company's 2024/25 Annual Report and Accounts.
In accordance with MAR, the relevant Financial Conduct Authority notifications are set out below.
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
|---|---|---|---|
| a) | Name | Andy<br>Agg | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Financial Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Acquisition of a conditional award over securities, for nil<br>consideration, under the Long Term Performance Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 230,976 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.23 | |
| f) | Place of the transaction | Outside<br>of a Trading Venue | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Justine<br>Campbell | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Legal Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Acquisition of a conditional award over securities, for nil<br>consideration, under the Long Term Performance Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 140,014 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.23 | |
| f) | Place of the transaction | Outside<br>of a Trading Venue | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Courtney<br>Geduldig | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Corporate Affairs Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | American Depository Shares<br><br><br><br><br><br>US 6362744095 | |
| b) | Nature of the transaction | Acquisition of a conditional award over securities, for nil<br>consideration, under the Long Term Performance Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 21,260 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.23 | |
| f) | Place of the transaction | Outside<br>of a Trading Venue | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Talvis<br>Love | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Information and Digital Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | American Depository Shares<br><br><br><br><br><br>US 6362744095 | |
| b) | Nature of the transaction | Acquisition of a conditional award over securities, for nil<br>consideration, under the Long Term Performance Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 25,479 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.23 | |
| f) | Place of the transaction | Outside<br>of a Trading Venue | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | John<br>Pettigrew | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Executive | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Acquisition of a conditional award over securities, for nil<br>consideration, under the Long Term Performance Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 409,397 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.23 | |
| f) | Place of the transaction | Outside<br>of a Trading Venue | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Will<br>Serle | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>People Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Acquisition of a conditional award over securities, for nil<br>consideration, under the Long Term Performance Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 125,140 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.23 | |
| f) | Place of the transaction | Outside of a Trading Venue | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Steve<br>Smith | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Strategy and Regulations Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Acquisition of a conditional award over securities, for nil<br>consideration, under the Long Term Performance Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 114,047 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.06.23 | |
| f) | Place of the transaction | Outside<br>of a Trading Venue |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| NATIONAL GRID<br>plc | |
|---|---|
| By: | Beth Melges |
| Beth Melges<br><br><br>Head of Plc Governance |
Date: 30 June 2025