National Grid 2008 Annual Report Download - page 627

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 32890
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-15.1, Doc: 16, Page: 102
Description: EXHIBIT 15.1
0/4298.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/298/4*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 32890
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-15.1, Doc: 16, Page: 102 Description: EXHIBIT 15.1
0/4298.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/298/4*
Table of Contents
110
Directors’ Remuneration Re
p
ort continued
National Grid plc
5. Directors’ beneficial interests
The Directors’ beneficial interests (which include those of their families) in National Grid ordinary shares of 11
17
/
43
pence each
are shown below.
6. National Grid share price range
The closing price of a National Grid ordinary share on 31 March 2008 was 691.5p. The range during the year was 863p
(high) and 686p (low). Please note the Register of Directors’ Interests contains full details of shareholdings and options/awards
held by Directors as at 31 March 2008.
On behalf of the Board
Helen Mahy
Company Secretary & General
Counsel 14 May 2008
Options/awards over
Ordinary shares at Ordinary shares at ordinary shares at
31 March 2008 1 April 2007 Options/awards over 1 April 2007
or, if earlier, on or, if later, on ordinary shares at or, if later, on
Table 5 retirement
†
(i)
appointment* 31 March 2008 appointment*
Sir John Parker 77,115 63,994
–
–
Steve Hollida
y
(
ii
)
(
iii
)
28,488 28,293 650,759 506,977
Bob Catell 15,000 –* 85,420 –*
Steve Lucas
(
ii
)
(
iv
)
79,438 69,412 468,133 439,921
Nick Winser
(
ii
)
69,937 60,624 384,941 355,334
Mark Fairbairn
(
ii
)
(
iii
)
28,584 20,838 282,505 224,625
Tom King – –* 297,465 –*
Edward Astle
(
ii
)
28,428 28,428 473,981 572,019
Ken Harve
y
3,740 3,399
–
–
Linda Adaman
y
2,000
–
–
–
John Allan 2,000 2,000
–
–
Stephen Pettit 2,632 2,632 – –
Maria Richter 3,255 1,755
–
–
Geor
g
e Rose 4,852 4,409
–
–
Paul Joskow 4,385
†
4,385
–
–
(i) There has been no other change in the beneficial interests of the Directors in ordinary shares between 1 April 2008 and 14 May 2008, except in respect of routine monthly purchases
under the SIP (see note (iii) below).
(ii) Each of the Executive Directors, with the exception of Bob Catell and Tom King, was for Companies Act purposes deemed to be a potential beneficiary under the National Grid plc 1996
Employee Benefit Trust and the National Grid Employee Share Trust and thereby to have an interest in 25,836 and 155,768 ordinary shares respectively, as at 31 March 2008.
(iii) Beneficial interest includes shares purchased under the monthly operation of the SIP in the year to 31 March 2008. In April and May 2008 a further 35 shares were purchased on behalf of
Steve Holliday and Mark Fairbairn respectively.
(iv) Steve Lucas was for Companies Act purposes deemed to be a potential beneficiary in 8,880 ordinary shares held by Lattice Group Trustees Limited as trustee of the Lattice Group
Employee Share Ownership Trust as at 31 March 2008.