REG - National Grid PLC - National Grid plc Scrip Dividend

National GridAnnouncement

18/01/2022 09:05

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220118:nRSR7251Ya&default-theme=true

RNS Number : 7251Y  National Grid PLC  18 January 2022

18 January 2022

 

National Grid plc ('National Grid' or 'Company')

 

National Grid plc Scrip Dividend

 

National Grid confirms that an application has been made to the Financial
Conduct Authority for ordinary shares to be admitted to the Official List, and
to the London Stock Exchange for 27,794,999 ordinary shares to be admitted to
trading, in relation to the operation of the Scrip Dividend Scheme for the
2021/22 interim dividend, payable on 19 January 2022.  Dealings are expected
to commence on 19 January 2022 and the shares will rank pari passu with the
existing issued ordinary shares of the Company.

In accordance with the terms of the scrip dividend, 27,794,999 ordinary shares
are to be issued at a price of 1015.80 pence per share.  In accordance with
the terms of the scrip dividend for US holders of American Depositary Receipts
('ADRs'), 73,873 ADRs (each representing 5 ordinary shares) are to be issued
at a price of US$67.3374, representing 369,365 ordinary shares (including
fractional entitlements).

The current terms and conditions of the scrip dividend scheme are available in
the Investors section on the Company's website
(https://www.nationalgrid.com/investors/shareholder-information/dividends/scrip-dividend-scheme)
and from Equiniti on 0800 169 7775 or help.shareview.co.uk
(https://www.shareview.co.uk/4/Info/Portfolio/Default/en/Home/Help/Pages/Help.aspx)
.

 

 

Megan Barnes

Head of Company Secretariat

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVEAKFXFLLAEFA