REG - National Grid PLC - National Grid plc Scrip Dividend

National GridAnnouncement

16/08/2022 09:00

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RNS Number : 0849W  National Grid PLC  16 August 2022

16 August 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 10,284,667 ordinary shares to be admitted to
trading, in relation to the operation of the Scrip Dividend Scheme for the
2021/22 final dividend, payable on 17 August 2022.  Dealings are expected to
commence on 17 August 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, 9,739,267 ordinary shares
are to be issued at a price of 1,106.80 pence per share.  In accordance with
the terms of the scrip dividend for US holders of American Depositary Receipts
('ADRs'), 109,080 ADRs (each representing 5 ordinary shares) are to be issued
at a price of US$69.3576, representing 545,400 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

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