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National GridAnnouncement

11/06/2024 16:00

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RNS Number : 0217S  National Grid PLC  11 June 2024

11 June 2024

 

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

 

Notification of Major Interest in National Grid Ordinary Shares

 

National Grid has received a notification on Form TR-1 from The Goldman Sachs
Group, Inc. that its total interest in National Grid voting ordinary shares is
as shown below.

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BDR05C01

Issuer Name

NATIONAL GRID PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of
financial instruments

3. Details of person subject to the notification obligation

Name

The Goldman Sachs Group, Inc.

City of registered office (if applicable)

Wilmington, Delaware

Country of registered office (if applicable)

USA

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

06-Jun-2024

6. Date on which Issuer notified

10-Jun-2024

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  2.730473                                              0.007206                                                                   2.737679                        101883792
 Position of previous notification (if applicable)                          2.032675                                              1.724757                                                                   3.757432

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BDR05C01                                                                          95574937                                                                         2.568156
 US6362744095                                                                          6040684                                                                          0.162317
 Sub Total 8.A                                101615621                                                                             2.730473%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted
 Securities Lending            Open                                         77174                                                              0.002074
 Sub Total 8.B1                                                             77174                                                              0.002074%

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights
 Swap                          23-Aug-2024                                  Cash                         125636                   0.003376
 Swap                          23-May-2034                                  Cash                         19756                    0.000531
 Swap                          23-May-2034                                  Cash                         29601                    0.000795
 Call Warrant                  31-Dec-2030                                  Cash                         4311                     0.000116
 Call Warrant                  31-Dec-2030                                  Cash                         1412                     0.000038
 Call Warrant                  31-Dec-2030                                  Cash                         4281                     0.000115
 Call Warrant                  31-Dec-2030                                  Cash                         6000                     0.000161
 Sub Total 8.B2                                                                                          190997                   0.005132%

9. Information in relation to the person subject to the notification
obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 Ultimate controlling person              Name of controlled undertaking                                        % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                                                            than the notifiable threshold
 The Goldman Sachs Group, Inc. (Chain 1)
 The Goldman Sachs Group, Inc. (Chain 1)  Goldman Sachs (UK) L.L.C.
 The Goldman Sachs Group, Inc. (Chain 1)  Goldman Sachs Group UK Limited
 The Goldman Sachs Group, Inc. (Chain 1)  Goldman Sachs International
 The Goldman Sachs Group, Inc. (Chain 2)
 The Goldman Sachs Group, Inc. (Chain 2)  GSAM Holdings LLC
 The Goldman Sachs Group, Inc. (Chain 2)  Goldman Sachs Asset Management Holdings LLC
 The Goldman Sachs Group, Inc. (Chain 2)  Goldman Sachs Asset Management UK Holdings I Ltd
 The Goldman Sachs Group, Inc. (Chain 2)  Goldman Sachs Asset Management UK Holdings II Ltd
 The Goldman Sachs Group, Inc. (Chain 2)  Goldman Sachs Asset Management Holdings I B.V. / Goldman Sachs Asset
                                          Management Holdings II B.V.
 The Goldman Sachs Group, Inc. (Chain 2)  Goldman Sachs Asset Management Holdings B.V.
 The Goldman Sachs Group, Inc. (Chain 3)
 The Goldman Sachs Group, Inc. (Chain 3)  Goldman Sachs Bank USA
 The Goldman Sachs Group, Inc. (Chain 3)  Goldman Sachs Bank Europe SE
 The Goldman Sachs Group, Inc. (Chain 4)
 The Goldman Sachs Group, Inc. (Chain 4)  Goldman Sachs & Co. LLC
 The Goldman Sachs Group, Inc. (Chain 5)
 The Goldman Sachs Group, Inc. (Chain 5)  GSAM Holdings LLC
 The Goldman Sachs Group, Inc. (Chain 5)  Goldman Sachs Asset Management, L.P.
 The Goldman Sachs Group, Inc. (Chain 6)
 The Goldman Sachs Group, Inc. (Chain 6)  Folio Financial, Inc.
 The Goldman Sachs Group, Inc. (Chain 6)  Folio Investments Inc.
 The Goldman Sachs Group, Inc. (Chain 7)
 The Goldman Sachs Group, Inc. (Chain 7)  The Goldman Sachs Trust Company, National Association
 The Goldman Sachs Group, Inc. (Chain 7)  The Goldman Sachs Trust Company of Delaware
 The Goldman Sachs Group, Inc. (Chain 8)
 The Goldman Sachs Group, Inc. (Chain 8)  GSAM Holdings LLC
 The Goldman Sachs Group, Inc. (Chain 8)  Goldman Sachs Asset Management, L.P.
 The Goldman Sachs Group, Inc. (Chain 8)  Goldman Sachs Asset Management International Holdings L.L.C.
 The Goldman Sachs Group, Inc. (Chain 8)  Goldman Sachs Asset Management Co., Ltd.

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Please note, the total amount of voting rights have been rounded to 6 decimal
places therefore there is a possibility of a rounding error.

General email contact:
gs-regops-emea-position-enquiries@gs.com
(mailto:gs-regops-emea-position-enquiries@gs.com)

12. Date of Completion

10-Jun-2024

13. Place Of Completion

Warsaw

 

This notice is in compliance with National Grid's obligations under the
Disclosure and Transparency Rules.

 

Pritti Patel

Deputy Company Secretary and General Counsel, Corporate

 

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