REG - National Grid PLC - National Grid plc Scrip Dividend

National GridAnnouncement

13/01/2025 09:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250113:nRSM0753Ta&default-theme=true

RNS Number : 0753T  National Grid PLC  13 January 2025

13 January 2025

 

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 6,006,065 ordinary shares to be admitted to
trading, in relation to the operation of the Scrip Dividend Scheme for the
2024/25 interim dividend, payable on 14 January 2025.  Dealings are expected
to commence on 14 January 2025 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 Scheme, 5,586,770 ordinary
shares are to be issued at a price of 984.16 pence per share.  In accordance
with the terms of the scrip dividend for US holders of American Depositary
Receipts ('ADRs'), 83,859 ADRs (each representing five ordinary shares) are to
be issued at a price of US$61.9430, representing 419,295 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)
.

 

 

Julian Baddeley

Group Company Secretary

 

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  DIVBJMLTMTTBMTA