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REG - National Grid PLC - National Grid plc Scrip Dividend

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RNS Number : 2979R  National Grid PLC  16 July 2025

16 July 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 59,266,294 ordinary shares to be admitted to
trading, in relation to the operation of the Scrip Dividend Scheme for the
2024/25 final dividend, payable on 17 July 2025.  Dealings are expected to
commence on 17 July 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, 58,457,054 ordinary
shares are to be issued at a price of 1,040.40 pence per share. In accordance
with the terms of the scrip dividend for US holders of American Depositary
Receipts ('ADRs'), 161,848 ADRs (each representing five ordinary shares) are
to be issued at a price of US$70.3102, representing 809,240 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

 

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