REG - National Grid PLC - Scrip Dividend for 2024/25 Interim Dividend

National GridAnnouncement

28/11/2024 13:30

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RNS Number : 0680O  National Grid PLC  28 November 2024

 

 

 

28 November 2024

 

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

 

Scrip Dividend for 2024/25 Interim Dividend

 

National Grid today announces the scrip dividend reference price for the
2024/25 interim dividend. A timetable is provided below.

 

For ordinary shareholders, the scrip dividend reference price for the 2024/25
interim dividend is 984.16 pence. This is calculated as the average closing
mid-market price of an ordinary share for the five dealing days commencing
with, and including, the ordinary share ex-dividend date.

 

For American Depositary Receipt ('ADR') holders, the scrip ADR reference price
for the 2024/25 interim dividend is US$61.9430. This is calculated by
multiplying the scrip dividend reference price above by five (as there are
five ordinary shares underlying each ADR) and by the average US$ rate for the
equivalent dates.

 

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 the Company's Registrar, Equiniti (0800 169 7775).

 

2024/25 interim dividend timetable:

 7 November 2024                2024/25 half-year results and interim dividend amount declared - 15.840 pence
                                per ordinary share; $1.0196 per ADR*
 21 November 2024               Ordinary shares and ADRs go ex-dividend
 22 November 2024               Record date for the 2024/25 interim dividend
 28 November 2024               Scrip reference price announced
 9 December 2024 (by 5pm EST)   Scrip election date for 2024/25 interim dividend - ADRs
 12 December 2024 (by 5pm GMT)  Scrip election date for 2024/25 interim dividend - Ordinary shares
 14 January 2025                2024/25 interim dividend paid to qualifying shareholders

*The figure shown is gross of a $0.01 per ADR interim dividend fee which will
be applied to cash distributions made to ADR holders in relation to the
2024/25 interim dividend. This fee does not apply to ADRs received through the
scrip dividend.

 

 

Julian Baddeley

Group Company Secretary

 

 

 

 

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