REG - National Grid PLC - National Grid plc Scrip Dividend

National GridAnnouncement

18/07/2024 09:00

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RNS Number : 8244W  National Grid PLC  18 July 2024

18 July 2024

 

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 74,024,449 ordinary shares to be admitted to
trading, in relation to the operation of the Scrip Dividend Scheme for the
2023/24 final dividend, payable on 19 July 2024.  Dealings are expected to
commence on 19 July 2024 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, 72,993,919 ordinary
shares are to be issued at a price of 869.20 pence per share.  In accordance
with the terms of the scrip dividend for US holders of American Depositary
Receipts ('ADRs'), 206,106 ADRs (each representing five ordinary shares) are
to be issued at a price of US$55.4376, representing 1,030,530 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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