National Grid plc Scrip Dividend

National Grid PLC
10 January 2024
 

10 January 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 31,477,272 ordinary shares to be admitted to trading, in relation to the operation of the Scrip Dividend Scheme for the 2023/24 interim dividend, payable on 11 January 2024.  Dealings are expected to commence on 11 January 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, 31,102,632 ordinary shares are to be issued at a price of 1,015.60 pence per share.  In accordance with the terms of the scrip dividend for US holders of American Depositary Receipts ('ADRs'), 74,928 ADRs (each representing 5 ordinary shares) are to be issued at a price of US$64.1402, representing 374,640 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 and from Equiniti on 0800 169 7775 or help.shareview.co.uk

 

 

Pritti Patel

Deputy Company Secretary & General Counsel, Corporate

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 or visit 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.
 
END
 
 
UK 100

Latest directors dealings