Publication of Prospectus

RNS Number : 5173M

National Grid PLC

25 May 2010

 



25 May 2010

NATIONAL GRID PLC (the "Company")

PUBLICATION OF PROSPECTUS

Further to the announcement by the Company on 20 May 2010 concerning the Rights Issue to raise net proceeds of approximately £3.2 billion, the UK Listing Authority ("UKLA") has approved a prospectus (the "Prospectus") dated 25 May 2010.

Further details of the Rights Issue is set out in the Prospectus which is available on National Grid plc's website at

 http://www.nationalgrid.com/corporate/Investor+Relations/RightsIssue/  

and will be sent to shareholders who request a copy provided, subject to certain exceptions, they are persons outside the United States and the Excluded or Restricted Territories. Two copies of the Prospectus will also be made available for inspection by the public during normal London business hours at the UKLA's Documents Viewing Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS

Tel. [phone]

Important Information

This announcement does not constitute, or form part of an offer to sell, or the solicitation of an offer to subscribe for or buy, any Nil Paid Rights, Fully Paid Rights or New Shares.

This announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and dependencies, any State of the United States and the District of Columbia), Hong Kong, India, Japan, the People's Republic of China, the Republic of South Africa, or Switzerland. The distribution of this announcement and/or the Prospectus and/or the Provisional Allotment Letter and/or the Nil Paid Rights, Fully Paid Rights and New Shares into jurisdictions other than the United Kingdom may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdiction.

This document and the information contained herein do not contain or constitute an offer for sale or the solicitation of an offer to purchase securities in the United States, or any other jurisdiction. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the "Securities Act") and may not be offered sold, taken up, exercised, resold, renounced, transferred or delivered directly or indirectly within the United States absent registration or an exemption from the registration requirements of the Securities Act. There will be no public offer of the securities in the United States.

 

END

 

 

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