Transaction in Own Shares

RNS Number : 5111A

National Grid PLC

28 December 2017

 

28 December 2017

National Grid plc ("National Grid")

ISIN Code: GB00BDR05C01

Transaction in Own Shares

National Grid announces that it has purchased the following number of its ordinary shares of 12^204/473p each on the London Stock Exchange from Barclays Capital Securities Limited ("Barclays") as part of its buy-back programme announced on 9 October 2017. The sole purpose of the programme is, as previously announced, to reduce the share capital of National Grid as part of the return of proceeds to shareholders following the sale of a majority interest in National Grid's UK gas distribution business.

Date of purchase:	28 December 2017
Number of Ordinary shares of 12204/473p each purchased:	14,172
Highest price paid per share (pence):	870.0000
Lowest price paid per share (pence):	870.0000
Volume weighted average price paid per share:	870.0000

National Grid intends to hold the purchased shares in treasury. Following the purchase of these shares, National Grid holds 241,696,053 of its ordinary shares in treasury and has 3,375,874,072 ordinary shares in issue (excluding treasury shares).

A schedule of individual trades carried out by Barclays (BARCGBN1) as principal in connection with the above purchases on 28 December 2017 is set out below.

Schedule of purchases - aggregate information

Trading venue	Volume weighted average price (pence per share)	Aggregated volume
BATS Europe	867.9660	1,143
Chi-X Europe	868.0000	3,499
Turquoise	868.0000	1,480
London Stock Exchange	867.9944	8,050

Schedule of purchases - individual transactions

Number of shares purchased	Transaction price (pence per share)	Time of transaction (including time zone)	Trading venue	Transaction reference number
388	868.00	08:02:52	Chi-X Europe	592210444352803000
640	868.00	08:02:52	BATS Europe	606284194798777000
114	868.00	08:02:52	BATS Europe	606284194798777000
389	867.90	08:02:52	BATS Europe	592210444352803000
33	868.00	08:05:32	London Stock Exchange	606284194798777000
96	868.00	08:05:32	London Stock Exchange	606284194798777000
700	868.00	08:05:32	London Stock Exchange	606284194798777000
321	868.00	08:05:32	London Stock Exchange	606284194798777000
449	867.90	08:05:45	London Stock Exchange	592210444352804000
1,202	868.00	16:08:31	London Stock Exchange	592210444353078000
93	868.00	16:08:31	London Stock Exchange	592210444353078000
979	868.00	16:08:31	London Stock Exchange	606284194799036000
451	868.00	16:08:31	London Stock Exchange	606284194799036000
467	868.00	16:08:31	Turquoise	592210444353078000
389	868.00	16:08:31	Turquoise	606284194799036000
25	868.00	16:08:31	Chi-X Europe	606284194799036000
1,091	868.00	16:08:31	London Stock Exchange	592210444353078000
1,408	868.00	16:08:31	London Stock Exchange	592210444353078000
1,183	868.00	16:08:31	London Stock Exchange	606284194799036000
1,364	868.00	16:08:31	Chi-X Europe	606284194799036000
883	868.00	16:08:31	Chi-X Europe	606284194799036000
379	868.00	16:08:31	Chi-X Europe	606284194799036000
266	868.00	16:08:31	Turquoise	606284194799036000
460	868.00	16:08:31	Chi-X Europe	606284194799036000
358	868.00	16:08:31	Turquoise	606284194799036000
44	868.00	16:08:31	London Stock Exchange	606284194799036000

This announcement will also be available on National Grid's website at http://investors.nationalgrid.com/rns.aspx. 

Enquiries to:

C James, Company Secretarial Assistant, (0207 004 3116).

 

END

 

 

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