Post-Stabilisation Notice- National Grid Electrici
Summary by AI BETAClose X
12th February 2026
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
National Grid Electricity Transmission plc
Post-stabilisation Period Announcement
Societe Generale (contact: Duane Elgey +44 20 3547 1528) gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) [as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018]) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.
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Securities |
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Issuer: |
National Grid Electricity Transmission plc |
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Guarantor(s) (if any): |
N/A |
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Aggregate nominal amount: |
EUR 650m |
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Description: |
Coupon: 3.563% FXD, Annual, Act/Act (ICMA) Maturity: 3 February 2034 |
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Offer price: |
100 |
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Stabilisation: |
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Stabilisation Manager(s) |
SG CIB |
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Stabilisation period expected to start on |
27/01/2026 |
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Stabilisation period expected to end no later than |
05/03/2026
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Existence, maximum size and conditions of use of over‑allotment facility: |
The Stabilisation Manager(s) may over‑allot the securities to the extent permitted in accordance with applicable law. |
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.
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