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National Grid Electricity Transmission plc announced on April 9, 2025, its agreement to repurchase in full the £50,000,000 1.608 per cent. Instruments due August 2040. Settlement is expected on or around April 11, 2025, after which the repurchased Instruments will be cancelled, leaving no Instruments outstanding. Following this, the Issuer intends to request the Financial Conduct Authority cancel the listing and the London Stock Exchange cancel the admission to trading of these Instruments.
| Date | 9 Apr 2025 |
| Time | 17:33:02 |
| Category | Miscellaneous |
| ID | 3917E |
9 April 2025
National Grid Electricity Transmission plc
Legal Entity Identifier: 5XJXCCYG4SDKFJ5WLB02
(the "Issuer")
Announcement of the Repurchase and Cancellation of the £50,000,000 1.608 per cent. Instruments due 24 August 2040
ISIN: XS2221861961
Common Code: 222186196
National Grid Electricity Transmission plc hereby announces that it has today agreed to repurchase in full the £50,000,000 1.608 per cent. Instruments due August 2040 (ISIN: XS2221861961) (the "Instruments").
The settlement of the repurchase is expected to occur on or around 11 April 2025. The repurchased Instruments will then be cancelled and following this cancellation, no Instruments will remain outstanding.
Following the repurchase, the Issuer intends to request that: (i) the Financial Conduct Authority (the "FCA") cancel the listing of the Instruments on the Official List of the FCA; and (ii) the London Stock Exchange (the "LSE") cancels the admission to trading of the Instruments on the Main Market of the LSE.
For and on behalf of
National Grid Electricity Transmission plc
9 April 2025
For further information, please contact:
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Kwok Liu |
+44 (0) 7900 405 729 (m) |
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Deputy Treasurer, Funding & Investment National Grid plc |
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Danielle Dominey-Kent |
+44 (0) 1926 656 536 |
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Corporate Communications National Grid plc |
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