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On 16 July 2025, National Grid plc confirmed an application was made to the Financial Conduct Authority and London Stock Exchange for 59,266,294 ordinary shares to be admitted to the Official List and trading for its 2024/25 final Scrip Dividend Scheme, with dealings expected to commence on 17 July 2025. Under the scheme, 58,457,054 ordinary shares will be issued at 1,040.40 pence per share, and 161,848 American Depositary Receipts (representing 809,240 ordinary shares) will be issued to US holders at US$70.3102.
| Date | 16 Jul 2025 |
| Time | 09:45:00 |
| Category | Capital structure |
| ID | 2979R |
16 July 2025
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 59,266,294 ordinary shares to be admitted to trading, in relation to the operation of the Scrip Dividend Scheme for the 2024/25 final dividend, payable on 17 July 2025. Dealings are expected to commence on 17 July 2025 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 Scheme, 58,457,054 ordinary shares are to be issued at a price of 1,040.40 pence per share. In accordance with the terms of the scrip dividend for US holders of American Depositary Receipts ('ADRs'), 161,848 ADRs (each representing five ordinary shares) are to be issued at a price of US$70.3102, representing 809,240 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.
Julian Baddeley
Group Company Secretary