UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
Date: 28 November 2024
Commission File Number: 001-14958
NATIONAL GRID plc
(Translation of registrant’s name into English)
England and Wales
(Jurisdiction of Incorporation)
1-3 Strand, London, WC2N 5EH, United Kingdom
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
☒ Form 20-F ☐ Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3- 2(b) under the Securities Exchange Act of 1934. ☐ Yes ☒ No
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a
EXHIBIT INDEX
Exhibit No. | Description
|
99.1 | Exhibit 99.1 Announcement sent to the London Stock Exchange on 28 November 2024 — Scrip Dividend for 2024/25 Interim Dividend |
Exhibit 99.1
28 November 2024
National Grid plc ('National Grid' or the 'Company')
Scrip Dividend for 2024/25 Interim Dividend
National Grid today announces the scrip dividend reference price for the 2024/25 interim dividend. A timetable is provided below.
For ordinary shareholders, the scrip dividend reference price for the 2024/25 interim dividend is 984.16 pence. This is calculated as the average closing mid-market price of an ordinary share for the five dealing days commencing with, and including, the ordinary share ex-dividend date.
For American Depositary Receipt ('ADR') holders, the scrip ADR reference price for the 2024/25 interim dividend is US$61.9430. This is calculated by multiplying the scrip dividend reference price above by five (as there are five ordinary shares underlying each ADR) and by the average US$ rate for the equivalent dates.
The current terms and conditions of the scrip dividend scheme are available in the Investors section on the Company's website and from the Company's Registrar, Equiniti (0800 169 7775).
2024/25 interim dividend timetable:
| | |
| 7 November 2024 | 2024/25 half-year results and interim dividend amount declared - 15.840 pence per ordinary share; $1.0196 per ADR* |
| 21 November 2024 | Ordinary shares and ADRs go ex-dividend |
| 22 November 2024 | Record date for the 2024/25 interim dividend |
| 28 November 2024 | Scrip reference price announced |
| 9 December 2024 (by 5pm EST) | Scrip election date for 2024/25 interim dividend - ADRs |
| 12 December 2024 (by 5pm GMT) | Scrip election date for 2024/25 interim dividend - Ordinary shares |
| 14 January 2025 | 2024/25 interim dividend paid to qualifying shareholders |
| | |
*The figure shown is gross of a $0.01 per ADR interim dividend fee which will be applied to cash distributions made to ADR holders in relation to the 2024/25 interim dividend. This fee does not apply to ADRs received through the scrip dividend.
Julian Baddeley
Group Company Secretary
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| | NATIONAL GRID plc |
| | | |
| | By: | Beth Melges |
| | | Beth Melges Head of Plc Governance |
Date: 28 November 2024
