Share Name Share Symbol Market Type Share ISIN Share Description
National Grid Plc LSE:NG. London Ordinary Share GB00BDR05C01 ORD 12 204/473P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.70 0.52% 915.40 915.30 915.40 916.20 906.40 906.40 1,273,000 13:33:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 14,933.0 2,489.0 44.6 20.5 31,860

National Grid PLC Notice of Redemption

13/09/2019 3:30pm

UK Regulatory (RNS & others)


National Grid (LSE:NG.)
Historical Stock Chart

2 Months : From Aug 2019 to Oct 2019

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TIDMNG. TIDM82ET

RNS Number : 3148M

National Grid PLC

13 September 2019

NOTICE OF REDEMPTION

to the holders of

NGG Finance plc

(the "Issuer")

EUR1,250,000,000 Fixed Rate Resettable Capital Securities due 2076

(the "Securities")

ISIN: XS0903531795

Common Code: 090353179

NOTICE IS HEREBY GIVEN to holders of the outstanding Securities of the Issuer that, in accordance with Condition 7(e) (Redemption Following Substantial Repurchase) of the Securities, the Issuer has decided to redeem all of its outstanding Securities on 14 October 2019 (the "Redemption Date") at their principal amount, together with any accrued and unpaid interest up to (but excluding) the Redemption Date (including any accrued but unpaid Deferred Interest).

All conditions of the Securities remain unchanged until redemption and unless otherwise defined in this Notice, terms used in this Notice have the meanings given to them in the Securities.

Furthermore, the Issuer hereby provides notice that it intends to cancel the listing of the Securities, which are listed on the Official List of the Financial Conduct Authority and traded on the Main Market of the London Stock Exchange plc.

Accordingly, the Issuer will request the Financial Conduct Authority to cancel the listing of the Securities on or around 14 October 2019.

For further information, please contact:

Kwok Liu

Deputy Treasurer, Funding & Investment

National Grid plc

1-3 Strand

London WC2N 5EH

Tel: +44 (0) 20 7004 3367

Fax: +44 (0) 20 7004 3363

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCGGUAWBUPBGGW

(END) Dow Jones Newswires

September 13, 2019 10:30 ET (14:30 GMT)

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