DividendJul 22, 2026, 06:31 AM
National Grid Scrip Dividend: 50.86M New Shares Admitted
AI Summary
National Grid plc announced the admission of 50,862,899 new ordinary shares to the Official List and London Stock Exchange in connection with its Scrip Dividend Scheme for the 2025/26 final dividend. Of these, 49,766,614 ordinary shares were issued at 1,197.70 pence per share. Additionally, 219,257 ADRs, representing 1,096,285 ordinary shares, were issued to US holders at US$80.5453 per ADR. Dealings for the new shares are expected to begin on July 23, 2026.
Key Highlights
- 50,862,899 ordinary shares to be admitted to trading on London Stock Exchange.
- 49,766,614 ordinary shares issued under Scrip Dividend Scheme at 1,197.70 pence per share.
- 219,257 American Depositary Receipts (ADRs) issued for US holders.
- ADRs represent 1,096,285 ordinary shares (including fractional entitlements).
- ADRs issued at a price of US$80.5453.
- Dealings for new shares expected to commence on July 23, 2026.
- New shares will rank pari passu with existing ordinary shares.
Price Impact
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