6-K
National Grid PLC (NGG)
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 March 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<br>99.1 Announcement sent to the London Stock Exchange on<br>04 March<br>2024 — Total Voting Rights |
| 99.2 | Exhibit<br>99.2 Announcement sent to the London Stock Exchange on 06<br>March<br>2024 — Director/PDMR Shareholding |
| 99.3 | Exhibit<br>99.3 Announcement sent to the London Stock Exchange on 08<br>March<br>2024 — Director/PDMR Shareholding |
Exhibit 99.1
4 March 2024
National Grid plc ('National Grid' or 'Company')
Voting Rights update
National Grid's registered capital as of 29 February 2024 consisted of 3,967,138,214 ordinary shares, of which, 247,415,915 were held as treasury shares; leaving a balance of 3,719,722,299 with voting rights.
The figure of 3,719,722,299 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, National Grid under the FCA's Disclosure Guidance and Transparency Rules.
Pritti Patel
Deputy Company Secretary and General Counsel, Corporate
Exhibit 99.2
6 March 2024
National Grid plc ('National Grid' or 'Company')
Notification of Transaction of Person Discharging Managerial Responsibilities ('PDMR')
This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR') and relates to the following PDMR acquiring shares following the partial vesting of an award under the Company's Retention Award Plan ('RAP').
This vesting relates to RAP Awards made to PDMR's in December 2021 & June 2022 respectively. The awards were conditional on continued employment with the Company and on the satisfaction of the performance conditions approved by the Remuneration Committee, which (after tax on the gross award) must be retained until the shareholding requirement is met. The awards are subject to malus and clawback provisions.
In accordance with MAR the relevant Financial Conduct Authority modification is set out below.
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
|---|---|---|---|
| a) | Name | Ben<br>Wilson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Strategy and Regulation Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary<br>shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Vesting<br>of the second tranche of shares in respect of the 10 December 2021<br>RAP Award. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 28,128 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2024.03.01 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary<br>shares of 12 204/473p each<br><br><br><br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Automatic<br>disposal of shares resulting from RAP Award exercise to cover tax<br>liabilities. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £10.410000 | 13,267 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2024.03.05 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Will<br>Serle | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief People & Culture Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary<br>shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Vesting<br>of the fourth tranche of shares in respect of the 1 June 2022 RAP<br>Award. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 11,471 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2024.03.01 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary<br>shares of 12 204/473p each<br><br><br><br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Automatic<br>disposal of shares resulting from RAP Award exercise to cover tax<br>liabilities. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £10.410000 | 5,756 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2024.03.05 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) |
Exhibit 99.3
8 March 2024
National Grid plc ('National Grid' or 'Company')
Notification of Transactions of Persons Discharging Managerial Responsibilities ('PDMRs')
This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR') and relates to the National Grid Share Incentive Plan ('SIP') monthly purchases on behalf of PDMRs.
In accordance with MAR, the relevant Financial Conduct Authority ('FCA') notifications are set out below.
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
|---|---|---|---|
| a) | Name | Andy<br>Agg | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Financial Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary<br>shares of 12 204/473p each<br><br><br><br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly<br>purchase of securities ("partnership<br><br><br>shares")<br>under the Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>10.565 | 15 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2024.03.07 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | John<br>Pettigrew | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>Executive Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary<br>shares of 12 204/473p each<br><br><br><br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly<br>purchase of securities ("partnership<br><br><br>shares")<br>under the Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>10.565 | 14 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2024.03.07 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Will<br>Serle | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief<br>People and Culture Officer | |
| b) | Initial notification /Amendment | Initial<br>notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary<br>shares of 12 204/473p each<br><br><br><br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly<br>purchase of securities ("partnership<br><br><br>shares")<br>under the Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>10.565 | 15 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2024.03.07 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Ben Wilson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Strategy and Regulation Officer | |
| b) | Initial notification /Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||
| a) | Name | National<br>Grid plc | |
| b) | LEI | 8R95QZMKZLJX5Q2XR704 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||
| a) | Description of the financial instrument, type of<br>instrument<br><br><br><br><br><br>Identification code | Ordinary<br>shares of 12 204/473p each<br><br><br><br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly<br>purchase of securities ("partnership<br><br><br>shares")<br>under the Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>10.565 | 15 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2024.03.07 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) |
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<br>plc | |
|---|---|
| By: | /s/Sally Kenward<br><br><br>_______________________ |
| Sally Kenward<br><br><br>Senior Assistant Company Secretary |
Date: 28 March 2024