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: 31 March 2025
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<br>No. | Description |
|---|---|
| 99.1 | Exhibit<br>99.1 Announcement sent to the London Stock Exchange on 03 March<br>2025 —<br>Total Voting Rights |
| 99.2 | Exhibit<br>99.2 Announcement sent to the London Stock Exchange on 10 March<br>2025 —<br>Director/PDMR Shareholding |
| 99.3 | Exhibit<br>99.3 Announcement sent to the London Stock Exchange on 11 March<br>2025 —<br>Director/PDMR Shareholding |
Exhibit 99.1
3 March 2025
National Grid plc ('National Grid' or 'Company')
Voting Rights update
National Grid's registered capital as of 28 February 2025 consisted of 5,132,617,708 ordinary shares, of which, 240,357,022 were held as treasury shares; leaving a balance of 4,892,260,686 with voting rights.
The figure of 4,892,260,686 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.
Julian Baddeley
Group Company Secretary
Exhibit 99.2
10 March 2025
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'). 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<br>code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly purchase of securities ("partnership shares") under the<br>Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>9.1909 | 17 | ||
| 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 | 2025.03.07 | |
| 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 | |
| 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<br>code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly purchase of securities ("partnership shares") under the<br>Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>9.1909 | 16 | ||
| 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 | 2025.03.07 | |
| 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<br>code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Monthly purchase of securities ("partnership shares") under the<br>Share Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP<br>9.1909 | 17 | ||
| 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 | 2025.03.07 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) |
Exhibit 99.3
11 March 2025
National Grid plc ('National Grid' or 'Company')
Notification of Transactions of Persons Discharging Managerial Responsibilities ('PDMR')
This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR') and relates to the following PDMRs acquiring shares following partial vestings of awards under the Company's Retention Award Plan ('RAP').
The vestings relate to RAP Awards made to Will Serle on 1 June 2022 and Talvis Love on 3 June 2024. The RAP 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 requirements are met. The RAP awards are subject to malus and clawback provisions.
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 | Will Serle | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief People and Culture 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<br>code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Shares acquired following the vesting of the sixth tranche of<br>shares in respect of the 1 June 2022 RAP Award. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 13,386 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.03.10 | |
| 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<br>code | Ordinary shares of 12 204/473p each<br><br><br><br><br><br>GB00BDR05C01 | |
| b) | Nature of the transaction | Automatic disposal of shares resulting from RAP Award exercise to<br>cover tax liabilities. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £9.381 | 6,717 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.03.10 | |
| f) | Place of the transaction | London<br>Stock Exchange (XLON) | |
| 1 | Details of the person discharging managerial responsibilities /<br>person closely associated | ||
| --- | --- | --- | --- |
| a) | Name | Talvis Love | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Digital and Information 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<br>code | American Depository Shares<br><br><br><br><br><br>US 6362744095 | |
| b) | Nature of the transaction | Shares acquired following the vesting of the first tranche of<br>shares in respect of the 3 June 2024 RAP Award. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 10,624 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.03.10 | |
| f) | Place of the transaction | New<br>York Stock Exchange (NYSE) | |
| 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<br>code | American Depository Shares<br><br><br><br><br><br>US 6362744095 | |
| b) | Nature of the transaction | Automatic disposal of shares resulting from RAP Award exercise to<br>cover tax liabilities. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| $62.090 | 3,286 | ||
| d) | Aggregated information<br><br><br><br><br><br>- Aggregated volume<br><br><br><br><br><br>- Price | ||
| e) | Date of the transaction | 2025.03.10 | |
| f) | Place of the transaction | New<br>York Stock Exchange (NYSE) |
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: | Beth Melges |
| Beth Melges<br><br><br>Head of Plc Governance |
Date: 31 March 2025