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National Grid (NEWEN) details voting rights and executive share deals

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

National Grid plc reports an update on its share capital and recent executive share transactions. As of 31 January 2026, the company had 5,198,968,690 ordinary shares in issue, including 227,677,364 held in treasury, leaving 4,971,291,326 shares with voting rights for regulatory disclosure calculations.

The chief executive, Zoë Yujnovich, received a grant of a five-year option over 3,292 ordinary shares under the 2025/26 Sharesave Plan at an exercise price of £9.28, first exercisable from 1 April 2031. On 9 February 2026, chief financial officer Andy Agg and chief people officer Will Serle each bought 12 ordinary shares as monthly “partnership shares” under the Share Incentive Plan at GBP 12.841519 per share on the London Stock Exchange.

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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: 27 February 2026
 
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 02 February 2026 — Total Voting Rights
99.2
 
Exhibit 99.2 Announcement sent to the London Stock Exchange on 04 February 2026 — Director/PDMR Shareholding
99.3
 
Exhibit 99.3 Announcement sent to the London Stock Exchange on 10 February 2026 — Director/PDMR Shareholding
 
 
Exhibit 99.1
 
 
2 February 2026
 
National Grid plc ('National Grid' or 'Company')
 
Voting Rights update
 
 
National Grid's registered capital as of 31 January 2026 consisted of 5,198,968,690 ordinary shares, of which, 227,677,364 were held as treasury shares; leaving a balance of 4,971,291,326 with voting rights.
 
The figure of 4,971,291,326 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
 
 
4 February 2026
 
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 grant of options to the following PDMR, under the Company's Sharesave Plan ('SAYE').
 
In accordance with MAR, the relevant Financial Conduct Authority notification is set out below.
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Zoë Yujnovich
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Executive
b)
 
Initial notification /Amendment
 
Initial notification
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
 
Description of the financial instrument, type of instrument
 
Identification code
Ordinary shares of 12 204/473p each
 
GB00BDR05C01
 
b)
 
Nature of the transaction
 
Grant of a 5 year option over ordinary shares under the National Grid 2025/26 Sharesave Plan which will first become exercisable 1 April 2031.
 
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
£9.28
 
3,292
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
Date of the transaction
2026.01.30
 
f)
Place of the transaction
Outside a trading venue
 
 
 
 Exhibit 99.3
 
 
10 February 2026
 
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 / person closely associated
 
a)
 
Name
 
Andy Agg
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Financial Officer
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Monthly purchase of securities ("partnership shares") under the Share Incentive Plan
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 12.841519
 
12
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2026.02.09
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
1
 
Details of the person discharging managerial responsibilities / person closely associated
 
a)
 
Name
 
Will Serle
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief People Officer
 
b)
 
Initial notification /Amendment
 
Initial notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
National Grid plc
 
b)
 
LEI
 
8R95QZMKZLJX5Q2XR704
 
4
 
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 
a)
 
Description of the financial instrument, type of instrument
 
Identification code
 
Ordinary shares of 12 204/473p each
 
GB00BDR05C01
b)
 
Nature of the transaction
 
Monthly purchase of securities ("partnership shares") under the Share Incentive Plan
c)
 
Price(s) and volume(s)
 
 
Price(s)
 
Volume(s)
GBP 12.841519
 
12
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
e)
 
Date of the transaction
 
2026.02.09
 
f)
 
Place of the transaction
 
London 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 plc
 
 
 
 
 
By:
 
Beth Melges
 
 
 
Beth Melges
Head of Plc Governance
 
 
 
 
Date: 27 February 2026


FAQ

What voting rights did National Grid (NEWEN) report as of 31 January 2026?

National Grid reported 4,971,291,326 ordinary shares with voting rights as of 31 January 2026. Total registered capital was 5,198,968,690 ordinary shares, of which 227,677,364 were held in treasury and therefore did not carry voting rights for disclosure calculations.

How many shares in total does National Grid (NEWEN) have in issue?

National Grid’s registered capital comprised 5,198,968,690 ordinary shares as of 31 January 2026. Of these, 227,677,364 were held as treasury shares, leaving 4,971,291,326 ordinary shares carrying voting rights for use in FCA disclosure and transparency calculations.

What stock option grant did National Grid (NEWEN) make to its chief executive?

Chief executive Zoë Yujnovich received a five-year option over 3,292 ordinary shares at £9.28 per share. The option was granted under the National Grid 2025/26 Sharesave Plan and will first become exercisable on 1 April 2031, subject to the plan’s terms.

Which National Grid (NEWEN) executives purchased partnership shares in February 2026?

Chief financial officer Andy Agg and chief people officer Will Serle each made monthly purchases of 12 “partnership shares” on 9 February 2026. These ordinary shares were acquired under the Share Incentive Plan at a price of GBP 12.841519 per share on the London Stock Exchange.

How can National Grid (NEWEN) shareholders use the voting rights figure in this report?

Shareholders may use the 4,971,291,326 ordinary shares with voting rights as the denominator for regulatory notifications. This figure helps determine when their interest in National Grid crosses thresholds requiring disclosure under the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.