National Grid PLC filings document foreign-issuer disclosures for a U.K.-incorporated utility whose ADRs trade under NGG. The company's Form 6-K reports furnish London Stock Exchange announcements covering total voting rights, treasury shares, Director/PDMR shareholding notifications, scrip dividend mechanics, and ADR-related dividend issuance.
The filing record also includes operating and regulatory updates for National Grid's electricity transmission and distribution businesses, including financial framework disclosures, RIIO-T3 matters, pre-close results updates, and debt-market documents such as supplementary prospectuses for the Euro Medium Term Note Programme involving National Grid plc and National Grid Electricity Transmission plc.
National Grid plc filed an update covering its share capital and recent insider share purchases. As of 31 October 2025, the company’s registered capital comprised 5,191,884,002 ordinary shares, including 230,345,795 shares held in treasury, leaving 4,961,538,207 shares with voting rights. This figure is the reference shareholders use to determine when they must notify changes in their holdings under UK disclosure rules.
The filing also reports routine purchases of ordinary shares by senior management under National Grid’s Share Incentive Plan. On 7 November 2025, Chief Financial Officer Andy Agg, Chief Executive John Pettigrew and Chief People Officer Will Serle each acquired 13 partnership shares at a price of GBP 11.588 per share. In addition, on 17 November 2025 Non-Executive Director Iain Mackay bought 4,500 ordinary shares at GBP 11.735285 per share on the London Stock Exchange.
National Grid plc has set the scrip dividend reference prices for its 2025/26 interim dividend and confirmed the payment timetable. Ordinary shareholders can take shares instead of cash at a scrip reference price of 1,130.40 pence per share, based on the average closing mid-market price over the five dealing days starting on the ex-dividend date. ADR holders have a scrip ADR reference price of US$74.2334, reflecting five underlying ordinary shares per ADR and the average US dollar exchange rate.
The 2025/26 interim dividend has been declared at 16.35 pence per ordinary share and $1.0657 per ADR. A $0.01 per ADR interim dividend fee applies to cash distributions to ADR holders but not to ADRs received through the scrip option. Key dates include the ex-dividend dates on 20–21 November 2025, scrip election deadlines on 8 and 11 December 2025, and the dividend payment date on 13 January 2026.
National Grid plc reports that BlackRock, Inc. has notified a major holding in its ordinary shares under the UK Disclosure and Transparency Rules. BlackRock now holds a total of 8.17% of National Grid’s voting rights, corresponding to 406,584,816 voting rights in the company. This compares with a previous notified total of 8.12%.
The position includes 7.32% of voting rights attached to shares, representing 363,408,544 voting rights, and 0.85% through financial instruments, including American Depositary Receipts, securities lending and cash-settled CFDs. The notice confirms compliance with UK transparency requirements and lists the BlackRock group entities through which the holding is managed.
National Grid plc reports that it has received a major shareholding notification from BlackRock, Inc. under the Disclosure and Transparency Rules. BlackRock now holds a total interest of 8.120000% in National Grid voting ordinary shares, representing 403585440 voting rights. This consists of 4.870000% of voting rights attached to shares, equal to 241775449 voting rights, and a further 3.250000% through financial instruments. These instruments include American Depository Receipts with 5135800 voting rights (0.100000%), securities lending positions with 154479948 voting rights (3.110000%), and CFDs with 2194243 voting rights (0.040000%). Previously, BlackRock’s total position was 7.990000%, made up of 7.070000% via shares and 0.920000% via financial instruments.
National Grid plc reported stronger half-year performance driven by regulated investment on both sides of the Atlantic. Underlying operating profit was £2,292 million, up 12% at actual currency (13% at constant currency), and statutory operating profit rose 17% to £1,526 million. Underlying EPS increased 6% to 29.8p. The Board declared an interim dividend of 16.35p per share. Capital investment reached a record £5,052 million in the half, supporting UK transmission projects and US grid upgrades; net debt stood at £41.8 billion as of 30 September 2025.
Management reiterated its five‑year plan to invest around £60 billion, targeting Group asset growth of about 10% CAGR and underlying EPS CAGR of 6–8% from a 73.3p 2024/25 baseline. During the period, regulators approved NIMO’s three‑year rate case in New York and about $600 million under Massachusetts’ ESMP, with approximately 75% of the US five‑year investment already approved. The company expects to invest over £11 billion in 2025/26 and modestly raised FY2026 guidance. CEO succession is set for November 2025, with Zoë Yujnovich succeeding John Pettigrew.
National Grid plc furnished a Form 6-K announcing that its accompanying Exhibit 99.1—an announcement sent to the London Stock Exchange titled “National Grid 2025/26 Half Year Results Statement”—has been provided.
The report and Exhibit 99.1 are incorporated by reference into the company’s registration statements on Form F-3 and Form S-8, becoming part of those filings from the date of submission, to the extent not superseded by later filings. The company notes the filing date as 6 November 2025.
National Grid plc furnished a Form 6-K updating its share capital and voting rights and disclosing routine PDMR share purchases. As of 30 September 2025, registered capital was 5,191,884,002 ordinary shares, including 230,434,106 held in treasury, leaving 4,961,449,896 shares with voting rights for disclosure calculations.
PDMR transactions on the London Stock Exchange on 7 October 2025 under the Share Incentive Plan: CFO Andy Agg bought 14 shares at GBP 10.835; CEO John Pettigrew bought 13 shares at GBP 10.835; and Chief People Officer Will Serle bought 14 shares at GBP 10.835.
National Grid plc filed a 6-K attaching three London Stock Exchange announcements: a Voting Rights update, a Notification of PDMR transactions and publication of a Prospectus. The Voting Rights notice states the company had 5,191,884,002 ordinary shares as of 31 July 2025, of which 230,653,898 were treasury shares, leaving 4,961,230,104 shares with voting rights to be used as the denominator for FCA disclosure calculations. The Prospectus relates to a €20,000,000,000 Euro Medium Term Note Programme and has been submitted to the National Storage Mechanism; a link to the published PDF is provided.
National Grid plc has submitted its response to Ofgem's RIIO-ET3 Draft Determination, welcoming the regulator's commitment to an £80 billion electricity transmission investment plan and changes to the financial package since the Sector Specific Methodology Decision. The company says the Draft Determination does not fully recognise the practical challenges of delivering a two-and-a-half-fold increase in transmission investment and has proposed changes to ensure the final framework is investable—by improving baseline returns and incentives—and workable—by simplifying funding mechanisms and reopener decision-making. National Grid will continue engagement with Ofgem ahead of the Final Determination in December and points to an executive summary of detailed responses on its RIIO-T3 homepage. The announcement includes a standard cautionary statement about forward-looking statements and risks.
National Grid has agreed to sell its Grain LNG business to a consortium including Centrica plc and Energy Capital Partners (part of Bridgepoint). The terms comprise total proceeds of approximately £1.66 billion, including a pre-completion dividend, with the final consideration subject to customary completion adjustments.
The company says the sale advances its previously communicated strategy to streamline the business and focus on networks. Grain LNG, held through two wholly owned subsidiaries, owns and operates the UK’s largest LNG importation terminal under long-term take-or-pay contracts and is described as playing an important role in securing UK gas supply. Completion is subject to customary government and regulatory approvals and, subject to clearances, is expected to occur later this year.