Business
Scrip Dividend for 2021/22 Final Dividend
Scrip Dividend for 2021/22 Final Dividend.
About this update from National Grid Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n 10 June 2022\n \n \n \n \n \n \n \n \n \n National Grid plc (\n \n \n '\n \n \n National Grid\n \n \n '\n \n \n or \n \n \n '\n \n \n Company\n \n \n '\n \n \n )\n \n \n \n \n \n \n \n \n \n Scrip Dividend for 2021/22 Final Dividend\n \n \n \n \n \n \n The optional scrip dividend, allowing shareholders to receive new fully paid ordinary shares in the Company, instead of a cash dividend, is available to ordinary shareholders on the register on 6 June 2022, the 2021/22 final dividend record date. A timetable is provided below.\n \n \n \n \n \n For ordinary shareholders, the scrip dividend reference price for the 2021/22 final dividend is 1,106.80 pence. This is calculated as the average closing mid-market price of an ordinary share for the five dealing days commencing with, and including, the ordinary share ex-dividend date.\n \n \n \n \n \n For American Depositary Share (ADS) holders, the scrip ADS reference price for the 2021/22 final dividend is US$69.3576. This is calculated by multiplying the scrip dividend reference price above by five (as there are five ordinary shares underlying each ADS) and by the average US$ rate for the equivalent dates. \n \n \n \n \n \n The current terms and conditions of the scrip dividend scheme are available on the Company's website at\n \n www.nationalgrid.com\n \n in the Investors section or from Equiniti (0800 169 7775).\n \n \n \n \n \n \n \n \n 20\n \n \n 21\n \n \n /\n \n \n 22\n \n \n final\n \n \n dividend timetable:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 19 May 2022\n \n \n \n \n \n \n \n \n \n \n 2021/22 full year results and final dividend amount declared - 33.76 pence per ordinary share; $2.0929 per ADS*\n \n \n \n \n \n \n 1 June 2022\n \n \n \n \n Ordinary shares go ex-dividend for 2021/22 final dividend\n \n \n \n \n \n \n 3 June 2022\n \n \n \n \n ADSs go ex-dividend for 2021/22 final dividend\n \n \n \n \n \n \n 6 June 2022\n \n \n \n \n Record date for 2021/22 final dividend\n \n \n \n \n \n \n 10 June 2022\n \n \n \n \n Scrip reference price announced\n \n \n \n \n \n \n 11 July 2022\n \n \n \n \n 2022 AGM\n \n \n \n \n \n \n 20 July 2022\n \n \n \n \n Scrip election date for 2021/22 final dividend (5.00pm Lond...