National Grid PLC — Major Shareholding Notification 2014

Jul 21, 2014

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RNS Number : 8882M

National Grid PLC

21 July 2014

21 July 2014

National Grid plc ("National Grid")

Notification of Major Interest in National Grid Ordinary Shares

National Grid received on 18 July 2014 a notification by way of Form TR-1 from Competrol International Investments Limited ("Competrol"), regarding total return equity swaps.

The previously disclosed position of Crescent Holdings GmbH of 149,414,285 shares, 4.07% of the total issued share capital of National Grid, at 18 July 2013, was extended on 17 July 2014 to 22 July 2015. 

The position has also been transferred intra-group from Crescent Holdings GmbH to Competrol. 

Following the announcement of National Grid's total voting rights on 1 July, Competrol's interest in 149,414,285 ordinary shares represented 3.99% of the total issued share capital of National Grid, falling below the 4% threshold.

This notice is in compliance with National Grid's obligations under the Disclosure and Transparency Rules.

Alice Morgan

Assistant Company Secretary

0207 004 3228

This information is provided by RNS

The company news service from the London Stock Exchange

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