Business Context and Reporting Period
This Form 6-K filing by National Grid plc, dated January 11, 2023, serves as a "Voting Rights and Capital Update." The report details the issuance of new ordinary shares resulting from the operation of the Scrip Dividend Scheme for the 2022/23 interim dividend.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. It focuses exclusively on capital structure and share counts.
- Shares Issued: 16,012,646 ordinary shares issued on January 11, 2023.
- Total Registered Capital: 3,930,371,661 ordinary shares.
- Treasury Shares: 254,022,982 shares held as treasury shares.
- Voting Shares: 3,676,348,679 shares with voting rights.
Material Changes
The primary material change is the increase in the total number of registered ordinary shares due to the scrip dividend issuance. Consequently, the number of shares with voting rights has been updated to 3,676,348,679. This figure is designated as the denominator for shareholders calculating notification requirements under the Financial Conduct Authority's Disclosure and Transparency Rules.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is a procedural update regarding share capital.
Investor Verification Checklist
- Verify the updated denominator of 3,676,348,679 voting shares for regulatory disclosure calculations.
- Confirm the current terms and conditions of the Scrip Dividend Scheme via the company website or Equiniti.
- Note that this filing does not contain financial performance data for the period.