Business Context and Reporting Period
Company: National Grid plc
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: January 23, 2026
Context: This filing announces the publication of a Supplementary Prospectus approved by the Financial Conduct Authority (FCA). The document supplements a prospectus dated August 19, 2025, regarding the National Grid plc and National Grid Electricity Transmission plc Euro 20,000,000,000 Euro Medium Term Note Programme.
Key Financial Metrics
The filing text does not provide specific financial performance data such as revenue, profit, cash flow, margins, debt levels, or liquidity ratios. The document is a regulatory notice regarding a debt issuance programme rather than a financial results report.
Material Changes
No material changes to financial performance or operational status are reported in this filing. The primary update is the regulatory approval and availability of a Supplementary Prospectus for the existing Euro Medium Term Note Programme.
Guidance, Outlook, and Risks
Outlook: The company is proceeding with its Euro Medium Term Note Programme, indicating ongoing capital market activity.
Risks and Contingencies: The filing includes a disclaimer stating that the information in the Prospectus is targeted at residents of specific countries only. It warns that the information should not be relied upon by persons outside these jurisdictions or to whom the offer is not addressed.
Investor Verification Checklist
- Verify the full text of the Supplementary Prospectus dated January 23, 2026, via the provided London Stock Exchange URL or the FCA National Storage Mechanism.
- Confirm eligibility to access the offer based on the geographic restrictions outlined in the Prospectus.
- Review the original Prospectus dated August 19, 2025, as the Supplementary Prospectus must be read in conjunction with it.
- Check for subsequent filings regarding the actual issuance of notes under the Euro 20 billion programme.