Business Context and Reporting Period
This Form 6-K filing by National Grid plc is dated June 2, 2016. The report serves as a notification to the U.S. Securities and Exchange Commission regarding an announcement sent to the London Stock Exchange on the same date.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural filing regarding a specific corporate action rather than a financial results report.
Material Changes
The material change disclosed in this filing is the adjustment of the conversion price for the company's convertible securities, as detailed in the referenced announcement.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The sole purpose is to disclose the "Notice of Adjustment of the Conversion Price."
Investor Verification Checklist
- Verify the specific terms of the conversion price adjustment referenced in Exhibit 99.1.
- Confirm the impact of this adjustment on existing convertible security holders.
- Review the full text of the London Stock Exchange announcement for details not included in this summary.