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Set out below are some frequently asked questions (FAQs), shareholder forms and leaflets and other useful information. Please click on the links to download the documents. If you can’t find the answer to your query and you are an ordinary shareholder, please contact Equiniti.
If you are an American Depositary Receipt (ADR) holder, please contact Bank of New York Mellon.
Our Registrar is Equiniti who can be contacted on the contact details available on the Shareholder contacts page.
As our Registrar, Equiniti are there to answer any queries about your shareholding and to help with the following matters:
You can manage your shareholding online via Equiniti’s Shareview Portfolio. It is free to use, secure, easy to administer, and allows you to:
It only takes a few minutes to register, just have your 11 digit Shareholder Reference Number to hand.
You will be sent a PIN number to complete registration. Please register at www.shareview.co.uk.
Please contact our Registrar, Equiniti, on the contact details available on the Shareholder contacts page.
If you are unable to find your share certificate and need a replacement please contact Equiniti on the contact details available on the Shareholder contacts page.
Please note that an administration fee and, depending on the value of the shares, a letter of indemnity and accompanying cover fee may be required.
For more information please visit the Equiniti website.
Please contact our Registrar, Equiniti, on the contact details available on the Shareholder contacts page.
Please contact our Registrar, Equiniti, on the contact details available on the Shareholder contacts page.
For more information please visit the Equiniti website.
Please see our Ordinary Shares and ADRs Dividends pages for dividend information. For details of dividend history please see the dividend calculator page.
Dividends paid on or after 6 April 2016 will no longer be accompanied by a 10% tax credit. Instead this will be replaced by a tax free dividend allowance which will apply to the first £5,000 (£2,000 from 2018/19 tax year) of a person's dividend income in the UK. If you have any doubts about how this change impacts your tax position, please refer to the government's guidance (www.gov.uk/tax-on-dividends) or speak to a professional tax advisor.
For dividends paid prior to the 5 April 2016 you will have received a dividend tax voucher that stated the amount of tax credit paid on each dividend. From 6 April 2016, your dividend tax voucher was replaced with a dividend confirmation. Please contact our Registrar, Equiniti, if you have any questions regarding your dividend confirmation.
Yes, you can.
The advantages of having your dividends paid directly into your bank or building society account are:
If you would like to take advantage of this secure and convenient way of receiving your dividends, please visit the Equiniti website, or contact Equiniti on the contact details available on the Shareholder contacts page.
Please contact our Registrar, Equiniti, on the contact details available on the Shareholder contacts page.
Please note that depending on the value of the missing cheque you may need to pay a fee.
Please contact our Registrar, Equiniti, on the contact details available on the Shareholder contacts page.
You can find the Company’s share price on our Share Price Calculator page.
Have you received unsolicited investment advice?
Shareholders are advised to be wary of any unsolicited advice or offers, whether over the telephone, through the post or by email. If you receive any such unsolicited communication please check the company or person contacting you is properly authorised by the Financial Conduct Authority (FCA) before getting involved.
You can report calls from unauthorised firms to the FCA by calling 0800 111 6768 or email [email protected].
For more information visit the FCA website www.fca.org.uk/consumers/scams or read the FCA Beware of share fraud leaflet.
Below are frequently asked questions about ADRs.
ADRs (American Depositary Receipts) are negotiable U.S securities, issued by a depositary bank, typically representing a non U.S company. ADRs trade freely in local markets, and can be listed in on local stock markets, such as NYSE or NASDAQ.
An American Depositary Share (ADS) is a share, evidenced by an ADR that represents a specified number of underlying shares held in custody in the issuer's home market. The terms ADR and ADS are often used interchangeably. National Grid ADSs, each representing 5 Ordinary Shares, are traded on the NYSE Stock Market under the “NGG” symbol.
Bank of New York Mellon (BNY Mellon) is the depositary for National Grid ADRs. For enquires about buying, selling or managing ADRs contact BNY Mellon on:
Tel: 1-800-466-7215 (from outside the US: 1-201-680-6825)
Online: www.adrbnymellon.com
Email: [email protected]
Mail: The Bank of New York Mellon Depositary Receipts, PO BOX 30170, College Station, Texas, 77842-3178
ADR holders are generally entitled to the same rights as the underlying shareholders, subject to the terms specified on the ADR certificate and in the Deposit Agreement on file with the SEC.
Holders of ADSs are entitled to vote by supplying their Voting Instructions to the Depositary or its Nominee, who will vote the Ordinary Shares underlying their ADSs in accordance with their instructions.
National Grid publishes its annual reports and results documents online. It will file its Annual Report on Form 20-F (which corresponds to the 10-K for a US Corporation) with the Securities and Exchange Commission in the US, and other material market sensitive information as required on Form 6-K. If a shareholder would like a hard copy annual report they can request one from BNY by:
Tel: 1-800-466-7215 (from outside the US: 1-201-680-6825)
Online: www.adrbnymellon.com
Email: [email protected]
Mail: The Bank of New York Mellon Depositary Reciepts, PO BOX 30170, College Station, Texas, 77842-3178
Dividends are paid at the same time as ordinary shares. The interim dividend is usually declared in November and paid in January, and the final dividend is usually declared in May and paid in August. Details can be found on the ADRs dividend page.
ADR holders are eligible for all dividends or other entitlements attaching to the underlying shares of National Grid Plc and receive all cash dividends in US dollars. A scrip option may be available, allowing shareholders to accumulate more ADRs.
National Grid can issue a fee of up to $0.05 per ADR to be charged for any cash distribution made to ADS holders, including cash dividends, in line with common market practice in order to cover costs associated with the management of the ADR programme.
ADS holders who receive a cash dividend will be charged a fee, which will be deducted by the Depositary from interim and final cash dividends prior to distribution.
ADRs are used by non-domestic holders to remove impediments relating to settlements, currency, tax conventions and differing market practices. They are quoted in US dollars and traded in the same way you would trade a US domestic stock, so can be a practical and convenient alternative to holding ordinary shares.
Visit help.shareview.co.uk for information regarding your shareholding, from here you will also be able to email a query securely and access a range of Shareholder forms.
Information showing our major shareholders (material interests in shares) and a table showing a brief analysis of shareholder numbers and shareholdings as at 31 March for each financial year can be found in the Company's Annual Report and Accounts.
Events that have affected National Grid shareholders since the privatisation of British Gas in 1986 and the distribution of National Grid Group shares in 1995/1996.