6-K 1 a4839k.htm HOLDING(S) IN COMPANY a4839k
 
 
 
UNITED STATES
 
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
 
 
FORM 6-K
 
 
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
Date: 28 May 2025
 
Commission File Number: 001-14958
 
 
 
NATIONAL GRID plc
 
(Translation of registrant’s name into English)
 
England and Wales
 
(Jurisdiction of Incorporation) 
 
 
 
1-3 Strand, London, WC2N 5EH, United Kingdom
(Address of principal executive office)
 
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
☒  Form 20-F      ☐  Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3- 2(b) under the Securities Exchange Act of 1934.  ☐  Yes    ☒  No
 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a
 
 
 
 
 
 
 
 
 
 
 
EXHIBIT INDEX
 
Exhibit No.
 
Description
 
99.1
 
Exhibit 99.1 Announcement sent to the London Stock Exchange on 28 May 2025 — Holding(s) in Company
 
 
Exhibit 99.1
 
28 May 2025
 
National Grid plc ('National Grid' or 'Company')
 
Notification of Major Interest in National Grid Ordinary Shares
 
National Grid has received a notification on Form TR-1 from Bank of America Corporation that its total interest in National Grid voting ordinary shares is as shown below.
 
TR-1: Standard form for notification of major holdings
 
1. Issuer Details
 
ISIN
GB00BDR05C01
 
 
Issuer Name
NATIONAL GRID PLC
 
 
UK or Non-UK Issuer
UK
 
 
2. Reason for Notification
 
Other
 
 
Comments
Legal Entity level crossing - See Section 9
 
 
3. Details of person subject to the notification obligation
 
Name
Bank of America Corporation
 
 
City of registered office (if applicable)
 
 
 
Country of registered office (if applicable)
US
 
 
4. Details of the shareholder
 
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 
 
City of registered office (if applicable)

 
 
Country of registered office (if applicable)

 
 
 
5. Date on which the threshold was crossed or reached
 
23-May-2025
 
 
6. Date on which Issuer notified
 
27-May-2025
 
 
7. Total positions of person(s) subject to the notification obligation
 
 
% of voting rights attached to shares (total of 8.A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
 
2.941402
 
2.657883
 
5.599285
 
274435597
 
Position of previous notification (if applicable)
 
2.922734
 
2.682948
 
5.605682
 
 
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
 
8A. Voting rights attached to shares
 
Class/Type of shares ISIN code(if possible)
Number of direct voting rights (DTR5.1)
Number of indirect voting rights (DTR5.2.1)
% of direct voting rights (DTR5.1)
% of indirect voting rights (DTR5.2.1)
GB00BDR05C01
 
 
122593991
 
 
2.501274
 
US6362744095
 
 
21571817
 
 
0.440128
 
   Sub Total 8.A
144165808
 
2.941402%
 
 
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
 
Type of financial instrument
Expiration date
Exercise/conversion period
Number of voting rights that may be acquired if the instrument is exercised/converted
% of voting rights
Right to Recall
 
N/A
 
N/A
 
867100
 
0.017691
 
Physical Option
 
16/01/2026
 
N/A
 
10425
 
0.000213
 
   Sub Total 8.B1
 
877525
 
0.017904%
 
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
 
Type of financial instrument
Expiration date
Exercise/conversion period
Physical or cash settlement
Number of voting rights
% of voting rights
Swaps
 
29/08/2025
 
n/a
 
Cash
 
109466
 
0.002233
 
Swaps
 
08/09/2025
 
n/a
 
Cash
 
16481
 
0.000336
 
Swaps
 
28/11/2025
 
n/a
 
Cash
 
81316
 
0.001659
 
Swaps
 
22/12/2025
 
n/a
 
Cash
 
933465
 
0.019045
 
Swaps
 
31/12/2025
 
n/a
 
Cash
 
77293
 
0.001577
 
Swaps
 
30/01/2026
 
n/a
 
Cash
 
1511
 
0.000031
 
Swaps
 
03/03/2026
 
n/a
 
Cash
 
4018886
 
0.081997
 
Swaps
 
06/03/2026
 
n/a
 
Cash
 
77578
 
0.001583
 
Swaps
 
31/03/2026
 
n/a
 
Cash
 
108801829
 
2.219874
 
Swaps
 
07/04/2026
 
n/a
 
Cash
 
109843
 
0.002241
 
Swaps
 
28/04/2026
 
n/a
 
Cash
 
77646
 
0.001584
 
Swaps
 
30/04/2026
 
n/a
 
Cash
 
2269972
 
0.046314
 
Swaps
 
15/06/2026
 
n/a
 
Cash
 
334262
 
0.006820
 
Swaps
 
19/06/2026
 
n/a
 
Cash
 
10193437
 
0.207976
 
Swaps
 
25/06/2026
 
n/a
 
Cash
 
74722
 
0.001525
 
Swaps
 
26/06/2026
 
n/a
 
Cash
 
14368
 
0.000293
 
Swaps
 
30/06/2026
 
n/a
 
Cash
 
108
 
0.000002
 
Swaps
 
18/11/2026
 
n/a
 
Cash
 
25441
 
0.000519
 
Swaps
 
25/02/2027
 
n/a
 
Cash
 
275
 
0.000006
 
Swaps
 
15/04/2027
 
n/a
 
Cash
 
413410
 
0.008435
 
Swaps
 
19/04/2027
 
n/a
 
Cash
 
12081
 
0.000246
 
Swaps
 
26/04/2027
 
n/a
 
Cash
 
113584
 
0.002317
 
Swaps
 
04/06/2027
 
n/a
 
Cash
 
47331
 
0.000966
 
Swaps
 
15/02/2028
 
n/a
 
Cash
 
300182
 
0.006125
 
Swaps
 
07/05/2030
 
n/a
 
Cash
 
244557
 
0.004990
 
Call Option
 
12/06/2025
 
N/A
 
Cash
 
312220
 
0.006370
 
Physical Put Option
 
20/06/2025
 
N/A
 
Physical
 
731000
 
0.014915
 
Sub Total 8.B2
 
129392264
 
2.639979%
 
 
9. Information in relation to the person subject to the notification obligation
 
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
 
 
 Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
Bank of America Corporation
 
Bank of America, National Association
 
 
 
 
Bank of America Corporation
 
BofA Securities, Inc.
 
 
 
 
Bank of America Corporation
 
Managed Account Advisors, LLC
 
 
 
 
Bank of America Corporation
 
Merrill Lynch, Pierce, Fenner & Smith Inc.
 
 
 
 
Bank of America Corporation
 
U.S. Trust Co of Delaware
 
 
 
 
Bank of America Corporation
 
Merrill Lynch International
 
 
 
5.027410%
 
Bank of America Corporation
 
BofA Securities Europe SA
 
 
 
 
 
10. In case of proxy voting
 
Name of the proxy holder
 
 
 
The number and % of voting rights held
 
 
 
The date until which the voting rights will be held
 
 
 
11. Additional Information
 
 
 
 
12. Date of Completion
 
27-May-2025
 
 
13. Place Of Completion
 
United Kingdom
 
 
This notice is in compliance with National Grid's obligations under the Disclosure and Transparency Rules. 
 
Julian Baddeley  
Group Company Secretary
 
 
 
 
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
 
NATIONAL GRID plc
 
 
 
 
 
By:
 
Beth Melges
 
 
 
Beth Melges
Head of Plc Governance
 
 
 
 
Date: 28 May 2025