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National Grid Announces Capital Raise Of About £7 Bln



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May 23 (Reuters) -National Grid PLC NG.L:

  • NATIONAL GRID PLC - 7 FOR 24 FULLY UNDERWRITTEN £7BN RIGHTS ISSUE

  • NATIONAL GRID PLC: NEW 5-YEAR INVESTMENT FRAMEWORK FOR FY25-29

  • NATIONAL GRID: CAPITAL RAISE OF ABOUT £7.0 BILLION BY WAY OF A FULLY UNDERWRITTEN RIGHTS ISSUE OF 1,085,448,980 NEW SHARES AT 645 PENCE PER NEW SHARE

  • NATIONAL GRID PLC: CAPITAL INVESTMENT OF AROUND £60 BILLION OVER NEXT 5 YEARS (FY25 TO FY29)

  • NATIONAL GRID PLC: EXPECT OUR COMBINED US RATE BASE TO GROW FROM APPROXIMATELY £25 BILLION TODAY, TO NEARLY £45 BILLION IN 2029

  • NATIONAL GRID PLC - 7 FOR 24 FULLY UNDERWRITTEN £7BN RIGHTS ISSUE

Source text for Eikon: ID:nRSW5574Pa

Further company coverage: NG.L


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