Sterling-denominated RPI-linked Bonds-Final Terms

RNS Number : 2516P

National Grid PLC

30 September 2011

 



30 September 2011

NATIONAL GRID PLC
Issue of Sterling-denominated RPI-linked Bonds due 2021 (the "Instruments")
under the Euro 15,000,000,000 Euro Medium Term Note Programme

Final Terms Confirmation Announcement relating to the Final Terms dated 13 September 2011

Terms used herein shall be deemed to be defined as such for the purposes of the Final Terms of National Grid plc dated 13 September 2011 (the "Final Terms" (which, for the avoidance of doubt, shall constitute final terms for the purposes of the Prospectus Directive (Directive 2003/71/EC) (the "Prospectus Directive") and the UK Financial Services Authority's Prospectus Rules)) relating to the Instruments and the Prospectus dated 2 August 2011 (the "Prospectus"), which comprises a base prospectus for the purposes of Article 5.4 of the Prospectus Directive.

This announcement constitutes the Final Terms Confirmation Announcement referred to in the Final Terms and must be read in conjunction with the Prospectus and the Final Terms.

This announcement is an advertisement and is not a prospectus for the purposes of the Prospectus Directive and/or Part VI of the Financial Services and Markets Act 2000. The Final Terms and the Prospectus have been prepared and made available to the public in accordance with the Prospectus Directive. The Prospectus and the Final Terms are available for viewing at the registered address of the Issuer at 1-3 Strand, London WC2N 5EH and the office of the Issuing and Paying Agent at One Canada Square, London E14 5AL and a copy may be obtained from the website of Regulatory News Services operated by the London Stock Exchange at http://www.londonstockexchange.com/rns.

Investors should not subscribe for any Instruments referred to in this Final Terms Confirmation Announcement except on the basis of full information on the Issuer and the offer of the Instruments which is only available on the basis of the combination of the Final Terms and the Prospectus.

Potential investors should be aware that the Offer Period stated in the Final Terms ended on 29 September 2011.

Aggregate Nominal Amount:
(i)       Series:		£260,000,000
(ii)      Tranche:		£260,000,000
The aggregate principal amount of the Instruments issued has been translated into Euro at the rate of £0.8622218 = Euro 1.00, producing a sum of (for Instruments not denominated in Euro):		Euro 301,546,539.42
Estimated net proceeds:		£258,310,000 (being the Aggregate Nominal Amount of the Instruments at the Issue Price of 100 per cent. less fees and commissions totalling £1,690,000)
Estimated total expenses:		£300,000
Further Authorised Distributors:		Brewin Dolphin Limited (trading as Stocktrade) 12 Smithfield Street London EC1A 9BD

Neither this announcement nor any copy of it may be taken or transmitted into the United States, Australia, Canada, Japan, South Africa or the Republic of Ireland or to a resident, national or citizen of the United States, Australia, Canada, Japan, South Africa or the Republic of Ireland. The offering and the distribution of this announcement and other information in connection with the offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase, any Instruments. Any purchase of Instruments pursuant to the offer should only be made on the basis of the information contained in the Prospectus and the Final Terms, which are available as described above.

The Instruments have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and the Instruments, which are in bearer form, are subject to certain U.S. tax law requirements. The Instruments may not be offered, sold or delivered within the United States of America or to U.S. persons. For additional information on the selling restrictions, see the "Plan of Distribution" section in the Prospectus.

 

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