Holding(s) in Company

RNS Number : 5039P

National Grid PLC

16 July 2010

 



National Grid plc (NG.)

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16^th July 2010

Notification of Major Interest in NG. Ordinary Shares

NG late yesterday received a further notification from Crescent Holding GmbH, over total return equity swaps.

The relevant transactions have been in place for a number of years and (as required by changes made to DTR5) were initially notified in June 2009.

This notification is merely as a result of the extension, on 15 July 2010, of the existing position to 20 July 2011 over 149,414,285 NG ordinary shares (4.31% of the voting share capital). The number of voting rights covered by the position (last notified as 106,724,490 shares, representing 4.34%, in January 2010) has increased as a result of the recent rights issue. No threshold was crossed.

This notice is given in fulfillment of National Grid plc's obligation under the DTR requirements.

 

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