Transaction in Own Shares

RNS Number : 0171R

National Grid PLC

05 December 2016

 

5 December 2016

National Grid plc ("National Grid")

Transaction in Own Shares

National Grid announces that at 16:51:00 on 5 December 2016 it has purchased 1,000,000  of its Ordinary shares of 11^17/43p each on the London Stock Exchange from Barclays Capital Securities Limited ("Barclays") at a price of 891.5000p per share as part of its buy-back programme announced on 24 November 2016. National Grid intends to hold the purchased shares in treasury.

Following the purchase of these shares, National Grid holds 176,850,112 of its Ordinary shares in treasury and has 3,762,635,018 Ordinary shares in issue (excluding treasury shares).

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own Ordinary shares by National Grid from Barclays are set out below:

Time of transaction	Price per share (p)	Quantity of shares purchased
16:51:00	891.5000	1,000,000

This announcement will also be available on National Grid's website http://investors.nationalgrid.com/rns.aspx.  

Enquiries to:

D Whincup, Assistant Company Secretary, (0207 004 3209).

 

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