![]() You should remember that the value of shares can go down as well as up and past performance of National Grid plc shares is not an indication of actual future performance. Specific provisions are included in the Plan rules under which you waive any claims to any compensation or other benefit in respect of the Plan when you leave employment. Participation in, and the operation of, the Plan will not form part of, or affect, your contract of employment or your employment relationship nor will they give you the right to continued employment. National Grid may amend the Plan at any time in accordance with the rules. Participation in the 2021/22 invitation under the Plan is subject to the detailed Plan rules which are available on the EQ portal. Any other restrictions on the transfer of shares are contained in the Company’s Articles of Association (available from the Company Secretariat). Shares acquired under the Plan may be freely traded on the London Stock Exchange, subject to the National Grid plc’s share dealing rules (available from the Company Secretariat) and relevant legislation. Any reference to taxation consequences are for guidance only. This document is an explanatory guide only and in the event of any conflict, the rules of the National Grid Sharesave Plan (the “Plan”) and any relevant legislation in force at that time will apply. you cannot set a share price at which you sell your shares if electing choice two however your shares will only be sold if a sale price of more than the Option Price of 737p can be achieved.if the National Grid share price falls below 737p, your request to buy shares at the Option Price of 737p will not be actioned.If you decide to take a repayment of your savings, and want your savings repaid on 1 April 2022, please make sure you have made your instruction by 18 March 2021. Any instruction after 30 September 2022 will be to keep shares in the Corporate Sponsored Nominee Service. If your Maturity Date is deferred because you’ve missed one or more payments, then the last opportunity to sell your shares or transfer them directly into an ISA is 13 October 2021 and you will need to submit your instruction by 30 September 2022. ![]() *Any requests to transfer shares into an ISA received by 22 March 2022 will be processed in the tax year 2021/22.Īll subsequent dates follow a weekly pattern to buy shares at the Option Price.
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