Today, 19 May 2017, the Company held a General Meeting ('GM').
The results of the GM resolutions, all decided by way of poll, are set out below:
Resolution
Votes For
For (% of shares voted)
Votes Against
Against (% of shares voted)
Votes Withheld**
1
To approve the Share Consolidation
2,419,152,878
99.48
12,636,579
0.52
18,998,248
2
To authorise the Directors to allot New Ordinary Shares
2,358,335,753
96.39
88,428,897
3.61
4,022,972
3*
To disapply pre-emption rights
2,427,603,376
99.31
16,766,228
0.69
6,416,589
4*
To disapply pre-emption rights for acquisitions
2,206,760,232
90.35
235,806,510
9.65
8,218,255
5*
To authorise the Company to purchase its own New Ordinary Shares
2,408,030,551
98.45
37,966,113
1.55
4,757,172
* Special resolution
** A 'Vote withheld' is not a vote in law and is not counted in the calculation of the votes 'For' or 'Against'a resolution.
As required by the Listing Rules of the Financial Conduct Authority, copies of all the GM resolutions will be made available for inspection from the National Storage Mechanism, situated at:www.morningstar.co.uk/uk/NSM
The complete poll results and details of proxy votes lodged before the meeting will be available shortly on the Company's website
National Grid plc published this content on 19 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 May 2017 11:44:17 UTC.
Original documenthttp://otp.investis.com/clients/uk/national_grid/rns/regulatory-story.aspx?cid=374&newsid=873857
Public permalinkhttp://www.publicnow.com/view/5E018A07F03FD5C47B20D30EDCC43DD07092FE03
National Grid plc specializes in owning and operating electricity and gas networks. Net sales break down by activity as follows:
- transmission and distribution in the United States (54.8%): electricity transmission (owned, at the end of March 2022, of 14,212 km of overhead lines, 175 km of underground cables and 399 substations), electricity distribution (111,513 km of distribution lines and 718 substations) and gas distribution (59,153 km of gas pipelines);
- operation of electricity networks for transmission operators in the United Kingdom (18.6%);
- electricity transmission in the United Kingdom (11%): owned 7,216 km of high-voltage network, 2,551 km of underground cables and 347 substations;
- electricity and gas distribution in the United Kingdom (7.9%): electricity distribution (89,372 km of overhead lines, 137,966 km of underground cables and 189,644 transformers) and gas distribution (7,628 km of gas pipelines);
- other (7.7%): telecom and interconnection activities among the various domestic electrical networks, liquefied natural gas storage activities, etc.
Net sales are distributed geographically as follows: the United Kingdom (36.3%) and the United States (63.7%).
As at 31 March 2022, the UK Gas Transmission business was classified as held for sale.
NATIONAL GRID PLC 
