National Grid plc has announced the scrip dividend reference price for the 2023/24 interim dividend. For ordinary shareholders, the reference price is 1,015.60 pence, calculated as the average closing mid-market price of an ordinary share for the five dealing days including the ex-dividend date. For American Depositary Receipt (ADR) holders, the scrip ADR reference price is US$64.1402, calculated by multiplying the ordinary share reference price by five and the average US$ rate for the equivalent dates. The scrip dividend scheme's terms and conditions are available on the company's website and from Equiniti. The interim dividend will be paid on January 11, 2024, to qualifying shareholders.