BlackRock, Inc. has notified National Grid PLC of its total interest in National Grid voting ordinary shares. The notification, submitted on Form TR-1, indicates that BlackRock, Inc.'s total voting rights attached to shares and through financial instruments amount to 7.23% of the total number of voting rights held in the issuer. This represents a decrease from their previous position, where they held 6.88% of the voting rights.
The notification details the breakdown of BlackRock, Inc.'s voting rights and financial instruments. It shows that they hold 4.53% of direct voting rights and 2.7% of voting rights through financial instruments, with a total of 269,567,774 voting rights held in the issuer. The financial instruments include American Depository Receipts, Securities Lending, and Contracts for Difference.
The notification also provides information about the person subject to the notification obligation, BlackRock, Inc., and its controlled undertakings. It outlines the full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities.
This notification of BlackRock, Inc.'s interest in National Grid PLC's ordinary shares provides transparency regarding the significant holdings in the company and is in compliance with regulatory requirements.