20th Jul 2005 17:13
National Grid Transco PLC20 July 2005 20 July 2005 National Grid Transco plc Commencement of conditional dealings in B Shares on the London Stock Exchange Following the announcement of details of the Return of Cash on 6 June 2005,National Grid Transco plc notes that conditional dealings in B Shares willcommence tomorrow on the London Stock Exchange. It is expected that admission to the Official List and to trading on the LondonStock Exchange's market for listed securities ("Admission") will becomeeffective and that unconditional dealings in the B Shares will commence on 1August 2005. Dealings on the London Stock Exchange before Admission will only besettled if Admission takes place. All dealings before the commencement ofunconditional dealings will be of no effect if Admission does not take place andsuch dealings will be at the sole risk of the parties concerned. Enquiries:National Grid Transco plcInvestors Alexandra Lewis +44 (0)20 7004 3170David Campbell +44 (0)20 7004 3171Richard Smith +44 (0)20 7004 3172 MediaClive Hawkins +44 (0)20 7004 3147 JPMorgan Cazenove, Broker to National Grid TranscoJonathan Wilcox +44 (0)20 7588 2828Matthew Lawrence +44 (0)20 7588 2828 Citigate Dewe Rogerson, PR Advisers to National Grid TranscoAnthony Carlisle +44 (0)7973 611888 Additional Information: In the United States, National Grid Transco plc has filed a Tender OfferStatement on Schedule TO (the "Schedule TO") containing the Circular toShareholders, a US Supplemental Memorandum, an Election Form and a Letter ofElection and Transmittal for shareholders and holders of American DepositaryReceipts, respectively, and other related documentation with the SEC. Freecopies of the Schedule TO and the other related documents filed by National GridTransco plc in connection with the B Share Alternatives are available on theSEC's website at http://www.sec.gov. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
National Grid