National Grid 2008 Annual Report Download - page 15

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 2342
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: 20-F, Doc: 1, Page: 9
10/5009.00.00.00Y59930BNY
[A/E] EDGAR 2 *Y59930/009/5*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 2342
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: 20-F, Doc: 1, Page: 9
10/5009.00.00.00Y59930BNY
[A/E] EDGAR 2 *Y59930/009/5*
Table of Contents
issued ordinary shares of 10 pence each being replaced by a total of 2,712,727,627 new ordinary shares of 11
17
/ 43
pence each.
Markets
Our equity securities are listed on the Official List of the London Stock Exchange (ordinary shares) and on the
New York Stock Exchange (ADSs).
Item 10. Additional Information
Memorandum and Articles of Association
The following description is a summary of the material terms of our Memorandum and Articles of Association
(the ‘Articles’). The following description is a summary only and is qualified in its entirety by reference to the
Articles, which are provided as an exhibit to this report.
We adopted new “Plain English” articles at our Annual General Meeting on 25 July 2005.
General
National Grid is incorporated under the name National Grid plc and is registered in England and Wales with
registered number 4031152. The Company’s objects are set forth in the fourth clause of its Articles and cover a wide
range of activities, including the following:
6
Ordinar
y
Shar
e
(Pence) ADS ($)
Hi
g
h Low Hi
g
h Low
2007/08 863.00 686.00 86.58 69.22
2006/07 797.50 552.00 78.81 48.83
2005/06 613.50 489.25 53.45 44.48
2004/05 549.50 421.25 52.06 37.59
2003/04 438.00 374.75 41.45 30.19
2007/08 Q4 863.00 691.50 85.48 69.22
Q3 790.50 686.00 80.23 69.85
Q2 845.50 761.50 86.58 78.40
Q1 816.50 719.50 80.75 71.46
2006/07 Q4 797.50 717.00 78.81 69.55
Q3 749.50 664.50 74.00 63.10
Q2 672.00 587.00 63.24 53.32
Q1 615.00 552.00 57.34 48.83
June 2008* 748.50 696.00 73.27 67.91
May 2008 749.50 704.00 74.89 68.77
April 2008 730.00 695.50 73.46 68.95
March 2008 734.50 691.50 74.61 69.22
February 2008 790.50 733.50 77.89 72.60
January 2008 863.00 748.00 85.48 74.95
December 2007 845.50 811.00 86.58 82.65
* For the period to 13 June 2008.
• carrying on the business of a holding company;
• employing the funds of the Company to develop and expand its business; and