UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 3.01. Notice of Delisting or Failure to Satisfy a Continuing Listing Rule or Standard; Transfer of Listing.
Delisting and Deregistration of Preferred Stock
Niagara Mohawk Power Company (“NMPC”), an indirect wholly-owned subsidiary of National Grid plc (“NG”), together with NG publicly announced on December 11, 2023 its intention to voluntarily delist its 3.60% Preferred Stock and 3.90% Preferred Stock, which are both guaranteed fully and unconditionally by NG (together with the applicable guarantees by NG, the “Preferred Stock”) from the New York Stock Exchange (the “NYSE”) by filing Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) on or about December 21, 2023. NMPC has provided written notice to the NYSE of such intent to voluntarily delist the Preferred Stock. Approximately ten days after the filing of the Form 25, NMPC and NG also expect to be able to deregister the Preferred Stock from registration with the SEC by filing Form 15 with the SEC.
A copy of the press release announcing the NMPC and NG’s intention to delist and deregister the Preferred Stock is furnished as Exhibit 99.1 hereto. This exhibit shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act and shall not be incorporated by reference in any filing by the Registrant under the U.S. Securities Act of 1933, as amended.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press Release, dated December 11, 2023, issued by National Grid plc. | |
| 104. | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Niagara Mohawk Power Corporation | ||||||
| Dated: December 11, 2023 | ||||||
| By: | /s/ Christina Bostic | |||||
| Name: | Christina Bostic | |||||
| Title: | Treasurer | |||||