SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
_______________
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
Date: 1 November 2002
NATIONAL GRID TRANSCO plc
(formerly National Grid Group plc)
(Registrant’s Name)
| 1-3 Strand |
| London |
| WC2N 5EH |
| (Registrant’s Address) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3- 2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
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, thereunto duly authorised.
| NATIONAL GRID TRANSCO plc | |
| s/David C. Forward | |
| By:_________________________ | |
| Name: David C Forward | |
| Title: Assistant Secretary |
Date: November 1, 2002
ANNEX 1 - Copy Announcement as sent
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a – 16 or 15d – 16 of
The Securities Exchange Act of 1934
Announcement to the London Stock Exchange
for 21st October 2002
| National Grid Transco plc |
| 1-3 Strand |
| London |
| WC2N 5EH |
| United Kingdom |
Recent Announcements to The London Stock Exchange
DATE DETAILS
---------------------------------------------------------------------------------------------------------
28.10.02 Deutsche Bank notification: Interest reduced below 3.00% at 25.10.02.
28.10.02 Executive. Directors' share interests (ESOP operation)
28.10.02 Disclosure of Directors Details and Share Interests.
25.10.02 Executive. Directors' share interests (Quest operation).
24.10.02 Notification of Capital Group's interest (initial notification to NGT) at 5.74%.
22.10.02 Directors' Share Interests- Former Lattice Directors
Note: On 21 October 2002 the name of the Company changed from 'National Grid Group plc' (NGG) to
'National Grid Transco plc' (NGT) on completion of the merger with Lattice Group plc
18.10.02 NGG's Exec. Directors' share interests (Quest operation ).
18.10.02 Notification of Prudential plc no longer having notifiable interest.
14.10.02 NGG's Exec. Directors' share interests (Quest operation ).
10.10.02 Scheme of Arrangement in relation to the proposed merger of Lattice Group plc and
National Grid Group plc
8.10.02 Notification of Capital Group's interest increased to 10.00%.
7.10.02 NGG's Exec. Directors' share interests (Quest operation ).
1.10.02 National Grid Holds Seminar on US Operations
-------------------------------------------------------------------------------------------------
*NOTE: Two Separate SEC Filings were also made during the month, as follows:
17.10.02 1. National Grid Group plc And Lattice Group plc-
-SEC Authorisation Received.
2. Scheme of Arrangement in relation to the proposed merger of Lattice Group plc with
National Grid Group plc (High Court Sanction).
and
21.10.02 National Grid Transco plc- Completion of Merger and commencement of dealings in New
National Grid Transco Shares.
ANNEX 2 - Copy Announcements as sent
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
The Securities Exchange Act of 1934
Announcements to the London Stock Exchange
for October 2002
National Grid Transco plc
1-3 Strand
London
WC2N 5EH
United Kingdom
---------------------------------------------------------------------------------------------------------
1 October 2002
National Grid Holds Seminar on US Operations
US Integration Ahead of Schedule
Today and tomorrow, National Grid Group plc is holding a seminar for investors and analysts focusing on
its US operations. The seminar will provide an opportunity to meet the management team and to receive
an update on the US operations and integration process.
Rick Sergel, President and Chief Executive Officer, National Grid USA will be hosting the event.
Presentations from Rick Sergel and his management team will include strategy, regulatory framework,
integration progress, distribution and transmission opportunities and infrastructure services.
Web casts of the presentations will be made available on the National Grid investor relations web site
at www.nationalgrid.com later this week. Presentation slides will be available later today.
Contacts
Investors
Marcy Reed +44 (0)207 312 5779 +44 (0)7768 490807 (m)
Terry McCormick +44 (0)20 7312 5785 +44 (0)7768 045139 (m)
Louise Clamp +44 (0)20 7312 5783 +44 (0)7768 555641 (m)
Bob Seega 508-389-2598 (US)
Media
Clive Hawkins +44 (0)20 7312 5757 +44 (0)7836 357173 (m)
Citigate Dewe Rogerson
Anthony Carlisle +44 (0)20 7638 9571 +44 (0)7973 611888(m)
National Grid Group plc (National Grid)
7 October 2002
QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST (Quest)
(Notification of Directors' Interests pursuant to Section 324(2)
of the Companies Act 1985)
----------------------------------------------------------------
On Friday 4 October 2002, each of the following Executive Directors of National Grid: E M Astle, S J
Box, S J Holliday, R P Sergel and R J Urwin, technically ceased to be interested in 47,975 NGG Ordinary
shares, by virtue of the Quest transferring the shares to employees.
(Note: For Companies Act purposes, the Executive Directors of National Grid named above are deemed to
have a technical interest in the shares held in National Grid's Quest, together with all participating
employees. The interest ceases when shares are transferred to participants who exercise their Sharesave
scheme options.)
Contact: D C Forward, Assistant Secretary (0207 312 5860).
National Grid Group plc ('National Grid')
8 October 2002
Notification of Interest in National Grid Ordinary Shares, Pursuant to Section 198 of The Companies Act
1985
----------------------------------------------------------
National Grid today received a further notification from The Capital Group Companies, Inc., that its
notifiable interest increased to 10.00% (177,761,030 shares) as of 4 October 2002.
Lattice Group plc and National Grid Group plc
Scheme of Arrangement in relation to the proposed merger
of Lattice Group plc and National Grid Group plc
Lattice Group plc ("Lattice") and National Grid Group plc ("National Grid") announce that a hearing of
the petition to sanction the scheme of arrangement between Lattice and its shareholders pursuant to
which the merger with National Grid is to be implemented has been convened for Thursday 17 October 2002
from 10.30 a.m. before the Applications Judge at the Royal Courts of Justice, Strand, London, WC2A 2LL.
Enquiries:
Lattice National Grid
Investor Relations: Investor Relations:
Gary Rawlinson 44 (0) 20 7389 3218 Marcy Reed 44 (0) 20 7312 5779
Terry McCormick 44 (0) 20 7312 5785
Media Relations: Louise Clamp 44 (0) 20 7312 5783
Gillian Home 44 (0) 20 7389 3212
Jim Willison 44 (0) 20 7389 3213 Media Relations:
Clive Hawkins 44 (0) 20 7312 5757
The Maitland Consultancy
Angus Maitland 44 (0) 20 7379 5151 Citigate Dewe Rogerson
Anthony Carlisle 44(0) 20 7638 9571
National Grid Group plc (National Grid)
14 October 2002
QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST (Quest)
(Notification of Directors' Interests,
pursuant to Section 324(2) of the Companies Act 1985)
----------------------------------------------------------------
On Friday 11 October 2002, each of the following Executive Directors of National Grid: E M Astle, S J
Box, S J Holliday, R P Sergel and R J Urwin, technically ceased to be interested in 27,188 NGG Ordinary
shares, by virtue of the Quest transferring the shares to employees.
(Note: For Companies Act purposes, the Executive Directors of National Grid named above are deemed to
have a technical interest in the shares held in National Grid's Quest, together with all participating
employees. The interest ceases when shares are transferred to participants who exercise their Sharesave
scheme options.)
Contact: D C Forward, Assistant Secretary (0207 312 5860).
National Grid Group plc ('National Grid')
18 October 2002
---------------------------------------------------------
NOTIFICATION OF INTEREST IN NATIONAL GRID ORDINARY SHARES, PURSUANT TO PART VI OF THE COMPANIES ACT 1985
National Grid yesterday received a notification on behalf of Prudential plc that, as at 15 October
2002, Prudential plc and its subsidiaries no longer had a notifiable interest in NGG shares.
National Grid Group plc (National Grid)
18 October 2002
QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST (Quest)
(Notification of Directors' Interests pursuant to Section 324(2)
of the Companies Act 1985)
----------------------------------------------------------------
Today, each of the following Executive Directors of National Grid: E M Astle, S J Box, S J Holliday, R
P Sergel and R J Urwin, technically ceased to be interested in 74,452 NGG Ordinary shares, by virtue of
the Quest transferring the shares to employees.
(Note: For Companies Act purposes, the Executive Directors of National Grid named above are deemed to
have a technical interest in the shares held in National Grid's Quest, together with all participating
employees. The interest ceases when shares are transferred to participants who exercise their Sharesave
scheme options.)
Contact: D C Forward, Assistant Secretary (0207 312 5860).
National Grid Transco plc
22 October 2002-
Directors Interests
----------------------------------------------------------------------------------------
NATIONAL GRID TRANSCO PLC
Following completion of the merger ("the Merger") between National Grid Group plc and Lattice Group plc
("Lattice") to form National Grid Transco plc ("the Company") on 21 October 2002, the interests in the
Company's shares of those directors of the Company who were previously directors of Lattice are as
follows:
Beneficial interests as notified to the Company as at close of business on 21 October 2002
Executive Directors
Steve Lucas 23,471
John Wybrew 62,025
Non-executive Directors
Sir John Parker 4,729
Kenneth Harvey 1,861
Stephen Pettit 1,875
George Rose 5,025
The above figures include any shares held by a spouse, and in the case of the two Executive Directors
listed, also include shares held in trust pursuant to the Lattice Group All Employee Share Ownership
Plan and the BG Group Employee Profit Sharing Scheme.
Lattice Group Sharesave Scheme
Pursuant to the Merger proposals, John Wybrew elected to release his existing sharesave option over
Lattice shares in exchange for a new sharesave option over National Grid Transco shares. Consequently,
on 21 October 2002, he was granted a new sharesave option over National Grid Transco shares as set out
below:
------------------------- ----------------------- -------------------- ------------- -----------------------
Date of Grant Original contract Earliest normal Exercise Number of shares
start date exercise date price under option
------------------------- ----------------------- -------------------- ------------- -----------------------
------------------------- ----------------------- -------------------- ------------- -----------------------
21 October 2002 1 March 2001 1 March 2004 (pound)3.145 3,078
------------------------- ----------------------- -------------------- ------------- -----------------------
Lattice Group Long Term Incentive Scheme (LTIS)
Pursuant to the Merger proposals, Steve Lucas and John Wybrew agreed to roll-over their existing LTIS
awards over Lattice shares for LTIS awards over National Grid Transco shares. Consequently, on 21
October 2002, the 2000 and 2001 LTIS awards held by each of Steve Lucas and John Wybrew continued over
the following numbers of National Grid Transco shares:-
Steve Lucas
2000 Award 79,902 shares
2001 Award 96,589 shares
John Wybrew
2000 Award 95,597 shares
2001 Award 112,687 shares
Under the proposals relating to the roll-over of the 1999 LTIS awards held by each of John Wybrew and
Steve Lucas, each director has a right to be granted a nominal-cost ((pound)1) option over the National Grid
Transco shares which would otherwise be subject to their 1999 LTIS awards. Those options will be
granted by the trustee of the Lattice Group Employees Share Trust by 27 October 2002 over the following
numbers of National Grid Transco shares:-
Steve Lucas 31,237 shares
John Wybrew 114,380 shares
Further, Steve Lucas and John Wybrew, together with other employees of the former Lattice Group, also
have a potential interest in 2,686,854 National Grid Transco shares currently held by the trustee of
the Lattice Group All Employee Share Ownership Plan, in 3,927,844 National Grid Transco shares held by
Mourant & Co. Trustees Limited as trustee of the Lattice Group Long Term Incentive Scheme and in 18,403
National Grid Transco shares held by the trustee of the Lattice Group Employee Share Ownership Trust.
The interests of those directors who have continued as directors of the Company on Merger (James Ross,
Roger Urwin, Edward Astle, Steven Holliday, Rick Sergel, John Grant, Bonnie Hill and Paul Joskow) in
the Company's shares and ADRs remain unchanged.
24 October 2002
National Grid Transco plc (NGT)
Notification of Interest in NGT Ordinary Shares,
Pursuant to Section 198 of The Companies Act 1985
----------------------------------------------------------
NGT yesterday received a notification from The Capital Group Companies, Inc., that its notifiable
interest was 5.74% (178,098,751 shares) as of 18 October 2002.
National Grid Transco plc (NGT)
25 October 2002
QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST (Quest)
(Notification of Directors' Interests pursuant to Section 324(2)
of the Companies Act 1985)
-----------------------------------------------------------------------------------------------------
Today, each of the following Executive Directors of NGT: E M Astle, S J Holliday, R P Sergel and R J
Urwin, technically ceased to be interested in 13,345 NGT Ordinary shares, by virtue of the Quest
transferring the shares to employees.
(Note: For Companies Act purposes, the Executive Directors named above are deemed to have a technical
interest in the shares held in NGT's Quest, together with all participating employees. The interest
ceases when shares are transferred to participants who exercise their Sharesave scheme options.)
Contact: D C Forward, Assistant Secretary (0207 312 5860).
NATIONAL GRID TRANSCO PLC (the Company)
28 October 2002
PART 1 - DISCLOSURE OF DIRECTORS' DETAILS
In accordance with Paragraph 16.4 of the Listing Rules, National Grid Transco plc confirms that Sir
John Parker, Kenneth Harvey, Steve Lucas, Stephen Pettit, George Rose and John Wybrew, who were
appointed to the Board with effect from 21 October 2002, have held the following directorships of other
publicly quoted companies in the past 5 years:-
-------------------------------------------------------- ----------------------------- ---------------------------
Date of appointment Date of resignation
-------------------------------------------------------- ----------------------------- ---------------------------
Sir John Parker
-------------------------------------------------------- ----------------------------- ---------------------------
Babcock International Group plc 04/10/93 31/12/00
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
BG Group plc 17/02/97 23/10/00
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Brambles Industries plc 19/06/01
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Firth Rixson Plc 26/08/99
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
GKN Plc 01/04/93 16/05/02
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Lattice Group plc (delisted 21/10/02) 01/09/00
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
P & O Princess Cruises plc 18/09/00
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
RMC Group plc 01/10/01
-------------------------------------------------------- ----------------------------- ---------------------------
Kenneth Harvey
-------------------------------------------------------- ----------------------------- ---------------------------
Beaufort Group plc 01/01/98
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Lattice Group plc (delisted 21/10/02) 01/09/00 21/10/02
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Pennon Group plc 01/03/97
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
The Intercare Group plc 20/02/96
-------------------------------------------------------- ----------------------------- ---------------------------
Steve Lucas
-------------------------------------------------------- ----------------------------- ---------------------------
Lattice Group plc (delisted 21/10/02) 01/09/00
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Transco Holdings plc 23/10/2000
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Transco plc 13/12/1999
-------------------------------------------------------- ----------------------------- ---------------------------
Stephen Pettit
-------------------------------------------------------- ----------------------------- ---------------------------
Cable and Wireless plc 12/09/95 31/08/01
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Lattice Group plc (delisted 21/10/02) 01/11/01 21/10/02
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
KBC Advanced Technologies plc 01/02/99
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Pure Entertainment Games plc 21/09/00
-------------------------------------------------------- ----------------------------- ---------------------------
George Rose
-------------------------------------------------------- ----------------------------- ---------------------------
BAE Systems plc 01/04/98
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Lattice Group plc (delisted 21/10/02) 01/09/00 21/10/02
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Orange plc 14/12/95 31/01/00
-------------------------------------------------------- ----------------------------- ---------------------------
John Wybrew
-------------------------------------------------------- ----------------------------- ---------------------------
BG Group plc 15/09/99 23/10/00
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Lattice Group plc (delisted 21/10/02) 01/09/00
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Transco Holdings plc 27/09/1999
-------------------------------------------------------- ----------------------------- ---------------------------
-------------------------------------------------------- ----------------------------- ---------------------------
Transco plc 01/04/1996 21/10/02
-------------------------------------------------------- ----------------------------- ---------------------------
There are no details required to be disclosed under paragraphs 6.F.2 (b) to (g) of the Listing Rules in
respect of any of the above named directors.
PART 2 - NOTIFICATION OF CHANGES TO DIRECTORS' INTERESTS IN SHARES
LATTICE GROUP ALL EMPLOYEE SHARE OWNERSHIP PLAN (AESOP)
The Company was notified on 25 October 2002 that the trustees of the AESOP have awarded National Grid
Transco plc ordinary shares of 10p each to eligible Executive Directors and other former Lattice Group
employees under the Free Shares element of the AESOP at a price of(pound)4.7142p per share. Awards
represent performance against targets for the six months ended 30 September 2002 and have been capped
at a maximum value of(pound)1,500 per participant.
Shares must be held in trust for a minimum of five years to be fully tax free, unless the participant
leaves for any of the special reasons defined in the Rules.
Details of awards to Executive Directors are as follows:
------------------------- -------------------------------- --------------------------- ---------------------------
Name Beneficial Shareholding as at AESOP Free Shares awarded Revised Beneficial
24 October 2002 on 25 October 2002 Shareholding
------------------------- -------------------------------- --------------------------- ---------------------------
------------------------- -------------------------------- --------------------------- ---------------------------
Steve Lucas 23,471 318 23,789
------------------------- -------------------------------- --------------------------- ---------------------------
------------------------- -------------------------------- --------------------------- ---------------------------
John Wybrew 62,025 318 62,343
------------------------- -------------------------------- --------------------------- ---------------------------
A total of 2,005,941 National Grid Transco plc shares were allocated to participants under the AESOP
Free Shares awards on 25 October 2002. The Executive Directors ceased to have a potential interest in
these shares, other than those awarded to them as set out above. Accordingly, they now have a
potential interest in 680,913 shares in the Company still held by the trustee of the AESOP.
Further, on 25 October 2002, Mourant & Co. Trustees Ltd as trustee of the Lattice Group Long Term
Incentive Scheme transferred a total of 3,160,179 shares in the Company to participants. Accordingly,
Steve Lucas and John Wybrew, as with other employees of the former Lattice Group, ceased to have a
potential interest in these shares and now have a potential interest in 767,665 National Grid Transco
plc shares still held by Mourant & Co. Trustees Ltd.
28 October 2002
National Grid Transco plc (NGT)
------------------------------------------------------------------------------
National Grid 1996 EMPLOYEE BENEFIT TRUST (ESOP)
(Notification Of Directors' Interests, Pursuant to Section 324(2) of the Companies Act 1985)
------------------------------------------------------------------------------
NGT today received a further notification from the ESOP Trustee; that certain Executive Directors of
NGT (E M Astle, S J Holliday, R P Sergel and R J Urwin) ceased to be technically interested in 8,031
NGT Ordinary shares on 25 October 2002, by virtue of the Trustee having transferred the shares to
participants.
(Note: For Companies Act purposes, these Executive Directors of NGT are deemed to have a technical
interest in all the shares held by the ESOP, together with all participating employees. The interest
ceases when shares are transferred to participants by the exercise of executive share options or under
another employees' share scheme.)
Contact: D C Forward, Assistant Secretary (020 7312 5860)
28th October 2002
National Grid Transco plc ('NGT')
Notification of Interest in NGT Shares, Pursuant to Sections 198 to 202 of The Companies Act 1985
----------------------------------------------------------------------------------------------------
National Grid today received a notification from Deutsche Bank AG, dated 25 October 2002, that it no
longer had a notifiable interest in NGT shares, following the merger of National Grid and Lattice;
with the increased issued share capital of the group.