National Grid PLC Investor teach-in event in London and New York (5639Q)
September 13 2017 - 2:30AM
UK Regulatory
TIDMNG.
RNS Number : 5639Q
National Grid PLC
13 September 2017
13 September 2017
Investor teach-in event in London and New York
We are hosting investor teach-in events focused on our New York
business, which is National Grid's largest jurisdiction in the US.
The first event will be held in London today, followed by a repeat
event in New York tomorrow.
All presentations and a webcast replay will be available
tomorrow on National Grid's investor website
http://www.nationalgrid.com/investors and on the Investor Relations
App.
No material updates on current trading will be provided.
CONTACTS
Investors and Analysts
+44 (0) 7989 492447
Aarti Singhal +44 (0) 20 7004 3170 (m)
+44 (0) 7584 206578
(m)
+1 (781) 405 5699
Will Jackson +44 (0) 20 7004 3166 (m)
Michael Ioanilli +1 (929) 324 4232 +44 (0) 7976 962791
Tom Edwards +44 (0) 20 7004 3460 (m)
CAUTIONARY STATEMENT
This announcement contains certain statements that are neither
reported financial results nor other historical information. These
statements are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These
statements include information with respect to National Grid's
financial condition, its results of operations and businesses,
strategy, plans and objectives. Words such as 'anticipates',
'expects', 'should', 'intends', 'plans', 'believes', 'outlook',
'seeks', 'estimates', 'targets', 'may', 'will', 'continue',
'project' and similar expressions, as well as statements in the
future tense, identify forward-looking statements. These
forward-looking statements are not guarantees of National Grid's
future performance and are subject to assumptions, risks and
uncertainties that could cause actual future results to differ
materially from those expressed in or implied by such
forward-looking statements. Many of these assumptions, risks and
uncertainties relate to factors that are beyond National Grid's
ability to control or estimate precisely, such as changes in laws
or regulations, including any arising as a result of the United
Kingdom's exit from the European Union, announcements from and
decisions by governmental bodies or regulators, including the
timing of construction and delivery by third parties of new
generation projects requiring connection; breaches of, or changes
in, environmental, climate change and health and safety laws or
regulations, including breaches or other incidents arising from the
potentially harmful nature of its activities; network failure or
interruption, the inability to carry out critical non network
operations and damage to infrastructure, due to adverse weather
conditions including the impact of major storms as well as the
results of climate change, due to counterparties being unable to
deliver physical commodities, or due to the failure of or
unauthorised access to or deliberate breaches of National Grid's IT
systems and supporting technology; performance against regulatory
targets and standards and against National Grid's peers with the
aim of delivering stakeholder expectations regarding costs and
efficiency savings, including those related to investment
programmes and internal transformation and remediation plans; and
customers and counterparties (including financial institutions)
failing to perform their obligations to the Company. Other factors
that could cause actual results to differ materially from those
described in this announcement include fluctuations in exchange
rates, interest rates and commodity price indices; restrictions and
conditions (including filing requirements) in National Grid's
borrowing and debt arrangements, funding costs and access to
financing; regulatory requirements for the Company to maintain
financial resources in certain parts of its business and
restrictions on some subsidiaries' transactions such as paying
dividends, lending or levying charges; the delayed timing of
recoveries and payments in National Grid's regulated businesses and
whether aspects of its activities are contestable; the funding
requirements and performance of National Grid's pension schemes and
other post-retirement benefit schemes; the failure to attract,
train or retain employees with the necessary competencies,
including leadership and business capabilities, and any significant
disputes arising with National Grid's employees or the breach of
laws or regulations by its employees; the failure to respond to
market developments, including competition for onshore
transmission, the threats and opportunities presented by emerging
technology, development activities relating to changes in the
energy mix and the integration of distributed energy resources, and
the need to grow the Company's business to deliver its strategy, as
well as incorrect or unforeseen assumptions or conclusions
(including unanticipated costs and liabilities) relating to
business development activity, including assumptions in connection
with the Company's sale of a majority stake in its gas distribution
business and with joint ventures. For further details regarding
these and other assumptions, risks and uncertainties that may
impact National Grid, please read the Strategic Report section and
the 'Risk factors' on pages 180 to 183 of National Grid plc's most
recent Annual Report and Accounts. In addition, new factors emerge
from time to time and National Grid cannot assess the potential
impact of any such factor on its activities or the extent to which
any factor, or combination of factors, may cause actual future
results to differ materially from those contained in any
forward-looking statement. Except as may be required by law or
regulation, the Company undertakes no obligation to update any of
its forward-looking statements, which speak only as of the date of
this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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