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National Grid Ownership Shift Notified by Goldman Sachs

National Grid Ownership Shift Notified by Goldman Sachs

National Grid Transco (NGG) has released an update.

National Grid plc has announced a significant change in ownership, with The Goldman Sachs Group, Inc. reporting a combined total holding of 3.757432% in National Grid’s voting ordinary shares. This change, which crosses a major threshold, includes both direct voting rights and voting rights through various financial instruments. The notification, dated 29th May 2024, reveals an increase in Goldman Sachs’ direct holdings and a new position through financial instruments.

For further insights into NGG stock, check out TipRanks’ Stock Analysis page.

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