TIDM71ZU

RNS Number : 0825Z

Scotland Gas Networks PLC

15 September 2020

SCOTLAND GAS NETWORKS PLC (the "Issuer")

(LEGAL IDENTIFIER NUMBER: 549300Y7M5CC1U5DBX07)

RIIO-GD2 Draft Determination

15 September 2020

The Issuer has various series of notes in issue under a GBP5,000,000,000 Euro Medium Term Note Programme and is making this announcement in the context of the RIIO GD2 Draft Determination.

On the 4th of September the Issuer and Southern Gas Networks plc responded to Ofgem's consultation response on the RIIO-GD2 draft determination. There are a number of areas that have been identified as the Issuer has progressed through this consultation process, that give rise to concern. The Issuer has communicated these to Ofgem through its response and will continue to work with Ofgem to find an appropriate solution to these issues.

Inside Information

This announcement is released by the Issuer and contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014 ("MAR"). For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Duncan Holder (Group Treasurer) at the Issuer.

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(END) Dow Jones Newswires

September 15, 2020 11:33 ET (15:33 GMT)

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