TIDM71ZU

RNS Number : 8964Z

Scotland Gas Networks PLC

23 September 2020

SCOTLAND GAS NETWORKS PLC (the "Issuer")

(LEGAL IDENTIFIER NUMBER: 549300Y7M5CC1U5DBX07)

RIIO-GD2 Draft Determination publication of Executive Summary

23 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.

The Issuer and Southern Gas Networks plc has today published the Executive Summary of its considered response to Ofgem's draft RIIO-GD2 determination, which can be found here:

https://www.sgnfuture.co.uk/wp-content/uploads/2020/09/SGN-RIIO-GD2-Draft-Determination-Consultation-SectionA-Exec-Summary-Redacted.pdf

While the consultation process is ongoing the Issuer continues to work with Ofgem before a final determination is published in December.

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 23, 2020 07:21 ET (11:21 GMT)

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