Operation of scrip dividend scheme
Updated : 09:00
Good Energy Group PLC
("Good Energy" or the "Company")
Operation of scrip dividend scheme
The Board of Good Energy Group PLC is pleased to announce an interim dividend of 1.1p per ordinary share for the period to 30 June 2019, as set out in the Company's interim results released this morning. The dividend is payable on 31 October 2019 to shareholders whose names are on the register at close of business on 20 September 2019. The shares will trade ex-dividend from 19 September 2019.
The Directors have decided to continue to offer shareholders the opportunity to receive dividends in the form of new shares in the Company as an alternative to a cash dividend payment.
Documentation setting out full details of the scrip dividend scheme will be sent to all shareholders on or around 10 September 2019.
To participate in the scrip dividend scheme for the 2019 interim dividend, shareholders who have not yet lodged election forms must do so by 4pm on 4 October 2019. Shareholders need not take any further action if they have already elected to participate in the scrip dividend scheme or receive their dividend in cash and would like to continue to do so.
The reference price of the scrip shares in respect of the dividend will be calculated and published on or around 26 September 2018.
The timetable for the operation of the scrip dividend scheme in respect of the 2019 interim dividend is set out below.
Date | Item |
10 September 2019 | Announcement |
19 September 2019 | Ex-Dividend date |
19 - 25 September 2019 | Scrip dividend calculation period |
20 September 2019 | Record date |
26 September 2019 | Publication of Scrip reference price |
4 October 2019, 4pm | Final date and time for receipt of mandate forms |
29 October 2019 | Posting of dividend cheques and tax vouchers for cash dividend |
31 October 2019 | Issue and allotment of new shares for scrip dividend |
31 October 2019 | Cash dividend payment date |
Enquiries:
Good Energy Group PLC Juliet Davenport, Chief Executive Charles Parry, Investor Relations
| Tel: +44 (0)1249 766775 |
Investec Bank plc (Nominated Adviser) Jeremy Ellis Sara Hale
| Tel: +44 (0) 20 7597 5970 |
Walbrook (Financial PR) Paul Cornelius Nick Rome
| Tel: +44 (0) 20 7933 8794
|
Notes to editors:
About Good Energy www.goodenergy.co.uk
Good Energy was founded in 1999 by Juliet Davenport OBE with the ambition to tackle climate change by generating and investing in renewable energy. Its purpose is to power the choice of a cleaner, greener future together with its customers, employees and investors.
Since it started, the company has been supplying clean power, sourced from its own generation assets as well as from independent, UK-based renewable generators. Good Energy also pioneered a more localised approach to energy by supporting home generation, launching the HomeGen scheme in 2004, which became the blueprint for the Feed-in Tariff.
Today, it continues to support and invest in localised energy generation, as the only UK energy company with more home-generation customers than supply. From using digital innovation to help UK households and businesses manage their energy usage more efficiently, to empowering more people to generate, store and share clean power, it is leading the charge towards a cleaner, distributed energy system.
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