2009 Interim Dividend - Scrip

RNS Number : 6238B

Costain Group PLC

29 October 2009

 



COSTAIN GROUP PLC

("Costain")

2009 Interim Dividend - Scrip Alternative 

Costain announces that, following approval by shareholders at the Company's 2008 AGM of the scrip dividend scheme, elections have been made by shareholders to receive 529,756 ordinary shares of 5p each in the Company ("Shares") in lieu of cash in respect of all or part of their interim dividend for the half year ended 30 June 2009 ("Interim Dividend"), to be paid on 30 October 2009.

Application has therefore been made for the admission ("Admission") of 529,756 new Shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities. The new Shares will rank pari passu with the Company's existing issued Shares and dealings are expected to commence on Friday 30 October 2009.

The resultant interests, upon Admission, of certain Directors who have elected to receive the Final Dividend in the form of shares is set out below:

Director	Shares to be received under scrip dividend elections	Resultant interest in Shares  (at Admission)	% of issued Shares  (at Admission)
Andrew Wyllie	2,632	273,306	0.043
Michael Alexander	405	42,047	0.006

Upon Admission the total number of Shares in issue, and therefore the total number of voting shares, is 634,226,147 shares. There are no shares held in Treasury. The above figure may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules. 

29 October 2009

ENQUIRIES:
Costain Group PLC	Tel: [phone]
Clive Franks, Company Secretary
College Hill	Tel: [phone]
Mark Garraway
Adam Aljewicz

 

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