2013 Final Dividend - Scrip Alternative

RNS Number : 2174F

Costain Group PLC

22 April 2014

 



COSTAIN GROUP PLC

("Costain")

2013 Final Dividend - Scrip Alternative

Costain announces that, following approval by shareholders at the Company's 2013 Annual General Meeting of the renewal of the scrip dividend scheme, elections have been made by shareholders to receive 191,503 ordinary shares of 50p each in the Company ("Shares") in lieu of cash in respect of all or part of their final dividend for the year ended 31 December 2013 ("Final Dividend"), which is to be paid on Friday 25 April 2014.

Application has therefore been made for the admission ("Admission") of 191,503 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 25 April 2014.

The resultant interest, upon Admission, of the Director who has elected to receive part of the Final Dividend in the form of Shares is set out below:

Director Jane Lodge

Shares to be received under scrip dividend election 82*

Resultant interest in Shares (at Admission) 25,769

% of issued Shares (at Admission) 0.03%

* held by a connected person                                         

22 April 2014

ENQUIRIES:
Costain Group PLC	Tel: [phone]
Tracey Wood, Company Secretary
Instinctif Partners	Tel: [phone]
Mark Garraway
Helen Tarbet

 

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