Dividend - Scrip Alternative

RNS Number : 1861F

Costain Group PLC

16 May 2017

 

COSTAIN GROUP PLC

("Costain")

16 May 2017

2016 Final Dividend - Scrip Alternative

Costain announces that, following approval by shareholders at the Company's 2016 Annual General Meeting of the renewal of the scrip dividend scheme, elections have been made by shareholders to receive 382,406 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 2016, which is to be paid on Friday 19 May 2017.

Application has therefore been made for the admission of 382,406 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 19 May 2017.

The mandate form and the scrip dividend booklet containing the terms of the Company's scrip dividend scheme are set out on the Company's website at:

http://www.costain.com/investors/shareholder-centre/dividend-scrip/

Copies of the above forms have also been submitted to the National Storage Mechanism and are available for inspection at www.morningstar.co.uk/uk/NSM.

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

 

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