Notice of AGM & posting of Scrip Dividend Circular

RNS Number : 3263G

Good Energy Group PLC

26 May 2017

 

Good Energy Group PLC

("Good Energy" or "the Company")

Notice of Annual General Meeting ("AGM")

and posting of Scrip Dividend Circular

Notice of AGM

Good Energy announces that its Notice of AGM has been posted to shareholders today and will shortly be available on the Company's website at http://www.goodenergygroup.co.uk. The Company will be holding its AGM at 3pm at Chippenham Town Hall, High Street, Chippenham, SN15 3ER on Wednesday 21st June 2017.

Scrip Dividend

The Directors recommended a final dividend of 2.3p per share for the year ended 31 December 2016 when announcing the Company's preliminary results on 21^st March 2017. In response to continued shareholder interest, the Board has decided to continue to offer shareholders a scrip dividend alternative to the final dividend. Documentation setting out full details relating to this scrip dividend has been sent to shareholders today.

Subject to approval of the final dividend at the AGM on 21^st June 2017, the final dividend will be payable to shareholders whose names are on the register at close of business 9^th June 2017. The Company's shares will trade ex dividend from 8^th June 2017.

If shareholders wish to receive all or part of this dividend by way of new shares in the Company, election forms need to be filed by 4.00 pm on 22^th June 2017. If no action is taken, the dividend will be paid as cash. The reference price of the scrip shares in respect of the dividend will be calculated and published on or around 15^th June 2017.

The Company announces the timetable for the payment of the final dividend as set out in the table below:

26 May 2017	Posting of scrip dividend documentation
8 June 2017	Ordinary shares quoted ex dividend
8 - 14 June 2017	Scrip dividend calculation period
9 June 2017	Record Date
15 June 2017	Scrip reference price published
21 June 2017	Annual General Meeting
22 June 2017, 4pm	Final date and time for receipt of election forms
18 July 2017	Posting of dividend cheques and tax vouchers for cash dividend
20 July 2017	Issue and allotment of new ordinary shares for scrip dividend and admission to trading
20 July 2017	Issue and posting of new share certificates for scrip dividend
20 July	Cash dividend payment date

[ends]

Enquiries:
Good Energy Group PLC	[phone]
Juliet Davenport, Chief Executive Officer
Denise Cockrem, Chief Financial Officer
Smithfield Consultants	[phone]
Alex Simmons
Brett Jacobs
Arden Partners plc	[phone]
Steve Douglas
Patrick Caulfield
Investec Bank plc	[phone]
Jeremy Ellis
Sara Hale

Notes to editors:

·      Good Energy is a fast growing green energy company, generating and selling 100% renewable electricity and green gas to households and businesses across the UK.

·      An AIM-listed PLC, and founder member of the Social Stock Exchange, its purpose is to support change in the energy market, address climate change and boost energy security.

·      The Company has been awarded 4 out of 5 stars by Which? for customer service in 2016 and 2017, and has been voted the best energy company for customer service by users of MoneySavingExpert.com for three consecutive polls.

·      As at 31 December 2016, Good Energy had over 71,400 renewable electricity customers and 44,100 carbon neutral gas customers. It also provides Feed-in Tariff administration services to over 133,000 sites, totalling over 248,500.

·      Good Energy is the owner of Delabole Wind Farm, the UK's first commercial onshore wind farm and owns and operates Hampole Wind Farm, near Doncaster. The Company also owns and operates seven solar farms.

·      Good Energy received an average customer advocacy of 45. A net promoter score is an index ranging from -100 to 100 that measures the willingness of customers to recommend a company's products or services to others. It is used as a proxy for gauging the customer's overall satisfaction with a company's product or service and the customer's loyalty to the brand.

·      Good Energy has won a number of awards, including Renewable Energy Association Company of the Year Award 2016, Business Green Company of the Year 2015, and was named Social Impact Company of the Year at the 2014 and 2015 Small Cap awards.

 

END

 

 

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