Notice of AGM

RNS Number : 6205Z

Good Energy Group PLC

21 May 2019

 

 Good Energy Group PLC

("Good Energy" or the "Company")

Notice of AGM

Notice of 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 https://group.goodenergy.co.uk.

The Company will be holding its AGM at 3pm at Chippenham Town Hall, High Street, Chippenham, Wiltshire, SN15 3ER on Thursday 13 June 2019.

Forms of proxy must be completed, signed and returned so as to be received by the Company's Registrars by no later than 3pm on Tuesday 11 June 2019. Full details are set out in the Notice of AGM and on the Company's website.

Operation of scrip dividend scheme

The Board of Good Energy Group PLC recommended a final dividend of 2.5p per ordinary share for the financial year ended 31 December 2018, as set out in the Company's preliminary results on 20 March 2019. Subject to shareholder approval at the Company's AGM on 13 June 2019, the final dividend is payable on 4 July 2019 to shareholders whose names are on the register at close of business on 31 May 2019. The shares will trade ex-dividend from 30 May 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. The continuation of the scheme is subject to approval of the renewable of the Directors' authority to operate the scheme at the Company's AGM.

Documentation setting out full details of the scrip dividend scheme has been sent to all shareholders today.

To participate in the scrip dividend scheme for the 2018 final dividend, shareholders who have not yet lodged election forms must do so by 4pm on 17 June 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 7 June 2019.

The timetable for the operation of the scrip dividend scheme in respect of the 2018 final dividend is set out below.

Date	Item
21 May 2019	Announcement and posting of scrip dividend documentation
30 May 2019	Ordinary shares quoted ex-dividend
30 May - 5 June 2019	Scrip dividend calculation period
31 May 2019	Record date
7 June 2019	Publication of scrip reference price
13 June 2019	AGM
4pm on 17 June 2019	Final date and time for receipt of scrip election forms
2 July 2019	Posting of dividend cheques and tax vouchers for cash dividend
4 July 2019	Issue and allotment of new shares for scrip dividend and admission to trading
4 July 2019	Issue and posting of new share certificates for scrip dividend
4 July 2019	Cash dividend payment date

Enquiries:

Good Energy Group PLC Juliet Davenport, Chief Executive Charles Parry, Investor Relations	Tel: [phone]
Investec Bank plc (Nominated Adviser) Jeremy Ellis Sara Hale	Tel: [phone]
Walbrook (Financial PR) Paul Cornelius Nick Rome	Tel: [phone] [e-mail]

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.

 

END

 

 

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