Operation of scrip dividend scheme

RNS Number : 1896A

Good Energy Group PLC

22 September 2022

 

Good Energy Group PLC

("Good Energy" or the "Company")

Operation of scrip dividend scheme

The Board of Good Energy recommended an interim dividend of 0.75p per ordinary share for the period to 30 June 2022, as set out in the Company's interim results on 20 September 2022.   The dividend is payable on 10 November 2022 to shareholders whose names are on the register at close of business on 30 September 2022.  The shares will trade ex-dividend from 29 September 2022.

The Board has 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.

Documentation setting out full details of the scrip dividend scheme has been sent to all shareholders today and can be viewed on the website at https://group.goodenergy.co.uk/investor-centre/dividend-and-scrip-information .

To participate in the scrip dividend scheme for the 2022 interim dividend, shareholders who have not yet lodged election forms must do so by 5pm on 18 October 2022.  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 10 October 2022.

The timetable for the operation of the scrip dividend scheme in respect of the 2022 interim dividend is set out below.

22 September 2022	Announcement and posting of scrip dividend documentation
29 September 2022	Ex-dividend
29 September 2022 - 05 October 2022	Scrip dividend calculation period
30 September 2022	Record date
10 October 2022	Publication of scrip reference price
18 October 2022 at 5pm	Final date and time for receipt of scrip election forms
08 November 2022	Posting of dividend cheques and tax vouchers for cash dividend
10 November 2022	Issue and allotment of new shares for scrip dividend and admission to trading
10 November 2022	Issue and posting of new share certificates for scrip dividend
10 November 2022	Cash dividend payment date

Enquiries

Good Energy Group PLC
Nigel Pocklington, Chief Executive Charlie Parry, Director of Corporate Strategy & Investor Relations Luke Bigwood, Director of External Affairs	Email: [e-mail]
SEC Newgate UK (Financial PR)
Elisabeth Cowell / Molly Gretton	Email:  [e-mail]
	Tel: [phone]
Investec Bank plc (Nominated Adviser and Joint Broker)
Jeremy Ellis / Henry Reast	Tel: [phone]
Canaccord Genuity Limited (Joint Broker)
Henry Fitzgerald - O'Connor / Harry Rees	Tel: [phone]

About Good Energy www.goodenergy.co.uk

Good Energy is a supplier of 100% renewable power and an innovator in energy services.  It has long term power purchase agreements with a community of 1,700 independent UK generators.

Since it was founded 20 years ago, the company has been at the forefront of the charge towards a cleaner, distributed energy system.  Its mission is to power a cleaner, greener world and make it simple to generate, share, store, use and travel by clean power.  Its ambition is to support one million homes and businesses to cut carbon from their energy and transport used by 2025.

Good Energy is recognised as a leader in this market, through our green kite accreditation with the London Stock Exchange and as the only energy supplier with Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

 

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