Operation of scrip dividend scheme

RNS Number : 8041L

Good Energy Group PLC

10 September 2019

 

Good Energy Group PLC

("Good Energy" or the "Company")

Operation of scrip dividend scheme

The Board of Good Energy Group PLC is pleased to announce an interim dividend of 1.1p per ordinary share for the period to 30 June 2019, as set out in the Company's interim results released this morning. The dividend is payable on 31 October 2019 to shareholders whose names are on the register at close of business on 20 September 2019. The shares will trade ex-dividend from 19 September 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.

Documentation setting out full details of the scrip dividend scheme will be sent to all shareholders on or around 10 September 2019.

To participate in the scrip dividend scheme for the 2019 interim dividend, shareholders who have not yet lodged election forms must do so by 4pm on 4 October 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 26 September 2018.

The timetable for the operation of the scrip dividend scheme in respect of the 2019 interim dividend is set out below.

Date	Item
10 September 2019	Announcement
19 September 2019	Ex-Dividend date
19 - 25 September 2019	Scrip dividend calculation period
20 September 2019	Record date
26 September 2019	Publication of Scrip reference price
4 October 2019, 4pm	Final date and time for receipt of mandate forms
29 October 2019	Posting of dividend cheques and tax vouchers for cash dividend
31 October 2019	Issue and allotment of new shares for scrip dividend
31 October 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]

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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