Scrip Dividend Elections & Total Voting Rights

Good Energy Group PLC

17 October 2024

 

17 October 2024

Good Energy Group PLC

("Good Energy" or the "Company")

Scrip Dividend Elections & Total Voting Rights

Good Energy announces that it has received elections to accept a scrip dividend alternative from the holders of 1,925,319 ordinary shares of 5p each ("Ordinary Shares") in relation to the full year dividend for the period to 30 June 2024. This accounts for 10.6% of the 18,243,980 Ordinary Shares in issue on 27 September 2024 (the "Record Date").

Accordingly, pursuant to the Company's existing authorities, 8,182 new Ordinary Shares ("Scrip Dividend Shares") will be issued in satisfaction of such elections at an equivalent price of £2.56 each.

The Scrip Dividend Shares will rank pari passu with the Company's existing issued Ordinary Shares.  An application has been made to AIM to admit the 8,182 Scrip Dividend Shares. Dealings in the Scrip Dividend Shares are expected to commence on or around 25 October 2024. Share certificates and scrip dividend vouchers for the Scrip Dividend Shares will be posted on the same date.

Following the admission of the Scrip Dividend Shares, the enlarged issued share capital of Good Energy will consist of 18,252,162 Ordinary Shares.  There are no shares held in Treasury. This is, therefore, the figure to be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest, or a change to their interest, in Good Energy.

Enquiries

Good Energy Group PLC
Nigel Pocklington, Chief Executive Ian McKee, Head of Communications	Email: [e-mail]
SEC Newgate UK	Email: [e-mail]
Elisabeth Cowell / Molly Gretton	Tel: [phone]
Canaccord Genuity Limited (Nominated Adviser and Joint Broker)
Henry Fitzgerald - O'Connor  / Harry Rees	Tel: [phone]
Panmure Liberum Limited (Joint Broker)
Edward Mansfield / William King / Josh Moss	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 more than 2,500 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 use by 2025.

Good Energy is recognised as a leader in this market, through its B Corp accreditation, Which? Eco Provider status and Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

 

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