Scrip Reference Share Price

RNS Number : 0050H

Mitchells & Butlers PLC

02 June 2017

 

2 June 2017

Mitchells & Butlers plc

Announcement of Scrip Reference Share Price

Mitchells & Butlers plc (the 'Company') announced on 17 May 2017 that it would be offering a scrip dividend alternative in respect of the interim dividend for the year ending 30 September 2017 of 2.5p per share payable on 3 July 2017.

The Scrip Reference Share Price which will be used in calculating the entitlement of those who have elected for the scrip dividend alternative is 243.20p.  This figure is based on the average of the closing middle market quotations for the Company's ordinary shares, as derived from the London Stock Exchange Daily Official List, for the five business days commencing on the ex-dividend date of 25 May 2017.

Shareholders who hold share certificate(s) and who do not hold their shares in CREST who wish to take up the scrip alternative and have not previously submitted a Scrip Dividend Mandate Form will need to complete a Scrip Dividend Mandate Form, which can be found on our website www.mbplc.com or by contacting Equiniti on 0371 384 2065.  The completed Scrip Dividend Mandate Form must be returned to the registrars by no later than 5pm on 12 June 2017.

 Shareholders who hold share certificate(s) and do not hold their shares in CREST who wish to take up the scrip alternative and who have already submitted a Scrip Dividend Mandate Form in respect of the final dividend for the 2016 financial year do not need to submit a new mandate form. The existing mandate form will continue in force for those shareholders who do not hold shares in CREST unless and until notice of cancellation is received by the Company's registrars not less than 15 working days before the date on which the dividend is to be paid.

Shareholders who hold their shares in CREST and who wish to elect for the scrip dividend alternative should complete an election through CREST no later than 5pm on 12 June 2017. Please refer to the elections process document available at www.shareview.co.uk/info/reinvest

 

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