Scrip Dividend Scheme - Circular to Shareholders

RNS Number : 5845E

Phoenix Group Holdings

08 April 2011

 



PHOENIX GROUP HOLDINGS

Circular to Shareholders - Scrip Dividend Scheme

Phoenix Group Holdings (the "Company") announces the publication of a Circular to Shareholders in respect of its Scrip Dividend Scheme. The Circular and the relevant mandate forms are being posted to Shareholders today, Friday, 8 April 2011. The amended warrant exercise price will be announced on or before 4 May 2011.

The expected timetable for the 2011 Final Dividend is:-

Ex-dividend date                                                                                 6 April 2011

Record date                                                                                        8 April 2011

Scrip calculation price determined                                                     6 - 12 April 2011 (inclusive)

Scrip calculation price available and announced                               13 April 2011

Mandate delivery deadline for Shareholders                                       4.00 p.m. (BST), 26 April 2011

Dividend payment date                                                                       17 May 2011

First day of dealings in New Ordinary Shares                                    17 May 2011

Payment of the Dividend is subject to Shareholder approval at the Company's annual general meeting to be held on Friday 13 May 2011 at 1.00 pm.

Full details and copies of the Circular and relevant mandate forms are available on the Company's website at http://www.thephoenixgroup.com in the Investor Relations section.

Copies of the above documents have been submitted to the National Storage Mechanism and are to be made available for inspection at http://www.hemscott.com/nsm.do.

Enquiries:

Media                                                                                                 Investor Relations                                                   

Daniel Godfrey                                                                                    Lorraine Rees

+ 44 (0) 20 7489 4517                                                                        + 44 (0) 20 7489 4456

+ 44 (0) 7894 937 890                                                                        + 44 (0) 7872 413277

Note:Defined terms used in this announcement have the same meaning as given to them in the Circular.

 

END

 

 

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