Scrip Alternative

RNS Number : 4421F

SSE PLC

20 February 2018

 

SSE PLC

INTERIM DIVIDEND FOR THE YEAR ENDED 31 MARCH 2018

SCRIP ALTERNATIVE

SSE plc was notified today that a total of 27,118 shareholders have elected to receive the interim dividend for the year ended 31 March 2018 of 28.4 pence per ordinary share in respect of 24,783,553 ordinary shares in the form of Scrip dividend.  This will result in a reduction in final dividend cash funding of £7,038,529.

A total of 546,613 new ordinary shares, fully paid, will be issued on 16 March 2018, representing an increase of 0.05% on the issued share capital (excluding treasury shares) on the dividend record date of 19 January 2018.  The relevant Scrip Reference Share Price was 1,292 pence per ordinary share.

 

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