Scrip Alternative

RNS Number : 0546Z
SSE PLC
28 August 2018
 

SSE PLC

 

FINAL DIVIDEND FOR THE YEAR ENDED 31 MARCH 2018

SCRIP ALTERNATIVE

SSE plc was notified today that a total of 27,039 shareholders have elected to receive the final dividend for the year ended 31 March 2018 of 66.3 pence per ordinary share in respect of 213,890,054 ordinary shares in the form of Scrip dividend.  This will result in a reduction in final dividend cash funding of £141,809,106.

A total of 11,316,873 new ordinary shares, fully paid, will be issued on 21 September 2018, representing an increase of 1.11% on the issued share capital (excluding treasury shares) on the dividend record date of 27 July 2018.  The relevant Scrip Reference Share Price was 1,253 pence per ordinary share.


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