Scrip Dividend Documentation

RNS Number : 2313S

Phoenix Group Holdings

06 September 2010

 



PHOENIX GROUP HOLDINGS

Circular to Shareholders - Scrip Dividend Scheme

Phoenix Group Holdings 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, Monday, 6 September 2010.

The timetable for the 2010 Interim Dividend is as follows:-

Ex-dividend date                                                                                                  8 September 2010

Record date                                                                                                       10 September 2010

Scrip calculation price determined                                              8 - 14 September 2010 (inclusive)

Scrip calculation price available and announced                                               15 September 2010

Mandate delivery deadline for Shareholders holding              3.00 p.m. (CET), 23 September 2010

shares through Euroclear Nederland

Mandate delivery deadline for Shareholders not holding        4.00 p.m. (BST), 24 September 2010

their shares through Euroclear Nederland                            

Dividend payment date                                                                                            15 October 2010

First day of dealings in New Ordinary Shares                                                         15 October 2010

Payment of the Interim Dividend is subject to compliance with the processes set out in Group's main credit facilities

Full details and copies of the published documents are available on the Company's website at http://www.thephoenixgroup.com.

Copies of the above documents have been submitted to the National Storage Mechanism and will shortly be 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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