2008 Interim Dividend - Scrip

RNS Number : 7679G

Costain Group PLC

27 October 2008

 



COSTAIN GROUP PLC

('Costain')

2008 Interim Dividend - Scrip Alternative 

Costain announces that, following approval by shareholders at the Company's AGM on 8 May 2008 of the scrip dividend scheme, elections have been made by shareholders to receive 377,209 ordinary shares of 5p each in the Company ('Shares') in lieu of cash in respect of all or part of their interim dividend for the year ended 31 December 2008 ('Interim Dividend'), to be paid on 31 October 2008.

Application has therefore been made for the admission ('Admission') of 377,209 new Shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities. The new Shares will rank pari passu with the Company's existing issued Shares and dealings are expected to commence on Friday, 31 October 2008.

The resultant interests, upon Admission, of certain Directors who have elected to receive the Interim Dividend in the form of shares is set out below:

Director	Shares to be received under scrip dividend elections	Resultant interest in Shares (at Admission)	% of issued Shares (at Admission)
Andrew Wyllie	2,757	265,252	0.041
Michael Alexander	424	41,232	0.006

Upon Admission the total number of Shares in issue, and therefore the total number of voting shares, is 633,366,063 shares. There are no shares held in Treasury. The above figure may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules. 

27 October 2008

ENQUIRIES:
Costain Group PLC	Tel: [phone]
Clive Franks, Company Secretary
College Hill	Tel: [phone]
Mark Garraway
Adam Aljewicz

 

END

 

 

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