Interim Dividend Scrip Alternative

RNS Number : 2877P

Costain Group PLC

23 October 2012

 



COSTAIN GROUP PLC

("Costain")

2012 Interim Dividend - Scrip Alternative

Costain announces that, following approval by shareholders at the Company's 2008 AGM of the scrip dividend scheme, elections have been made by shareholders to receive           65,681 ordinary shares of 50p each in the Company ("Shares") in lieu of cash in respect of all or part of their interim dividend for the year ending 31 December 2012 ("Interim Dividend"), which is to be paid on 26 October 2012.

Application has therefore been made for the admission ("Admission") of 65,681 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 26 October 2012.

The resultant interest, upon Admission, of the Director who has elected to receive the Interim Dividend in the form of shares is set out below:

Director Michael Alexander

Shares to be received under scrip dividend election 144

Resultant interest in Shares (at Admission) 18,248

% of issued Shares (at Admission) 0.027%

                                                                                                                  23 October 2012

ENQUIRIES:
Costain Group PLC	Tel: [phone]
Paul Starkey, Joint Company Secretary
College Hill	Tel: [phone]
Mark Garraway
Helen Tarbet

 

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