Operation of scrip dividend scheme

RNS Number : 0212A

Good Energy Group PLC

24 September 2015

 

24 September 2015

Good Energy Group PLC

("Good Energy" or "the Company")

Operation of scrip dividend scheme

As set out in the Company's interim results released this morning, the Board is pleased to announce an interim dividend of 1p per ordinary share for the period to 30 June 2015. The dividend is payable on 23 October 2015 to shareholders whose names are on the register at close of business on 2 October 2015. The shares will trade ex-dividend on 1 October 2015.  

The Directors have once again decided to offer shareholders the opportunity to elect to receive dividends in the form of new shares in the Company as an alternative to a cash dividend payment. 

Documentation setting out full details of the scrip dividend scheme will be sent to all shareholders today.

If shareholders wish to receive this dividend in the form of new shares in the Company, election forms need to be filed by 4pm on 12 October 2015.  If no action is taken, the dividend will be paid as cash.  The reference price of the scrip shares in respect of the dividend will be calculated and published on or around 7 October 2015.

The timetable for the operation of the Scrip dividend scheme in respect of the 2015 interim dividend is set out below.

2015 Interim Dividend Timetable

1 October                   Ex-dividend date

1 - 7 October             Scrip dividend calculation period

2 October                   Record date

12 October, 4pm        Final date and time for receipt of Mandate Forms

21 October                 Posting of dividend cheques and tax vouchers for cash dividend

22 October                 Issue and allotment of new shares for scrip dividend

22 October                 Issue of new share certificates for scrip dividend

23 October                 Cash dividend payment date

[Ends]

For further information, please contact:

Good Energy Group PLC Juliet Davenport, Chief Executive Denise Cockrem, Chief Financial Officer Tel. [phone] Arden Partners plc (Nominated Adviser and Broker) Steve Douglas, Michael McNeilly Tel: [phone] Camarco (Financial PR Adviser) Geoffrey Pelham-Lane, Georgia Mann Tel: [phone] Good Energy Press Office Gill Dickinson Tel: [phone]

Notes to editors

 - Good Energy is a fast-growing 100% renewable electricity supply and generation company, offering value for money and award-winning customer service. 

- An AIM-listed PLC, and founder member of the Social Stock Exchange, its mission is to support change in the energy market, address climate change and boost energy security. 

- Good Energy matches over the course of a year all the electricity its customers use with power from renewable sources. 

- The company has consistently performed well in the annual Which? energy company customer satisfaction survey, winning first or second place in each of the last four years, and topping two consecutive MoneySavingExpert consumer polls.

- It has more than 55,000 renewable electricity customers and 28,000 gas customers. It works with a community of 93,500 small and medium scale renewable electricity generators. (All figures as at 30 June 2015.)

- Good Energy is the owner of Delabole Wind Farm, the UK's first commercial wind farm, and owns and operates Hampole Wind Farm, near Doncaster. The company also owns and operates six solar farms.

- The Company has recently won the following: Business Green Awards - Company of the Year 2015; 2015 British Renewable Energy Association Leadership Award; and, for the second year running, Social Impact Company of the Year at the 2015 Small Cap Awards.

 

END

 

 

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