Operation of scrip dividend scheme

RNS Number : 4628A

Good Energy Group PLC

11 September 2018

 

Good Energy Group PLC

("Good Energy" or the "Company")

Operation of scrip dividend scheme

The Board of Good Energy Group PLC is pleased to announce an interim dividend of 1p per ordinary share for the period to 30 June 2018, as set out in the Company's interim results released this morning. The dividend is payable on 2 November 2018 to shareholders whose names are on the register at close of business on 21 September 2018. The shares will trade ex‐dividend from 20 September 2018.

The Directors have decided to continue to offer shareholders the opportunity 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 on or around 11 September 2018.

To participate in the scrip dividend scheme for the 2018 interim dividend, shareholders who have not yet lodged election forms must do so by 5pm on 5 October 2018. Shareholders need not take any further action if they have already elected to participate in the scrip dividend scheme or receive their dividend in cash and would like to continue to do so.

The reference price of the scrip shares in respect of the dividend will be calculated and published on or around 27 September 2017.

The timetable for the operation of the scrip dividend scheme in respect of the 2018 interim dividend is set out below.

Date	Item
11 September 2018	Announcement
20 September 2018	Ex‐Dividend date
20 ‐ 26 September 2018	Scrip dividend calculation period
21 September 2018	Record date
27 September 2018	Publication of Scrip reference price
5 October 2018, 5pm	Final date and time for receipt of mandate forms
31 October 2018	Posting of dividend cheques and tax vouchers for cash dividend
2 November 2018	Issue and allotment of new shares for scrip dividend
2 November 2018	Issue and posting of new share certificates for scrip dividend
2 November 2018	Cash dividend payment date

Ends

Enquiries:

Good Energy Group PLC

Juliet Davenport, Chief Executive Tel: [phone] Charles Parry, Investor Relations

Investec Bank plc (Nominated Adviser) Jeremy Ellis Tel: [phone] Sara Hale

Alexander Ruffman

Smithfield (Financial PR)

Alex Simmons Tel: [phone]

Notes to editors:

·     Good Energy is a pioneering clean energy company, powering the choice of a cleaner, greener future together with its people, customers and shareholders. Having led the way in renewable energy development since 1999 in areas including small and larger scale wind turbines, solar panels, biogen and hydro, and now in technologies like battery storage and electric vehicles, Good Energy is making it easier for people and businesses to make renewable energy part of their lives.

·     Good Energy powers homes and businesses with 100% renewable electricity from a community of over 1,400 UK generators and owns and operate two wind farms, including the UK's first commercial wind farm, and six solar farms. In addition, Good Energy offers a green gas product which contains 6% biomethane ‐ gas produced here in the UK from food waste. To make it completely carbon neutral, emissions from the rest of the gas its customers use is balanced through supporting verified carbon‐reduction schemes in Malawi, Vietnam and Nepal.

•           Established to tackle climate change and help deliver energy security for the UK.

•           Founded in 1999 by Juliet Davenport OBE.

•           A British company based in Chippenham, Wiltshire.

•           Good Energy's electricity comes from local, natural sources like sunshine, wind and rain.

•           In 2017 Good Energy's generation output was 87.6GWh (2016: 80.7GWh).

•           As at 30 December 2017, Good Energy had over 250,000 domestic and business customers.

Twitter: twitter.com/goodenergy Facebook: facebook.com/goodenergy.co.uk Instagram: Instagram.com/GoodEnergy Website: https://group.goodenergy.co.uk/

 

END

 

 

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