SCRIP Dividend Alternative

RNS Number : 7927W

Pennon Group PLC

21 August 2015

 

PENNON GROUP PLC

FOR IMMEDIATE RELEASE

SCRIP DIVIDEND ALTERNATIVE - DOCUMENTS AVAILABLE FOR INSPECTION

Pennon Group Plc (the "Company") announces that the following documents have been submitted electronically to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM

SCRIP DIVIDEND ALTERNATIVE BOOKLET - TERMS & CONDITIONS

CHAIRMAN'S EXPLANATORY LETTER

SCRIP DIVIDEND ALTERNATIVE FORM OF MANDATE APPLICATION FORM

The documents may also be viewed on the Company's website at

www.pennon-group.co.uk

SCRIP REFERENCE PRICE

The Scrip reference price for the fully paid Ordinary shares to be issued to shareholders electing to receive the Scrip Dividend Alternative for the final dividend for the year ending 31 March 2015, payable on 2 October 2015, will be 798.6p.

The Scrip reference price is calculated by taking the average of the middle market quotations for the Company's Ordinary shares for the day on which they are quoted ex-dividend and the four subsequent business days.  In respect of the final dividend for the year ending 31 March 2015, this was the period 6 August 2015 to 12 August 2015.

The Scrip Dividend Alternative timetable for the final dividend for the year ending 31 March 2015 is as follows:

Ex-dividend date	6 August 2015
Record date	7 August 2015
Scrip reference price calculation period	6 August 2015 to 12 August 2015.
Last date for receipt of Scrip elections	14 September 2015
Dividend payment/Scrip issue date	2 October 2015

21 August 2015

www.pennon-group.co.uk

End transmission

 

END

 

 

MSCPKDDBQBKDKFB