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 2017, as set out in the Company’s interim results released this morning. The dividend is payable on 2 November 2017 to shareholders whose names are on the register at close of business on 22 September 2017. The shares will trade ex-dividend from 21 September 2017.

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 15 September 2017.

To participate in the scrip dividend scheme for the 2017 interim dividend, shareholders who have not yet lodged election forms must do so by 5pm on 5 October 2017. 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 28 September 2017.

The timetable for the operation of the scrip dividend scheme in respect of the 2017 interim dividend is set out below.

Date

Item

12 September 2017

Announcement

21 September 2017

Ex-Dividend date

21 – 27 September 2017

Scrip dividend calculation period

22 September 2017

Record date

28 September 2017

Publication of Scrip reference price

5 October 2017, 5pm

Final date and time for receipt of mandate forms

31 October 2017

Posting of dividend cheques and tax vouchers for cash dividend

2 November 2017

Issue and allotment of new shares for scrip dividend

2 November 2017

Issue and posting of new share certificates for scrip dividend

2 November 2017

Cash dividend payment date

 

Enquiries:

Good Energy Group PLC

+44 (0) 1249 766 795

Juliet Davenport, Chief Executive Officer

Denise Cockrem, Chief Financial Officer

Stephen Rosser, Company Secretary

 

Investec Bank plc

+44 (0) 207 597 4000

Jeremy Ellis

Sara Hale

 

Smithfield Consultants

+44 (0) 20 3047 2476

Alex Simmons