Good Energy Group PLC Operation of scrip dividend scheme (4689Q)
12 September 2017 - 5:30PM
UK Regulatory
TIDMGOOD
RNS Number : 4689Q
Good Energy Group PLC
12 September 2017
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
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
Notes to editors:
-- Good Energy is a fast-growing green energy company,
generating and selling 100% renewable electricity and green gas to
households and businesses across the UK.
-- An AIM-listed PLC, and founding member of the Social Stock
Exchange, Good Energy's purpose is to support change in the energy
market, address climate change and boost energy security.
-- The Company has been awarded 4 out of 5 stars by Which? for
customer service in 2016 and 2017 (no energy supplier was awarded 5
stars), and has been awarded a Best Buy by Ethical Consumer
magazine.
-- As at 31 December 2016, Good Energy had over 71,400 renewable
electricity customers and 44,100 carbon neutral gas customers. It
also provides Feed-in Tariff administration services to over
133,000 sites, bringing the total number of customers to
248,500.
-- Good Energy is the owner of Delabole Wind Farm, the UK's
first commercial onshore wind farm and owns and operates Hampole
Wind Farm, near Doncaster. The Company also owns and operates seven
solar farms
-- Good Energy received an average customer advocacy of 45. A
net promoter score is an index ranging from -100 to 100 that
measures the willingness of customers to recommend a company's
products or services to others. It is used as a proxy for gauging
the customer's overall satisfaction with a company's product or
service and the customer's loyalty to the brand.
-- Good Energy has won a number of awards, including Renewable
Energy Association Company of the Year Award 2016, Business Green
Company of the Year 2015, and was named Social Impact Company of
the Year at the 2014 and 2015 Small Cap awards.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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