TIDMGOOD

RNS Number : 7433S

Good Energy Group PLC

18 November 2021

Good Energy Group PLC

("Good Energy" or the "Company")

Scrip Dividend Elections

Good Energy announces that it has received elections to accept the scrip dividend alternative from holders of 2,096,506 ordinary shares of 5p each ("Ordinary Shares") in relation to the interim dividend for the period to 30 June 2021. This accounts for 12.5% of the 16,717,449 Ordinary Shares in issue on 22 October 2021 (the "Record Date").

4,641 new Ordinary Shares ("Scrip Dividend Shares") will be issued in satisfaction of such elections at an equivalent price of 321p each.

The Scrip Dividend Shares will rank pari passu with the Company's existing issued Ordinary Shares. Dealings in the Scrip Dividend Shares are expected to commence on or around 29 November 2021. Share certificates and scrip dividend vouchers for the Scrip Dividend Shares will be posted on the same date.

Following the admission of the Scrip Dividend Shares, the enlarged issued share capital of Good Energy will consist of 16,783,914 Ordinary Shares. There are no shares held in Treasury. This is, therefore, the figure to be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest, or a change to their interest, in Good Energy.

Enquiries

 
   Good Energy Group PLC 
    Nigel Pocklington, Chief Executive 
    Charlie Parry, Head of Investor Relations 
    & CoSec 
    Luke Bigwood, Head of Communications          Email: press@goodenergy.co.uk 
 
 
   Investec Bank plc (Nominated Adviser 
    and Joint Broker) 
   Sara Hale / Jeremy Ellis                       Tel: +44 (0) 20 7597 5970 
 
   Canaccord Genuity Limited (Joint Broker) 
    Henry Fitzgerald - O'Connor                    Tel: +44 (0) 20 7523 4617

About Good Energy www.goodenergy.co.uk

Good Energy is a generator and supplier of 100% renewable power and an innovator in energy services. It currently owns two wind farms, six solar farms and sources electricity from a community of 1,600 independent UK generators.

Since it was founded 20 years ago, the company has been at the forefront of the charge towards a cleaner, distributed energy system. Its mission is to support UK households and businesses to generate, store and share clean power.

Good Energy is recognised as a leader in this market, through our green kite accreditation with the London Stock Exchange and as the only energy supplier with Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

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END

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