RNS Number : 0831F

Good Energy Group PLC

05 July 2023

05 July 2023

Good Energy Group PLC

("Good Energy" or the "Company")

Scrip Dividend Elections

Good Energy announces that it has received elections to accept a scrip dividend alternative from the holders of 2,021,932 ordinary shares of 5p each ("Ordinary Shares") in relation to the final dividend for the period to 30 June 2023. This accounts for 11.9% of the 16,860,099 Ordinary Shares in issue on 09 June 2023 (the "Record Date").

Pursuant to the Company's existing authorities, 21,903 new Ordinary Shares ("Scrip Dividend Shares") will be issued in satisfaction of such elections at an equivalent price of 185.4p each.

The Scrip Dividend Shares will rank pari passu with the Company's existing issued Ordinary Shares. An application has been made to AIM to admit the Scrip Dividend Shares. Dealings in the Scrip Dividend Shares are expected to commence on or around 13 July 2023. 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 16,882,002 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.


 Good Energy Group PLC 
 Nigel Pocklington, Chief Executive      Email: press@goodenergy.co.uk 
  Charlie Parry, Director of Corporate 
  Strategy & Investor Relations 
  Ian McKee, Head of Communications 
 SEC Newgate UK                          Email: GoodEnergy@secnewgate.co.uk 
 Elisabeth Cowell / Molly Gretton        Tel: +44 (0)7900 248213 
 Investec Bank plc (Nominated Adviser 
  and Joint Broker) 
 Henry Reast / James Rudd / Maria        Tel: +44 (0) 20 7597 5970 
  Gomez de Olea 
 Canaccord Genuity Limited (Joint 
 Henry Fitzgerald - O'Connor /            Tel: +44 (0) 20 7523 4617 
  Harry Rees 
   About Good Energy   www.goodenergy.co.uk 

Good Energy is a supplier of 100% renewable power and an innovator in energy services. It has long term power purchase agreements with a community of 1,700 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 power a cleaner, greener world and make it simple to generate, share, store, use and travel by clean power. Its ambition is to support one million homes and businesses to cut carbon from their energy and transport used by 2025.

Good Energy is recognised as a leader in this market, through green kite accreditation with the London Stock Exchange, Which? Eco Provider status and Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

July 05, 2023 07:41 ET (11:41 GMT)

Good Energy (LSE:GOOD)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Good Energy Charts.
Good Energy (LSE:GOOD)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Good Energy Charts.