TIDMOPG

RNS Number : 1069V

OPG Power Ventures plc

25 January 2017

OPG Power Ventures Plc

("OPG" or "the Company")

Result of Extraordinary General Meeting

OPG Power Ventures PLC, the developer and operator of power plants in India, announces that its Extraordinary General Meeting of Shareholders was conducted today.

The resolution to authorise payment of a scrip dividend was proposed to the meeting and duly passed.

The timetable for the key dates is set out below:

 
 01/02/2017   Deadline for scrip election 
              Dividend pay date, CREST PAY instruction 
 16/02/2017    and despatch of scrip documents 
 

For further information, please visit www.opgpower.com or contact:

 
 OPG Power Ventures PLC 
  Arvind Gupta / V Narayan            +91 (0) 44 429 
  Swami                                        11211 
 
 OPG - Investor Relations            +44 (0) 20 7850 
  Ajay Paliwal / Pooja Maru                     7070 
 Cenkos Securities (Nominated 
  Adviser & Broker)                  +44 (0) 20 7397 
  Stephen Keys / Camilla Hume                   8900 
 Macquarie Capital (Europe) 
  Limited (Joint Broker)             +44 (0) 20 3037 
  Raj Khatri / Nick Stamp                       2000 
 
 Tavistock (Financial PR)            +44 (0) 20 7920 
  Simon Hudson / James Collins                  3150 
 

OPG operates and develops power generation related assets in India and at 30th September 2016 had 750 MW of assets with a further 186 MW under development or in pipeline. In the six months ended 30th September 2016, according to its unaudited results for the period, the Company generated revenues of GBP118 million, EBITDA of GBP41 million, profit before tax of GBP18 million and earnings per share of 4.80 pence.

-ends-

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

January 25, 2017 08:09 ET (13:09 GMT)

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