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DJ Good Energy Group PLC Operation of scrip dividend scheme

TIDMGOOD

RNS Number : 8041L

Good Energy Group PLC

10 September 2019

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 1.1p per ordinary share for the period to 30 June 2019, as set out in the Company's interim results released this morning. The dividend is payable on 31 October 2019 to shareholders whose names are on the register at close of business on 20 September 2019. The shares will trade ex-dividend from 19 September 2019.

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 10 September 2019.

To participate in the scrip dividend scheme for the 2019 interim dividend, shareholders who have not yet lodged election forms must do so by 4pm on 4 October 2019. 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 26 September 2018.

The timetable for the operation of the scrip dividend scheme in respect of the 2019 interim dividend is set out below.

 
Date                    Item 
10 September 2019       Announcement 
19 September 2019       Ex-Dividend date 
19 - 25 September 2019  Scrip dividend calculation period 
20 September 2019       Record date 
26 September 2019       Publication of Scrip reference price 
4 October 2019, 4pm     Final date and time for receipt of mandate 
                         forms 
29 October 2019         Posting of dividend cheques and tax vouchers 
                         for cash dividend 
31 October 2019         Issue and allotment of new shares for scrip 
                         dividend 
31 October 2019         Cash dividend payment date 
 

Enquiries:

 
 Good Energy Group PLC                Tel: +44 (0)1249 766775 
  Juliet Davenport, Chief Executive 
  Charles Parry, Investor Relations 
 Investec Bank plc (Nominated         Tel: +44 (0) 20 7597 5970 
  Adviser) 
  Jeremy Ellis 
  Sara Hale 
 Walbrook (Financial PR)              Tel: +44 (0) 20 7933 8794 
  Paul Cornelius 
  Nick Rome 
 

Notes to editors:

About Good Energy www.goodenergy.co.uk

Good Energy was founded in 1999 by Juliet Davenport OBE with the ambition to tackle climate change by generating and investing in renewable energy. Its purpose is to power the choice of a cleaner, greener future together with its customers, employees and investors.

Since it started, the company has been supplying clean power, sourced from its own generation assets as well as from independent, UK-based renewable generators. Good Energy also pioneered a more localised approach to energy by supporting home generation, launching the HomeGen scheme in 2004, which became the blueprint for the Feed-in Tariff.

Today, it continues to support and invest in localised energy generation, as the only UK energy company with more home-generation customers than supply. From using digital innovation to help UK households and businesses manage their energy usage more efficiently, to empowering more people to generate, store and share clean power, it is leading the charge towards a cleaner, distributed energy system.

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.

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September 10, 2019 04:00 ET (08:00 GMT)