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REG - Costain Group PLC - 2014 Interim Dividend - Scrip Alternative <Origin Href="QuoteRef">COSG.L</Origin>

RNS Number : 8038U
Costain Group PLC
21 October 2014

COSTAIN GROUP PLC

("Costain")

2014 Interim Dividend - Scrip Alternative

Costain announces that, following approval by shareholders at the Company's 2013 Annual General Meeting of the renewal of the scrip dividend scheme, elections have been made by shareholders to receive 73,270 ordinary shares of 50p each in the Company ("Shares") in lieu of cash in respect of all or part of their interim dividend for the year ending 31 December 2014 ("Interim Dividend"), which is to be paid on Friday 24 October 2014.

Application has therefore been made for the admission ("Admission") of 73,270 new Shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities. The new Shares will rank pari passu with the Company's existing issued Shares and dealings are expected to commence on Friday 24 October 2014.

The resultant interest, upon Admission, of the Director who has elected to receive part of the Interim Dividend in the form of Shares is set out below:

Director

Jane Lodge

Shares to be received under scrip dividend election

40*

Resultant interest in Shares (at Admission)

25,809

% of issued Shares (at Admission)

0.025%

* held by a connected person

21 October 2014

ENQUIRIES:

Costain Group PLC

Tel: 01628 842444

Tracey Wood, Company Secretary

Instinctif Partners

Tel: 020 7457 2020

Mark Garraway

Helen Tarbet


This information is provided by RNS
The company news service from the London Stock Exchange
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