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REG - Good Energy Group - Operation of scrip dividend scheme

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RNS Number : 1896A  Good Energy Group PLC  22 September 2022

Good Energy Group PLC

("Good Energy" or the "Company")

 

Operation of scrip dividend scheme

 

The Board of Good Energy recommended an interim dividend of 0.75p per ordinary
share for the period to 30 June 2022, as set out in the Company's interim
results on 20 September 2022.  The dividend is payable on 10 November 2022 to
shareholders whose names are on the register at close of business on 30
September 2022.  The shares will trade ex-dividend from 29 September 2022.

The Board has 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 has been
sent to all shareholders today and can be viewed on the website at
https://group.goodenergy.co.uk/investor-centre/dividend-and-scrip-information
(https://group.goodenergy.co.uk/investor-centre/dividend-and-scrip-information)
.

To participate in the scrip dividend scheme for the 2022 interim dividend,
shareholders who have not yet lodged election forms must do so by 5pm on 18
October 2022.  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 10 October 2022.

The timetable for the operation of the scrip dividend scheme in respect of the
2022 interim dividend is set out below.

 22 September 2022                    Announcement and posting of scrip dividend documentation
 29 September 2022                    Ex-dividend
 29 September 2022 - 05 October 2022  Scrip dividend calculation period
 30 September 2022                    Record date
 10 October 2022                      Publication of scrip reference price
 18 October 2022 at 5pm               Final date and time for receipt of scrip election forms
 08 November 2022                     Posting of dividend cheques and tax vouchers for cash dividend
 10 November 2022                     Issue and allotment of new shares for scrip dividend and admission to trading
 10 November 2022                     Issue and posting of new share certificates for scrip dividend
 10 November 2022                     Cash dividend payment date

 

 

Enquiries

 Good Energy Group PLC
 Nigel Pocklington, Chief Executive                                       Email: press@goodenergy.co.uk (mailto:press@goodenergy.co.uk)

 Charlie Parry, Director of Corporate Strategy & Investor Relations

 Luke Bigwood, Director of External Affairs
 SEC Newgate UK (Financial PR)
 Elisabeth Cowell / Molly Gretton                                         Email: GoodEnergy@secnewgate.co.uk (mailto:GoodEnergy@secnewgate.co.uk)
                                                                          Tel: +44 (0)7900 248213
 Investec Bank plc (Nominated Adviser and Joint Broker)
 Jeremy Ellis / Henry Reast                                               Tel: +44 (0) 20 7597 5970
 Canaccord Genuity Limited (Joint Broker)
 Henry Fitzgerald - O'Connor / Harry Rees                                 Tel: +44 (0) 20 7523 4617

 

About Good Energy www.goodenergy.co.uk (http://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 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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