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REG - Good Energy Group - Scrip Dividend Elections

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RNS Number : 7433S  Good Energy Group PLC  18 November 2021

Good Energy Group PLC

("Good Energy" or the "Company")

Scrip Dividend Elections

Good Energy announces that it has received elections to accept the scrip
dividend alternative from holders of 2,096,506 ordinary shares of 5p each
("Ordinary Shares") in relation to the interim dividend for the period to 30
June 2021. This accounts for 12.5% of the 16,717,449 Ordinary Shares in issue
on 22 October 2021 (the "Record Date").

4,641 new Ordinary Shares ("Scrip Dividend Shares") will be issued in
satisfaction of such elections at an equivalent price of 321p each.

The Scrip Dividend Shares will rank pari passu with the Company's existing
issued Ordinary Shares. Dealings in the Scrip Dividend Shares are expected to
commence on or around 29 November 2021. 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 16,783,914 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.

 

 

Enquiries

 

 Good Energy Group PLC                                   Email: press@goodenergy.co.uk (mailto:press@goodenergy.co.uk)

 Nigel Pocklington, Chief Executive

 Charlie Parry, Head of Investor Relations & CoSec

 Luke Bigwood, Head of Communications

 Investec Bank plc (Nominated Adviser and Joint Broker)
 Sara Hale / Jeremy Ellis                                Tel: +44 (0) 20 7597 5970

 Canaccord Genuity Limited (Joint Broker)

 Henry Fitzgerald - O'Connor                             Tel: +44 (0) 20 7523 4617

 

 

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

Good Energy is a generator and supplier of 100% renewable power and an
innovator in energy services. It currently owns two wind farms, six solar
farms and sources electricity from a community of 1,600 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
support UK households and businesses to generate, store and share clean power.

 

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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