REG - Good Energy Group - Scrip Dividend Elections

Good EnergyAnnouncement

26/10/2022 11:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221026:nRSZ1905Ea&default-theme=true

RNS Number : 1905E  Good Energy Group PLC  26 October 2022

Good Energy Group PLC

("Good Energy" or the "Company")

Scrip Dividend Elections

Good Energy announces that it has received elections to accept a scrip
dividend alternative from the holders of 2,026,522 ordinary shares of 5p each
("Ordinary Shares") in relation to the interim dividend for the period to 30
June 2022.  This accounts for 12.0% of the 16,853,348 Ordinary Shares in
issue on 30 September 2022 (the "Record Date").

Pursuant to the Company's existing authorities, 6,751 new Ordinary Shares
("Scrip Dividend Shares") will be issued in satisfaction of such elections at
an equivalent price of 229p each.

The Scrip Dividend Shares will rank pari passu with the Company's existing
issued Ordinary Shares.  An application has been made to AIM to admit the
Scrip Dividend Shares. Dealings in the Scrip Dividend Shares are expected to
commence on or around 10 November 2022.  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 16,860,099 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
 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                                                         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.

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVUNRRRUUURUAA