REG - Pennon Group PLC - Scrip Dividend Alternative - Documents Available <Origin Href="QuoteRef">PNN.L</Origin>

PennonAnnouncement

16/02/2015 17:20

RNS Number : 0546F
Pennon Group PLC
16 February 2015
PENNON GROUP PLC
FOR IMMEDIATE RELEASE
SCRIP DIVIDEND ALTERNATIVE - DOCUMENTS AVAILABLE FOR INSPECTION
Pennon Group Plc (the "Company") announces that the following documents have been submitted electronically to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
SCRIP DIVIDEND ALTERNATIVE BOOKLET - TERMS & CONDITIONS
CHAIRMAN'S EXPLANATORY LETTER
SCRIP DIVIDEND ALTERNATIVE FORM OF MANDATE APPLICATION FORM
The documents may also be viewed on the Company's website at 
www.pennon-group.co.uk
SCRIP REFERENCE PRICE
The Scrip reference price for the fully paid Ordinary shares to be issued to shareholders electing to receive the Scrip Dividend Alternative for the interim dividend for the year ending 31 March 2015, payable on 2 April 2015, will be 876.4p.
The Scrip reference price is calculated by taking the average of the middle market quotations for the Company's Ordinary shares for the day on which they are quoted ex-dividend and the four subsequent business days. In respect of the interim dividend for the year ending 31 March 2015, this was the period 29 January 2015 to 4 February 2015. 
The Scrip Dividend Alternative timetable for the interim dividend for the year ending 31 March 2015 is as follows:
Ex-dividend date
29 January 2015
Record date
30 January 2015 
Scrip reference price calculation period
29 January 2015 to 4 February 2015 
Last date for receipt of Scrip elections
9 March 2015 
Dividend payment/Scrip issue date
2 April 2015 
16 February 2015 
www.pennon-group.co.uk
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