REG - Good Energy Group - Operation of scrip dividend scheme

Good EnergyAnnouncement

21/05/2024 07:00

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RNS Number : 1726P  Good Energy Group PLC  21 May 2024

21 May 2024

Good Energy Group PLC

("Good Energy" or the "Company")

Operation of scrip dividend scheme

The Board of Good Energy recommended a final dividend of 2.25p per ordinary
share for the financial period to 31 December 2023, as set out in the
Company's preliminary financial results on 26 March 2024.  The dividend is
payable on 11 July 2024 to shareholders whose names are on the register at
close of business on 7 June 2024. The shares will trade ex-dividend from 6
June 2024.

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://www.goodenergy.co.uk/investors/dividend-and-scrip-information/
(https://www.goodenergy.co.uk/investors/dividend-and-scrip-information/) .

To participate in the scrip dividend scheme for the 2023 final dividend,
shareholders who have not yet lodged election forms must do so by 5pm on 21
June 2024.  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 13 June 2024.

The timetable for the operation of the scrip dividend scheme in respect of the
2023 final dividend is set out below.

 21/05/2024               Announcement and posting of scrip dividend documentation
 06/06/2024               Ex-dividend
 06/06/2024 - 12/06/2024  Scrip dividend calculation period
 07/06/2024               Record date
 13/06/2024               Publication of scrip reference price
 21/06/2024 at 5pm        Final date and time for receipt of scrip election forms ("Return date")
 09/07/2024               Posting of dividend cheques and tax vouchers for cash dividend
 11/07/2024               Issue and allotment of new shares for scrip dividend and admission to trading
 11/07/2024               Issue and posting of new share certificates for scrip dividend
 11/07/2024               Cash dividend payment date

 

 

Enquiries

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

 Ian McKee, Head of Communications
 SEC Newgate UK                                          Email: GoodEnergy@secnewgate.co.uk (mailto:GoodEnergy@secnewgate.co.uk)
 Elisabeth Cowell / Molly Gretton                        Tel: +44 (0)7900 248213
 Investec Bank plc (Nominated Adviser and Joint Broker)
 Henry Reast / James Rudd                                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 2,000
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 green kite
accreditation with the London Stock Exchange, Which? Eco Provider status and
Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

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