C&C Group Regulatory News (CCR)

The issuer advises that the following replaces the Scrip Alternative announcement released at 7 November 2019 at 3.45 p.m under RNS Number: 7021S.

The applicable Euro/GBP exchange rate has been applied to the price of a New Share in respect of the Interim Dividend Scrip Alternative, compared to its previous application to the dividend amount. The New Share entitlement ratios have also been updated.

All other details remain unchanged.

The full amended text is shown below:

C&C Group plc

('C&C' or the 'Group')

Interim dividend for year ending 29 February 2020

Scrip Alternative

C&C Group plc announces that the price of a New Share in respect of the Interim Dividend Scrip Alternative for the financial year ending 29 February 2020 will be £3.839800 (equivalent to €4.4591601). As the cash dividend is 5.50 cent per share, the entitlement will be one New Share for every 101.344545 shares held where dividend withholding tax applies and one New Share for every 81.075636 shares held where dividend withholding tax does not apply. 

As previously announced by the Group on 24 October 2019, the timetable for the interim dividend payable in respect of the year ended 29 February 2020 is as follows:

1 The Euro to GBP exchange rate used to convert into Euro of €1.1613 = £1 is based on the market rate obtained on 7 November 2019.

Enquiries:

Mark Chilton

Company Secretary

Phone: +44 7720 505877

C&C Group plc