Last checked at 21 May 2024 07:00
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/.
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 Ian McKee, Head of Communications | Email: press@goodenergy.co.uk |
SEC Newgate UK | Email: 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
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.