20 Sep 2018 14:52
20 September 2018
Inmarsat plc (the "Company")
Scrip Dividend Scheme for 2018 Interim Dividend
The Company offers shareholders the opportunity to receive new fully paid ordinary shares in the Company, instead of a cash dividend, by participating in the Company's Scrip Dividend Scheme (the "Scrip").
On 2 August 2018, the Company announced an interim dividend for the year ended 31 December 2018 of 8 cents (USD) per share for shareholders on the register on 14 September 2018. The scrip reference share price for those who are, or who will elect to become, participants in the Scrip in respect of the interim dividend is 495.04 pence.
The scrip reference share price is the average of the closing middle market quotation for ordinary shares, derived from the London Stock Exchange Daily Official List, for the five dealing days from and including 13 September 2018.
The payment of a cash dividend will be made in pounds sterling. Based on the exchange rate of $1.31365, the WMReuters GBP/USD 9am fix (London time) four business days prior to the date of announcement of the scrip reference share price, the sterling cash dividend is 6.089902 pence per ordinary share.
The deadline for applications under the Scrip in respect of the 2018 interim dividend is 17:00 hours (London time) on 28 September 2018.
The terms and conditions of the Scrip are available on the Company's website at www.inmarsat.com in the Investors' section. Further queries on the Scrip should be directed to the Company's Registrar, Equiniti, on 0371 384 2268 (from the UK) or +44 121 415 7173 (from outside the UK).
Alison Horrocks
Company Secretary