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16 Nov 2017 07:00
16 November 2017
OPG Power Ventures plc
("OPG", the "Group" or the "Company")
Scrip Dividend Reference Price
OPG (AIM: OPG), the developer and operator of power generation plants in India, announces that the scrip dividend reference price for the ordinary shares to be issued to shareholders electing to receive the scrip dividend alternative for the Company's final dividend of 0.72p per share will be 26.023p per share.
The scrip reference price was calculated as the average of the Company's closing middle market price, as derived from the London Stock Exchange's Daily Official List, for the five consecutive business days commencing on the ex-dividend date, being 9 November 2017.
The final date for receipt of scrip dividend election forms and CREST dividend election input messages is 1 December 2017.
A timetable for the key dates is set out below:
17-Nov-2017 | Despatch of scrip election form |
01-Dec-2017 | Deadline for scrip election |
22-Dec-2017 | Dividend pay date, CREST PAY instruction and despatch of scrip documents |
For further information, please visit www.opgpower.com or contact:
OPG Power Ventures PLC Arvind Gupta / Dmitri Tsvetkov |
+91 (0) 44 429 11211 |
Cenkos Securities (Nominated Adviser & Broker) Stephen Keys / Camilla Hume |
+44 (0) 20 7397 8900 |
Macquarie Capital (Europe) Limited (Joint Broker) Raj Khatri / Nick Stamp |
+44 (0) 20 3037 2000 |
Tavistock (Financial PR) Simon Hudson / Barney Hayward / James Collins |
+44 (0) 20 7920 3150 |
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