Last checked at 21 Aug 2015 15:21
PENNON GROUP PLC
FOR IMMEDIATE RELEASE
SCRIP DIVIDEND ALTERNATIVE - DOCUMENTS AVAILABLE FOR INSPECTION
Pennon Group Plc (the "Company") announces that the following documents have been submitted electronically to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
SCRIP DIVIDEND ALTERNATIVE BOOKLET - TERMS & CONDITIONS
CHAIRMAN'S EXPLANATORY LETTER
SCRIP DIVIDEND ALTERNATIVE FORM OF MANDATE APPLICATION FORM
The documents may also be viewed on the Company's website at
www.pennon-group.co.uk
SCRIP REFERENCE PRICE
The Scrip reference price for the fully paid Ordinary shares to be issued to shareholders electing to receive the Scrip Dividend Alternative for the final dividend for the year ending 31 March 2015, payable on 2 October 2015, will be 798.6p.
The Scrip reference price is calculated by taking the average of the middle market quotations for the Company's Ordinary shares for the day on which they are quoted ex-dividend and the four subsequent business days. In respect of the final dividend for the year ending 31 March 2015, this was the period 6 August 2015 to 12 August 2015.
The Scrip Dividend Alternative timetable for the final dividend for the year ending 31 March 2015 is as follows:
Ex-dividend date | 6 August 2015 |
Record date | 7 August 2015 |
Scrip reference price calculation period | 6 August 2015 to 12 August 2015.
|
Last date for receipt of Scrip elections | 14 September 2015 |
Dividend payment/Scrip issue date | 2 October 2015 |
21 August 2015
www.pennon-group.co.uk
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