19 Jan 2017 15:26
Urban&Civic plc
The Board of Urban&Civic plc ('the Company') confirms that 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 ended 30 September 2016, payable on 24 February 2017, will be 210 pence per share.
The scrip reference price has been calculated by taking the average mid-market closing price of the Company's shares over the five business days commencing on the ex-dividend date. In respect of the final dividend for the year ended 30 September 2016, this was the period 12 to 18 January 2017 inclusive.
The exact number of shares required to be issued will be established after 27 January 2017, the final date for receipt of elections to participate in the scrip dividend scheme.
Shareholders who wish to elect to participate in the scrip dividend scheme, should contact Share Registrars at The Courtyard, 17 West Street, Farnham, Surrey GU9 7DR or by telephone on 01252 821390. Alternatively you may email Share Registrars at enquiries@shareregistrars.uk.com
Shareholders who hold their shares in CREST and wish to elect to participate must do so by means of CREST procedures.
Further details on the scrip dividend are on the Company's website www.urbanandcivic.com
The scrip dividend timetable for the final dividend for the year ended 30 September 2016 is:
Ex-dividend date | 12 January 2017 |
Record date | 13 January 2017 |
Scrip reference price calculation period | 12 to 18 January 2017 |
Last date for receipt of scrip elections | 27 January 2017 |
Dividend payment/scrip issue date | 24 February 2017 |
Urban&Civic plc
Heather Williams 020 7509 5555