16 Jun 2016 13:53
16 June 2016
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 interim dividend for the year ended 30 September 2016, payable on 22 July 2016, will be 246.35 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 interim dividend for the year ended 30 September 2016, this was the period 9 to 15 June 2016 inclusive.
The exact number of shares which will require to be issued will be established after 24 June 2016, 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 the Share Registrars at Suite E, First Floor, 9 Lion & Lamb Yard, Farnham, Surrey GU9 7LL or by telephoning 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 script dividend are set out in the Company's AGM notice dated 5 January 2016.
The Scrip dividend timetable for the interim dividend for the year ended 30 September 2016 is:
Ex-dividend date | 9 June 2016 |
Record date | 10 June 2016 |
Scrip reference price calculation period | 9 June to 15 June 2016
|
Last date for receipt of Scrip elections | 24 June 2016 |
Dividend payment/Scrip issue date | 22 July 2016 |
Urban&Civic plc
Heather Williams 020 7509 5555