Last checked at 18 Jun 2020 17:30
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Vistry Group (UK): Conversion of Cash Dividend to Stock Dividend
Informative Notice - Update
18 June 2020
Further to the FTSE Russell notice on 20 May 2020 and following the latest announcement by Vistry Group (UK, 0185929, FTSE 250, GEIS Small Cap) in relation to the conversion of the cash dividend of GBP 0.41 (marked Ex Dividend on 24 December 2019) to a stock dividend, FTSE Russell notes that the company has now published an indicative timetable, including the admission date of the new shares pursuant to the dividend, and the expected pay date. In addition, the company also states that the distribution is subject to shareholder approval at the General Meeting on 14 July 2020.
As such, FTSE Russell are proposing to implement the shares in issue increase, with two days' notice, once shareholder approval has been obtained.
FTSE Russell will issue further notices confirming index changes in due course. |
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