Last checked at 28 Sep 2017 15:48
28 September 2017
The Weir Group PLC Scrip Dividend Scheme - Scrip Reference Share Price
On 27 July 2017, The Weir Group PLC (the "Company") announced its results for the period ended 30 June 2017 and declared an interim dividend of 15.0p (the "2017 Interim Dividend").
The Company confirms that the Scrip Reference Share Price for the fully paid ordinary shares to be issued to shareholders electing to receive the Scrip Dividend for the 2017 Interim Dividend, payable on 3 November 2017, will be 1869.4p per share.
This figure is equal to the average of the closing middle market quotations derived from the Daily Official List of the London Stock Exchange for the five dealing days commencing on 21 September 2017, being the day on which the Company's ordinary shares were first quoted "ex dividend".
A letter summarising how Shareholders can participate in the Scrip Scheme, together with the terms and conditions are available on the Company's website at www.investors.weir.
The deadline by which Shareholders can elect to participate in the Scrip Scheme is 20 October 2017. The timetable for the 2017 Interim Dividend is as follows:
DATE | EVENT |
21 September 2017 | Ex-dividend date. |
22 September 2017 | Dividend Record Date. |
21 - 27 September 2017 | Scrip Reference Share Price Calculation Period. |
20 October 2017 | Final day to elect to participate in the Scrip Scheme. |
3 November 2017 | Dividend Payment Date.
|
Defined terms used in this announcement have the same meaning as in the Scrip Scheme terms and conditions.
Christopher Morgan
Company Secretary