Last checked at 3 May 2018 13:37
3 May 2018
LEI Number: 549300KDR56WHY9I3D10
The Weir Group PLC Scrip Dividend Scheme - Scrip Reference Share Price
On 28 February 2018, The Weir Group PLC (the "Company") announced its results for the period ended 31 December 2017 and declared a Final dividend of 29.0p (the "2017 Final 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 Final Dividend, payable on 4 June 2018, will be 2,161.8p 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 26 April 2018, 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 23 May 2018. The timetable for the 2017 Final Dividend is as follows:
DATE | EVENT |
26 April 2018 | Ex-dividend date. |
27 April 2018 | Dividend Record Date. |
26 April 2018 - 2 May 2018 | Scrip Reference Share Price Calculation Period. |
23 May 2018 | Final day to elect to participate in the Scrip Scheme. |
4 June 2018 | Final Dividend Payment Date.
|
Defined terms used in this announcement have the same meaning as in the Scrip Scheme terms and conditions.
Graham Vanhegan
Company Secretary
Telephone: 0141 308 3771