4 Apr 2016 14:30
4 April 2016
SEGRO plc (the Company) Scrip Dividend Scheme - Scrip Calculation Price
The Board has recommended a Final Dividend of 10.6 pence per share (to be paid entirely as a Property Income Distribution) to shareholders and the Scrip Dividend Scheme will be offered in respect of this payment.
The Scrip Calculation Price which will be used in determining the number of New Ordinary Shares is 407.28 pence. It has been determined by the average of the closing middle market quotations of the Company's ordinary shares as derived from the London Stock Exchange Daily Official List over the five dealing days commencing on and including the ex-dividend date of 24 March 2016.
The application deadline for applying for the Scrip Dividend Scheme is 5.00 pm (London time) on 13 April 2016.
A timetable of key events is provided below.
Ex-dividend date
| 24 March 2016 |
Scrip Calculation Price determined
| 24 March 2016 to 1 April 2016 (inclusive) |
Record Date
| 29 March 2016 |
Scrip Calculation Price announced
| 4 April 2016 |
Mandate delivery deadline
| 5.00 pm on 13 April 2016 |
Annual General Meeting
| 22 April 2016 |
2015 Final Dividend Payment Date
| 5 May 2016 |
Expected Date of admission and first day of dealings in New Ordinary Shares on the London Stock Exchange | 5 May 2016 |
The Scrip Dividend Scheme Booklet is available from www.segro.com.
Further queries on the Scrip Dividend Scheme should be directed to the Company's Registrar, Equiniti on 0371 384 2186 (in the UK) or +44 (0) 121 415 0141 (outside the UK).
Stephanie Murton
Legal Counsel
020 7451 9083
Segro (SGRO)