30 Mar 2017 12:30
30 March 2017
SEGRO plc (the Company) Scrip Dividend Scheme - Scrip Calculation Price
The Board has recommended a Final Dividend of 11.2 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 456.16 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 23 March 2017.
The application deadline for applying for the Scrip Dividend Scheme is 5.00 pm (London time) on 10 April 2017.
A timetable of key events is provided below.
Ex-dividend date
| 23 March 2017 |
Scrip Calculation Price determined
| 23 March 2017 to 29 March 2017 (inclusive) |
Record Date
| 24 March 2017 |
Scrip Calculation Price announced
| 30 March 2017 |
Mandate delivery deadline
| 5.00 pm on 10 April 2017 |
Annual General Meeting
| 20 April 2017 |
2016 Final Dividend Payment Date
| 4 May 2017 |
Expected Date of admission and first day of dealings in New Ordinary Shares on the London Stock Exchange | 4 May 2017 |
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)