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PNN Pennon Group Plc

637.00
-9.50 (-1.47%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pennon Group Plc LSE:PNN London Ordinary Share GB00BNNTLN49 ORD 61 1/20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -9.50 -1.47% 637.00 635.50 636.50 653.00 629.50 638.50 1,856,422 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Sewerage Systems 797.2M 100k 0.0004 15,887.50 1.66B

Pennon Group PLC SCRIP DIVIDEND ALTERNATIVE - DOCUMENTS AVAILABLE (3710X)

20/02/2017 5:31pm

UK Regulatory


Pennon (LSE:PNN)
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RNS Number : 3710X

Pennon Group PLC

20 February 2017

PENNON GROUP PLC

FOR IMMEDIATE RELEASE

SCRIP DIVIDEND ALTERNATIVE - DOCUMENTS AVAILABLE FOR INSPECTION

Pennon Group Plc (the "Company") announces that the following documents have been submitted electronically to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM

SCRIP DIVIDEND ALTERNATIVE BOOKLET - TERMS & CONDITIONS

CHAIRMAN'S EXPLANATORY LETTER

SCRIP DIVIDEND ALTERNATIVE FORM OF MANDATE APPLICATION FORM

The documents may also be viewed on the Company's website at

www.pennon-group.co.uk

SCRIP REFERENCE PRICE

The scrip reference price for the fully paid ordinary shares to be issued to shareholders electing to receive the scrip dividend alternative for the interim dividend for the year ending 31 March 2017, payable on 4 April 2017, will be 792.9p.

The scrip reference price is calculated by taking the average of the middle market quotations for the Company's ordinary shares for the day on which they are quoted ex-dividend and the four subsequent business days. In respect of the interim dividend for the year ending 31 March 2017, this was the period 2 February 2017 to 8 February 2017.

The scrip dividend alternative timetable for the interim dividend for the year ending 31 March 2017 is as follows:

 
 Ex-dividend date         2 February 2017 
-----------------------  ------------------- 
 Record date              3 February 2017 
-----------------------  ------------------- 
 Scrip reference price    2 February 2017 to 
  calculation period       8 February 2017. 
-----------------------  ------------------- 
 Last date for receipt    13 March 2017 
  of scrip elections 
-----------------------  ------------------- 
 Dividend payment/Scrip   4 April 2017 
  issue date 
-----------------------  ------------------- 
 

20 February 2017

www.pennon-group.co.uk

End transmission

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFVDFIIIFID

(END) Dow Jones Newswires

February 20, 2017 12:31 ET (17:31 GMT)

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