Good Energy Group PLC Operation of scrip dividend scheme (5557A)

TIDMGOOD

RNS Number : 5557A

Good Energy Group PLC

25 May 2023

25 May 2023

Good Energy Group PLC

("Good Energy" or the "Company")

Operation of scrip dividend scheme

The Board of Good Energy recommended a final dividend of 2.0p per ordinary share for the period to 31 December 2022, as set out in the Company's results on 28 March 2023. The dividend is payable on 13 July 2023 to shareholders whose names are on the register at close of business on 9 June 2023. The shares will trade ex-dividend from 8 June 2023.

The Board has decided to continue to offer shareholders the opportunity to receive dividends in the form of new shares in the Company as an alternative to a cash dividend payment.

Documentation setting out full details of the scrip dividend scheme has been sent to all shareholders today and can be viewed on the website at https://www.goodenergy.co.uk/investors/dividend-and-scrip-information/ .

To participate in the scrip dividend scheme for the 2023 final dividend, shareholders who have not yet lodged election forms must do so by 5pm on 23 June 2023. Shareholders need not take any further action if they have already elected to participate in the scrip dividend scheme or receive their dividend in cash and would like to continue to do so.

The reference price of the scrip shares in respect of the dividend will be calculated and published on or around 15 June 2023.

The timetable for the operation of the scrip dividend scheme in respect of the 2022 final dividend is set out below.

 
 25/05/2023                Announcement and posting of scrip dividend documentation 
 08/06/2023                Ex-dividend 
                          ------------------------------------------------------------------- 
 08/06/2023 - 14/06/2023   Scrip dividend calculation period 
                          ------------------------------------------------------------------- 
 09/06/2023                Record date 
                          ------------------------------------------------------------------- 
 15/06/2023                Publication of scrip reference price 
                          ------------------------------------------------------------------- 
 23/06/2023 at 5pm         Final date and time for receipt of scrip election forms 
                          ------------------------------------------------------------------- 
 11/07/2023                Posting of dividend cheques and tax vouchers for cash dividend 
                          ------------------------------------------------------------------- 
 13/07/2023                Issue and allotment of new shares for scrip dividend and admission 
                            to trading 
                          ------------------------------------------------------------------- 
 13/07/2023                Issue and posting of new share certificates for scrip dividend 
                          ------------------------------------------------------------------- 
 13/07/2023                Cash dividend payment date 
                          ------------------------------------------------------------------- 
 

Enquiries

 
 Good Energy Group PLC 
 Nigel Pocklington, Chief Executive      Email: [e-mail] 
  Charlie Parry, Director of Corporate 
  Strategy & Investor Relations 
  Ian McKee, Head of Communications 
 SEC Newgate UK                          Email: [e-mail] 
 Elisabeth Cowell / Molly Gretton        Tel: [phone] 
 Investec Bank plc (Nominated Adviser 
  and Joint Broker) 
 Henry Reast / James Rudd / Maria        Tel: [phone] 
  Gomez de Olea 
 Canaccord Genuity Limited (Joint 
  Broker) 
 Henry Fitzgerald - O'Connor /            Tel: [phone] 
  Harry Rees 
 
   About Good Energy   www.goodenergy.co.uk 

Good Energy is a supplier of 100% renewable power and an innovator in energy services. It has long term power purchase agreements with a community of 1,700 independent UK generators.

Since it was founded 20 years ago, the Company has been at the forefront of the charge towards a cleaner, distributed energy system. Its mission is to power a cleaner, greener world and make it simple to generate, share, store, use and travel by clean power. Its ambition is to support one million homes and businesses to cut carbon from their energy and transport used by 2025.

Good Energy is recognised as a leader in this market, through green kite accreditation with the London Stock Exchange, Which? Eco Provider status and Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

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May 25, 2023 02:00 ET (06:00 GMT)