Good Energy Group PLC Notice of AGM and Scrip Dividend Calendar (9430O)

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RNS Number : 9430O

Good Energy Group PLC

23 May 2018

23 May 2018

Good Energy Group PLC

("Good Energy" or "the Company")

Notice of Annual General Meeting ("AGM")

and posting of Scrip Dividend Circular

Notice of AGM

Good Energy announces that its Notice of AGM has been posted to shareholders today and will shortly be available on the Company's website at https://group.goodenergy.co.uk/investor-information/agm-information/.

The Company will be holding its AGM at 12pm at Chippenham Town Hall, High Street, Chippenham, SN15 3ER on Thursday 21 June 2018.

Forms of proxy must be completed, signed and returned so as to be received by the Company's Registrars by no later than 12pm on Tuesday 19 June 2018. Full details are set out in the Notice of AGM and on the Company's website.

Scrip Dividend

The Directors recommended a final dividend of 2.3p per share for the year ended 31 December 2017 when announcing the Company's preliminary results on 21 March 2018. In response to continued shareholder interest, the Board has decided to continue to offer shareholders a scrip dividend alternative to the final dividend. Documentation setting out full details relating to this scrip dividend has been sent to shareholders today.

Subject to approval of the final dividend at the AGM on 21 June 2018, the final dividend will be payable to shareholders whose names are on the register at close of business 1 June 2018. The Company's shares will trade ex dividend from 31 May 2018.

If shareholders wish to receive all or part of this dividend by way of new shares in the Company, election forms need to be filed by 4pm on 19 June 2018. If no action is taken, the dividend will be paid as cash. The reference price of the scrip shares in respect of the dividend will be calculated and published on or around 7 June 2018.

The Company announces the timetable for the payment of the final dividend as set out in the table below:

 
 Posting of scrip dividend documentation        23 May 2018 
--------------------------------------------  ------------- 
 Ordinary shares quoted ex dividend             31 May 2018 
--------------------------------------------  ------------- 
 Scrip dividend calculation period               31 May - 6 
                                                  June 2018 
--------------------------------------------  ------------- 
 Record Date                                    1 June 2018 
--------------------------------------------  ------------- 
 Scrip reference price published                7 June 2018 
--------------------------------------------  ------------- 
 Final date and time for receipt                  4pm on 19 
  of election forms                               June 2018 
--------------------------------------------  ------------- 
 Annual General Meeting                        21 June 2018 
--------------------------------------------  ------------- 
 Posting of dividend cheques and                3 July 2018 
  tax vouchers for cash dividend 
--------------------------------------------  ------------- 
 Issue and allotment of new ordinary            5 July 2018 
  shares for scrip dividend and admission 
  to trading 
--------------------------------------------  ------------- 
 Issue and posting of new share certificates    5 July 2018 
  for scrip dividend 
--------------------------------------------  ------------- 
 Cash dividend payment date                     5 July 2018 
--------------------------------------------  ------------- 
 

[ends]

Enquiries:

Good Energy Group PLC

Juliet Davenport, Chief Executive Tel: [phone]

Charles Parry, Investor Relations

Stephen Rosser, Company Secretary

Investec Bank plc (Nominated advisor)

Jeremy Ellis Tel: [phone]

Sara Hale

Alexander Ruffman

Smithfield (Financial PR)

Alex Simmons Tel: [phone]

Brett Jacobs

Notes to editors:

-- Good Energy is a pioneering clean energy company, powering the choice of a cleaner, greener future together with its people, customers and shareholders. Having led the way in renewable energy development since 1999 in areas including small and larger scale wind turbines, solar panels, biogen and hydro, and now bringing through technologies like battery storage and electric vehicles, Good Energy is making it easier for people and businesses to make renewable energy part of their lives.

-- An AIM-listed PLC, and founding member of the Social Stock Exchange, Good Energy was established in 1999 to empower households and business to address climate changes through their choice of energy supplier.

-- The Company has been awarded a "Best Buy" label in the Ethical Consumer Buyers' Guide to Green Electricity and Gas Suppliers 2017.

-- As at 31 December 2017, Good Energy reported a total number of installed customer meters and FIT installations of 259,362.

-- Good Energy is the owner of Delabole Wind Farm, the UK's first commercial onshore wind farm and owns and operates Hampole Wind Farm, near Doncaster. Following the sale of Newton Downs Farm and the planned sale of Brynwhilach Farm, the Group will own and operate six solar farms.

-- Good Energy introduced offshore wind to its fuel mix in 2017, through an agreement with Ørsted to buy power from their Westermost Rough Wind Farm in the North Sea.

-- Good Energy has won a number of awards, including Renewable Energy Association Company of the Year Award 2016, Customer Care and Staff Care Winner Wiltshire Business Awards 2017 and Environmental Business of the Year Award Chippenham Business Awards 2017.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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May 23, 2018 02:00 ET (06:00 GMT)