SEGRO PLC Scrip Dividend Scheme - Scrip Calculation Price (4405J)

TIDMSGRO

RNS Number : 4405J

SEGRO PLC

29 March 2018

29 March 2018

SEGRO plc (the Company)

Scrip Dividend Scheme - Scrip Calculation Price

The Board has recommended a Final Dividend of 11.35 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, subject to shareholder approval at the 2018 AGM.

The Scrip Calculation Price which will be used in determining the number of New Ordinary Shares is 591.48 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 22 March 2018.

The application deadline for applying for the Scrip Dividend Scheme is 5.00 pm (London time) on 12 April 2018.

A timetable of key events is provided below:

 
 Ex-dividend date                22 March 2018 
 Scrip Calculation Price         22 - 28 March 2018 (inclusive) 
  determined 
 Record Date                     23 March 2018 
 Scrip Calculation Price         29 March 2018 
  announced 
 Mandate delivery deadline       5.00 pm on 12 April 2018 
 2018 AGM                        11.00 am on 19 April 
                                  2018 
 2018 Final Dividend Payment     3 May 2018 
  Date 
 Expected Date of admission      3 May 2018 
  and first day of dealings 
  in New Ordinary Shares 
  on the London Stock Exchange 
 

The Scrip Dividend Scheme Booklet and Mandate Form are available from www.SEGRO.com.

If you wish to participate in the 2018 Scrip Dividend Scheme you will need to return a Mandate Form or CREST electronic election. Elections in relation to the 2015 Scheme will be treated as having been cancelled.

Further queries on the Scrip Dividend Scheme should be directed to the Company's Registrar, Equiniti on 0871 384 2186 (in the UK) or [phone] (outside the UK).

Elizabeth Blease

General Counsel and Group Company Secretary

020 7451 9083

This information is provided by RNS

The company news service from the London Stock Exchange

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March 29, 2018 09:00 ET (13:00 GMT)