SEGRO PLC Scrip Price Setting Announcement (7289H)

TIDMSGRO

RNS Number : 7289H

SEGRO PLC

26 March 2020

26 March 2020

SEGRO plc (the Company)

Scrip Dividend Scheme - Scrip Calculation Price

The Board has recommended a Final Dividend of 14.4 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 720.16 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 19 March 2020.

The application deadline for applying for the Scrip Dividend Scheme is 5.00 pm (London time) on 8 April 2020.

A timetable of key events is provided below:

 
 Ex-dividend date                       19 March 2020 
 Scrip Calculation Price determined     19 - 25 March 2020 (inclusive) 
 Record Date                            20 March 2020 
 Scrip Calculation Price announced      26 March 2020 
 Mandate delivery deadline              5.00 pm on 8 April 2020 
 2020 AGM                               11.00 am on 21 April 2020 
 2019 Final Dividend Payment Date       1 May 2020 
 Expected Date of admission and first   1 May 2020 
  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 .

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).

Stephanie Murton

Legal Counsel

020 7451 9083

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.

END

DIVKKABNDBKDBNB

(END) Dow Jones Newswires

March 26, 2020 09:00 ET (13:00 GMT)