PHNW Phoenix Wts(DI)

TIDMPHNX TIDMPHNW

RNS Number : 2803B

Phoenix Group Holdings

13 April 2012

PHOENIX GROUP HOLDINGS Scrip Dividend Calculation Price

Phoenix Group Holdings (the "Company") announces that the Calculation Price for the New Ordinary Shares to be issued to Shareholders who elect to receive the scrip dividend for the 2011 final dividend is 552.4 pence per share.

The Calculation Price is the average of the closing middle market price of an Ordinary Share, as derived from the London Stock Exchange Daily Official List for the five consecutive dealing days starting from 4 April 2012 inclusive (the ex-dividend date for the 2011 final dividend).

The expected timetable for the 2011 final dividend is:-

Mandate delivery deadline for Shareholders 5.00 p.m. (BST), 25 April 2012

Dividend payment date 8 May 2012

   First day of dealings in New Ordinary Shares                                    8 May 2012 

The amended warrant exercise price will be announced on or before 1 May 2012

Payment of the dividend is subject to Shareholder approval at the Company's annual general meeting to be held on Thursday 3 May 2012 at 1.00 pm.

Details of the Scrip Dividend Scheme were sent to Shareholders on 2 April 2012. Full details and copies of the Circular and relevant mandate forms are available on the Company's website at http://www.thephoenixgroup.com in the Investor Relations section and also at the National Storage Mechanism http://www.hemscott.com/nsm.do.

Enquiries:

 
 Investors 
 Katherine Jones 
  Head of Investor Relations, Phoenix 
  Group                                  +44 (0)20 7489 4879 
 Media 
 Neil Bennett, Maitland 
  Peter Ogden, Maitland                  +44 (0)20 7379 5151 
 

Note: Defined terms used in this announcement have the same meaning as given to them in the Circular sent to Shareholders on 2 April 2012.

This information is provided by RNS

The company news service from the London Stock Exchange

END

STREAKLDFFDAEEF

Phoenix Wts(DI) (LSE:PHNW)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Phoenix Wts(DI) (LSE:PHNW)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024