SSE PLC Scrip Reference Price (9893U)
04 Agosto 2022 - 11:26AM
UK Regulatory
TIDMSSE
RNS Number : 9893U
SSE PLC
04 August 2022
SSE PLC
SCRIP DIVIDEND SCHEME
The Board of SSE plc ('the Company') confirms that the Scrip
reference price for the fully paid ordinary shares to be issued to
shareholders electing to receive the Scrip dividend alternative for
the final dividend for the year ending 31 March 2022, payable on 22
September 2022, will be 1,768 pence per share.
The Scrip reference price has been calculated by taking the
average mid-market closing price of the Company's shares over the
five business days commencing on the ex-dividend date. In respect
of the final dividend for the year ending 31 March 2022, this was
the period 28 July to 3 August 2022.
If all of the Company's eligible shareholders as at the record
date of 29 July 2022 were to elect to participate in the Scrip
Dividend Scheme in respect of their entire shareholdings as at such
date, based on the Scrip reference price of 1,768 pence per share,
the maximum number of shares required to be issued by the Company,
for Scrip dividend purposes, would be 36,354,532 representing
approximately 3.3% of the Company's issued share capital (excluding
treasury shares) on the record date.
The exact number of shares which will require to be issued will
be established after 25 August 2022, the final date for receipt of
elections to participate in the Scrip Dividend Scheme.
Shareholders wishing to participate in the Scrip Dividend Scheme
should contact Link Group and return their mandate forms to arrive
no later than 25 August 2022. Shareholders wishing to withdraw from
the Scrip Dividend Scheme should ensure their requests to withdraw
are lodged with Link Group to arrive no later than 25 August
2022.
Shareholders who hold their shares in uncertificated form should
consult their Crest sponsors as appropriate.
Scrip dividend timetable for the final dividend for the year
ending 31 March 2022
Ex-dividend date 28 July 2022
Record date 29 July 2022
Scrip reference price calculation period 28 July - 3 August 2022
Last date for receipt of Scrip elections 25 August 2022
Dividend payment/Scrip issue date 22 September 2022
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END
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(END) Dow Jones Newswires
August 04, 2022 10:26 ET (14:26 GMT)
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