SSE PLC Scrip Alternative (1868A)
18 Gennaio 2024 - 1:30PM
UK Regulatory
TIDMSSE
RNS Number : 1868A
SSE PLC
18 January 2024
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 interim dividend for the year ending 31 March 2024, payable on
8 March 2024, will be 1,779 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 interim dividend for the year ending 31 March 2024, this was
the period 11 to 17 January 2024.
If all of the Company's eligible shareholders as at the record
date of 12 January 2024 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 1,779 pence per share,
the maximum number of shares required to be issued by the Company,
for Scrip dividend purposes, would be 12,286,670 representing
approximately 1.1% 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 9 February 2024, 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 Computershare Investor Services PLC and return their
mandate forms to arrive no later than 9 February 2024. Shareholders
wishing to withdraw from the Scrip Dividend Scheme should ensure
their requests to withdraw are lodged with Computershare Investor
Services PLC to arrive no later than 9 February 2024.
Shareholders who hold their shares in uncertificated form should
consult their Crest sponsors as appropriate.
Scrip dividend timetable for the interim dividend for the year
ending 31 March 2024
Ex-dividend date 11 January 2024
Record date 12 January 2024
Scrip reference price calculation period 11 - 17 January 2024
Last date for receipt of Scrip elections 9 February 2024
Dividend payment/Scrip issue date 8 March 2024
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END
DIVFLFVFLIITLIS
(END) Dow Jones Newswires
January 18, 2024 07:30 ET (12:30 GMT)
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