Good Energy Group - Operation of scrip dividend scheme
RNS Number : 4689Q
Good Energy Group PLC
12 September 2017

 Good Energy Group PLC


("Good Energy" or the "Company")



Operation of scrip dividend scheme


The Board of Good Energy Group PLC, is pleased to announce an interim dividend of 1p per ordinary share for the period to 30 June 2017, as set out in the Company's interim results released this morning. The dividend is payable on 2 November 2017 to shareholders whose names are on the register at close of business on 22 September 2017. The shares will trade ex-dividend from 21 September 2017.

The Directors have decided to continue to offer shareholders the opportunity to receive dividends in the form of new shares in the Company as an alternative to a cash dividend payment.

Documentation setting out full details of the scrip dividend scheme will be sent to all shareholders on or around 15 September 2017.

To participate in the scrip dividend scheme for the 2017 interim dividend, shareholders who have not yet lodged election forms must do so by 5pm on 5 October 2017. Shareholders need not take any further action if they have already elected to participate in the scrip dividend scheme or receive their dividend in cash and would like to continue to do so.

The reference price of the scrip shares in respect of the dividend will be calculated and published on or around 28 September 2017.

The timetable for the operation of the scrip dividend scheme in respect of the 2017 interim dividend is set out below.



12 September 2017


21 September 2017

Ex-Dividend date

21 - 27 September 2017

Scrip dividend calculation period

22 September 2017

Record date

28 September 2017

Publication of Scrip reference price

5 October 2017, 5pm

Final date and time for receipt of mandate forms

31 October 2017

Posting of dividend cheques and tax vouchers for cash dividend

2 November 2017

Issue and allotment of new shares for scrip dividend

2 November 2017

Issue and posting of new share certificates for scrip dividend

2 November 2017

Cash dividend payment date



Good Energy Group PLC

+44 (0) 1249 766 795

Juliet Davenport, Chief Executive Officer

Denise Cockrem, Chief Financial Officer

Stephen Rosser, Company Secretary


Investec Bank plc

+44 (0) 207 597 4000

Jeremy Ellis

Sara Hale

Smithfield Consultants

+44 (0) 20 3047 2476

Alex Simmons



Notes to editors:

·      Good Energy is a fast-growing green energy company, generating and selling 100% renewable electricity and green gas to households and businesses across the UK.

·      An AIM-listed PLC, and founding member of the Social Stock Exchange, Good Energy's purpose is to support change in the energy market, address climate change and boost energy security.

·      The Company has been awarded 4 out of 5 stars by Which? for customer service in 2016 and 2017 (no energy supplier was awarded 5 stars), and has been awarded a Best Buy by Ethical Consumer magazine.

·      As at 31 December 2016, Good Energy had over 71,400 renewable electricity customers and 44,100 carbon neutral gas customers. It also provides Feed-in Tariff administration services to over 133,000 sites, bringing the total number of customers to 248,500.

·      Good Energy is the owner of Delabole Wind Farm, the UK's first commercial onshore wind farm and owns and operates Hampole Wind Farm, near Doncaster. The Company also owns and operates seven solar farms

·      Good Energy received an average customer advocacy of 45. A net promoter score is an index ranging from -100 to 100 that measures the willingness of customers to recommend a company's products or services to others. It is used as a proxy for gauging the customer's overall satisfaction with a company's product or service and the customer's loyalty to the brand.

·      Good Energy has won a number of awards, including Renewable Energy Association Company of the Year Award 2016, Business Green Company of the Year 2015, and was named Social Impact Company of the Year at the 2014 and 2015 Small Cap awards.


This information is provided by RNS
The company news service from the