Good Energy Group PLC

("Good Energy" or "the Company")

Scrip Dividend Elections

Good Energy announces that it has received elections to accept the scrip dividend alternative from holders of 2,073,243 ordinary shares of 5p each ("Ordinary Shares") in relation to the final dividend for the year ended 31 December 2018. This accounts for 12.5% of the 16,571,521 Ordinary Shares in issue on the record date.

Accordingly, 34,641 new Ordinary Shares ("Scrip Dividend Shares") will be issued in satisfaction of such elections at an equivalent price of 147.5p each.

The Scrip Dividend Shares will rank pari passu with the Company's existing issued Ordinary Shares and will be issued and allotted on the Dividend Payment Date, being 4 July 2019.  The Company will apply for the Scrip Dividend Shares to be admitted to trading on AIM with dealings expected to commence on or around 4 July 2019.  Share certificates and scrip dividend vouchers for the Scrip Dividend Shares will be posted on the same date.

Following the allotment, issue and admission of the Scrip Dividend Shares, the enlarged issued share capital of Good Energy with voting rights attached will consist of 16,606,162 Ordinary Shares with one vote per Ordinary Share. There are no shares held in Treasury. This is therefore the figure to be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest, or a change to their interest, in Good Energy.

Good Energy has received elections for the scrip dividend alternative from individuals it considers to be persons discharging managerial responsibility. The individuals, resulting Scrip Dividend Shares, aggregate number of Ordinary Shares held by relevant individuals and their related parties (as defined in the AIM rules) and their aggregate percentage holdings in Good Energy are set out below:

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Enquiries:

Good Energy Group PLC

Juliet Davenport, Chief Executive

Charles Parry, Investor Relations

 Tel: +44 (0)1249 766795

Investec Bank plc (Nominated Adviser)

Jeremy Ellis

Sara Hale

Tel: +44 (0) 20 7597 5970

Walbrook (Financial PR)

Paul Cornelius

Nick Rome

Tel: +44 (0) 20 7933 8794

Notes to editors:

About Good Energy www.goodenergy.co.uk

Good Energy was founded in 1999 by Juliet Davenport OBE with the ambition to tackle climate change by generating and investing in renewable energy. Its purpose is to power the choice of a cleaner, greener future together with its customers, employees and investors.

Since it started, the company has been supplying clean power, sourced from its own generation assets as well as from independent, UK-based renewable generators. Good Energy also pioneered a more localised approach to energy by supporting home generation, launching the HomeGen scheme in 2004, which became the blueprint for the Feed-in Tariff.

Today, it continues to support and invest in localised energy generation, as the only UK energy company with more home-generation customers than supply. From using digital innovation to help UK households and businesses manage their energy usage more efficiently, to empowering more people to generate, store and share clean power, it is leading the charge towards a cleaner, distributed energy system.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.