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OPG Power Ventures plc  -  OPG   

Timetable for Scrip Dividend Payment

Released 07:00 30-Oct-2018

RNS Number : 5901F
OPG Power Ventures plc
30 October 2018
 

30 October 2018

 

OPG Power Ventures plc

 

("OPG", the "Group" or the "Company")

 

Timetable for Scrip Dividend Payment

 

As announced on 24 September 2018, OPG is paying a full year scrip dividend of 1 pence per ordinary share in respect of FY18. This scrip dividend was approved by the Annual General Meeting on 23 October 2018.  Shareholders will receive their dividends in the form of shares instead of cash (as the cash option is not available) and the entitlements will be rounded down in accordance with the scrip terms and conditions. There is no requirement for shareholders to make an election for the Scrip Dividend Scheme for this payment and there is no option to elect for a cash dividend.

 

The scrip dividend reference price will be calculated as the average of the Company's closing middle market price, as derived from the London Stock Exchange's Daily Official List, for the five consecutive business days commencing on the ex-dividend date, being 8 November 2018.

 

A timetable for the key dates is set out below:

 

23 October 2018

Annual General Meeting (AGM)

8 November 2018

Ex-dividend date

9 November 2018

Record date

15 November 2018

Scrip reference price announced

3 December 2018

Dividend pay date, CREST accounts credited and dispatch of Scrip certificates and statements

 

For further information, please visit www.opgpower.com or contact:

 

OPG Power Ventures PLC

+91 (0) 44 429 11211

Arvind Gupta / Dmitri Tsvetkov

 

 

Cenkos Securities (Nominated Adviser & Broker)

+44 (0) 20 7397 8900

Stephen Keys

 

 

Tavistock (Financial PR)

+44 (0) 20 7920 3150

Simon Hudson / Barney Hayward

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Timetable for Scrip Dividend Payment - RNS