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 ended 31 March 2024, payable on 19 September 2024, will be 1,848 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 ended 31 March 2024, this was the period 25 to 31 July 2024.
If all of the Company's eligible shareholders as at the record date of 26 July 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 1,848 pence per share, the maximum number of shares required to be issued by the Company, for Scrip dividend purposes, would be 23,668,338 representing approximately 2.2% of the Company's issued share capital (excluding treasury shares) on the record date.
The exact number of shares required to be issued will be established after 22 August 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 22 August 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 22 August 2024.
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 2024
Ex-dividend date 25 July 2024
Record date 26 July 2024
Scrip reference price calculation period 25 - 31 July 2024
Last date for receipt of Scrip elections 22 August 2024
Dividend payment/Scrip issue date 19 September 2024
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
