RNS Number:4640P
Northern Electric PLC
15 August 2000


Northern Electric plc

The board of Northern Electric plc announces that a dividend of 4.0305 pence
(net) per Preference Share, relating to the six months to 30 September 2000,
will be payable on 2 October 2000 to holders of Preference Shares on the
register as at 25 August 2000.

The terms of CE Electric UK plc's offer for Northern Electric's Preference
Shares state that CE Electric will acquire the Preference Shares together with
the right to all dividends declared, made or paid on or after 28 October 1996.
Northern Electric Preference Shareholders who accept CE Electric's Preference
Offer, and who receive the Preference Share dividend because they are on the
register on the record date, will therefore receive 72.756 pence per Northern
Electric Preference Share (being CE Electric's offer price of 105 pence less the
net amount of the dividends paid on 1 April 1997, 30 September 1997, 31 March
1998, 30 September 1998, 31 March 1999, 30 September 1999, 31 March 2000 and 30
September 2000).


Enquiries:

Julian Kenyon      0191 210 2607
Nthn.elec.prf (LSE:NTEA)
Gráfica de Acción Histórica
De Abr 2024 a May 2024 Haga Click aquí para más Gráficas Nthn.elec.prf.
Nthn.elec.prf (LSE:NTEA)
Gráfica de Acción Histórica
De May 2023 a May 2024 Haga Click aquí para más Gráficas Nthn.elec.prf.