TIDMSSE

RNS Number : 1868A

SSE PLC

18 January 2024

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 interim dividend for the year ending 31 March 2024, payable on 8 March 2024, will be 1,779 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 interim dividend for the year ending 31 March 2024, this was the period 11 to 17 January 2024.

If all of the Company's eligible shareholders as at the record date of 12 January 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 1,779 pence per share, the maximum number of shares required to be issued by the Company, for Scrip dividend purposes, would be 12,286,670 representing approximately 1.1% of the Company's issued share capital (excluding treasury shares) on the record date.

The exact number of shares which will require to be issued will be established after 9 February 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 9 February 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 9 February 2024.

Shareholders who hold their shares in uncertificated form should consult their Crest sponsors as appropriate.

Scrip dividend timetable for the interim dividend for the year ending 31 March 2024

   Ex-dividend date                                                   11 January 2024 
   Record date                                                           12 January 2024 
   Scrip reference price calculation period            11 - 17 January 2024 
   Last date for receipt of Scrip elections             9 February 2024 
   Dividend payment/Scrip issue date                  8 March 2024 

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.

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.

END

DIVFLFVFLIITLIS

(END) Dow Jones Newswires

January 18, 2024 07:30 ET (12:30 GMT)

Sse (LSE:SSE)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024 Haga Click aquí para más Gráficas Sse.
Sse (LSE:SSE)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024 Haga Click aquí para más Gráficas Sse.