At the Company's Annual General Meeting held in May 2018, shareholders approved the implementation of a Scrip Dividend Scheme ("Scrip Scheme"). The Scrip Scheme provides shareholders with the opportunity to receive dividends as new ordinary shares instead of cash. This enables us to retain more cash for reinvestment into our business, which would otherwise be paid as cash dividends.
The Scrip Scheme Circular, the Mandate Form and the Guide to the Scrip Scheme, accessible through the links below, provide information on the Scrip Scheme and how to participate.
2019 Final Dividend
On 25 March 2020, the Company announced the Board’s decision to cancel the final dividend for 2019 and suspend further distributions until market conditions stabilise following the impact of Coronavirus. The 2019 final dividend will therefore not be proposed at the AGM scheduled to be held on 7 May 2020.
Historic Scrip Dividends
The table below gives details of past dividends on which the Scrip Scheme was offered:
|Dividend||Ex-Div Date||Record Date||Payment Date||PID (p)||Non-PID (p)||Total (p)|
|Interim dividend period ended 30 June 2019||19 September 2019||20 September 2019||01 November 2019||9||1.25||10.25|
|Final dividend period ended 30 Dec 2018||11 April 2019||12 April 2019||17 May 2019||16||3.5||19.5|
|Interim dividend period ended 30 June 2018||20 Sep 2018||21 Sep 2018||2 Nov 2018||6.5||3||9.5|
|Final dividend period ended 30 Dec 2017||12 April 2018||13 April 2018||18 May 2018||15.4||-||15.4|
If you have any questions about the Scrip Scheme then please contact the Company’s Registrar, Computershare Investor Services plc, on +44 0370 707 1376. The helpline is open between 8.00 a.m. and 6.30 p.m. (GMT), Monday to Friday excluding public holidays in England and Wales.