OPG Power Ventures plc Timetable for Scrip Dividend Payment (5901F)

TIDMOPG

RNS Number : 5901F

OPG Power Ventures plc

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:

 
                                         +91 (0) 44 429 
 OPG Power Ventures PLC                       11211 
 Arvind Gupta / Dmitri Tsvetkov 
 
 Cenkos Securities (Nominated Adviser    +44 (0) 20 7397 
  & Broker)                                    8900 
 Stephen Keys 
 
                                         +44 (0) 20 7920 
 Tavistock (Financial PR)                      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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October 30, 2018 03:00 ET (07:00 GMT)

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