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