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31 July 2025 23:26:13
- Source: Sharecast
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 2025, payable on 18 September 2025, will be 1,849 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 2025, this was the period 24 to 30 July 2025.
If all of the Company's eligible shareholders as at the record date of 25 July 2025 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 1,849 pence per share, the maximum number of shares required to be issued by the Company, for Scrip dividend purposes, would be 25,733,244 representing approximately 2.3% 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 21 August 2025, 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 21 August 2025. 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 21 August 2025.
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 ended 31 March 2025
Ex-dividend date 24 July 2025
Record date 25 July 2025
Scrip reference price calculation period 24 - 30 July 2025
Last date for receipt of Scrip elections 21 August 2025
Dividend payment/Scrip issue date 18 September 2025
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