Home » News » FTSE 250 » NextEnergy Solar Fund Limited scrip dividend
NextEnergy Solar Fund Limited

NextEnergy Solar Fund Limited scrip dividend

The NextEnergy Solar Fund (LON: NESF) Board has today confirmed the following in respect of the scrip dividend:

Dividend period: 1 July 2019 to 30 September 2019

Dividend amount per share: 1.7175 pence

Scrip dividend price per share: 122.40 pence

Payment date/Allotment of scrip: 31 December 2019

Number of new shares to be issued: 588,428

Application has been made to the London Stock Exchange for 588,428 ordinary shares to be admitted to trading. These ordinary shares are to be issued as a scrip dividend alternative to receiving a cash dividend in respect of the dividend for the second quarter of the Company’s 2019/20 financial year. Dealings are expected to commence at 8:00 a.m. on 31 December 2019.

Immediately following Admission, NextEnergy Solar Fund’s issued share capital will comprise 584,205,931 ordinary shares, none of which will be held in treasury. Each ordinary share carries the right to one vote and, therefore, the total number of voting rights in the Company on Admission will be 584,205,931. This figure may be used by shareholders and other investors as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.

Join us on our new LinkedIn page

Follow us on LinkedIn