Business
Scrip Dividend - total issued shares
Scrip Dividend - total issued shares.
About this update from Convatec Group Plc
[{"type":"text","content":"\n \nRNS Number : 4362X ConvaTec Group PLC 29 April 2019 \n\n ConvaTec Group Plc\n \nScrip Dividend - total issued shares\n \nReading, United Kingdom (29 April 2019)\nOn 12 February 2019, the Board of Directors of ConvaTec Group Plc (\"ConvaTec\" or \"the Company\") proposed a final dividend in respect of 2018, subject to shareholder approval at the Annual General Meeting on 9 May 2019 of 3.983 cents per share (the \"final dividend\"). This final dividend is to be paid on 16 May 2019 to shareholders on the share register as at 5 April 2019. The dividend is payable in cash in Sterling to holders of ordinary shares. On 14 February 2019, the Company announced that a Scrip Dividend Scheme will be made available for this final dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares. The calculation price for the Scrip Dividend Scheme was announced on 11 April 2019. \nIt is confirmed that 11,198,285 ordinary shares of 10 pence each will be allotted and issued on 16 May 2019 by the Company to those shareholders who elected to receive the scrip dividend alternative. The shares will rank pari passu with the existing issued ordinary shares of the Company. Application will be made to the Financial Conduct Authority for the shares to be admitted to the Official List and to the London Stock Exchange for the shares to be admitted to trading.\nDealings in the shares issued under the scrip dividend scheme is expected to commence on 16 May 2019.\n \nTIMETABLE\nKey dates in respect of the scrip dividend scheme for the final dividend are:\n\n\n\n\n Ex-dividend Date\n\n\n4 April 2019\n\n\n\n\n Record Date\n\n\n5 April 2019\n\n\n\n\n Scrip calculation price determined\n\n\n 4-10 April 2019 (inclusive)\n\n\n\n\n Scrip calculation price available and announced\n\n\n11 April 2019\n\n\n\n\n Mandate delivery deadline for Shares held in uncertificated form \n\n\n3.00 p.m. on 23 April 2019 \n\n\n\n\n Mandate delivery deadline for Shares held in certificated form\n\n\n5...