Business
2010 Final Dividend - Scrip Alternative
2010 Final Dividend - Scrip Alternative.
About this update from Costain Group Plc
[{"type":"text","content":"\n \nRNS Number : 9291G Costain Group PLC 19 May 2011 \n \n\nCOSTAIN GROUP PLC\n(\"Costain\")\n \n2010 Final Dividend - Scrip Alternative \n \nCostain announces that, following approval by shareholders at the Company's 2008 AGM of the scrip dividend scheme, elections have been made by shareholders to receive 59,673 ordinary shares of 50p each in the Company (\"Shares\") in lieu of cash in respect of all or part of their final dividend for the year ended 31 December 2010 (\"Final Dividend\"), to be paid on 20 May 2011.\n \nApplication has therefore been made for the admission (\"Admission\") of 59,673 new Shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities. The new Shares will rank pari passu with the Company's existing issued Shares and dealings are expected to commence on Friday 20 May 2011.\n \nThe resultant interests, upon Admission, of certain Directors who have elected to receive the Final Dividend in the form of shares is set out below:\n \n\n\n\n\nDirector\n\n\nShares to be received under scrip dividend elections\n\n\nResultant interest in Shares (at Admission)\n\n\n% of issued Shares (at Admission)\n\n\n\n\nMichael Alexander\n\n\n248\n\n\n9,511\n\n\n0.014\n\n\n\n\n \nUpon Admission the total number of Shares in issue, and therefore the total number of voting shares, is 63,898,452 shares. There are no shares held in Treasury. The above figure may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules. \n 19 May 2011\n \n \n\n\n\n\nENQUIRIES:\n\n\n \n\n\n\n\nCostain Group PLC\n\n\nTel: 01628 842 444\n\n\n\n\nClive Franks, Company Secretary\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nCollege Hill\n\n\nTel: 020 7457 2020\n\n\n\n\nMark Garraway &nbs...