Business
Final Results
Final Results.
About this update from Jersey Electricity Plc Class A
[{"type":"text","content":"\n \n \n JERSEY ELECTRICITY plc \n \n \n Financial Results Summary\n \n \n Year Ended 30 September 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n At a meeting of the Board of Directors held on 20 December 2022, the final accounts for the year ended 30 September 2022 were approved and have been published on our website (www.jec.co.uk).\n \n \n \n \n \n The financial information set out in this summary does not constitute the statutory accounts for the year ended 30 September 2022, or 2021, but is derived from those accounts. Statutory accounts for 2021 have been delivered to the Jersey Registrar of Companies, and those for 2022 will be delivered in early 2023. The auditor reported on the accounts for both years and their reports were unmodified.\n \n \n \n \n \n A final dividend of 10.80p on the Ordinary and 'A' Ordinary shares in respect of the year ended 30 September 2022 was recommended (2021: 10.20p)\n .\n Together with the interim dividend of 7.60p (2021: 7.20p) the proposed total dividend declared for the year was 18.40p on each share (2021: 17.40p).\n \n \n \n \n \n The final dividend will be paid on 23 March 2023 to those shareholders registered on 17 February 2023 (not 16 February as earlier stated). A dividend on the 5% cumulative participating preference shares of 1.5% (2021: 1.5%) payable on 3 July 2023 was also recommended.\n \n \n \n \n \n The Annual General Meeting will be held on 8 March 2022 at 2.00 pm at the Powerhouse, Queen's Road, St Helier, Jersey.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n M.P. Magee \n \n \n \n \n Finance Director \n \n \n \n \n \n \n Direct telephone number: 01534 505201 \n \n \n Email:\n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 20 December 2022 \n \n \n \n \n \n \n \n \n \n \n \n The Powerhouse\n \n \n PO Box 45\n \n \n Queens Road\n \n \n St Helier\n \n \n Jersey JE4 8NY\n \n \n \n \n \n \n \n \n \n \n JERSEY ELECTRICITY plc \n \n \n \n \n Financial Results Summary\n \n \n \n \n Year ended 30 September 2022 \n \n \n \n \n \n \n \n \n \n \n \n \n The Chair, Phil Austin, comments...