Shareholders who held only B Shares and joined the Programme are reminded they will need to make a Scrip Dividend
Election in respect of their new A Shares if they wish to join the Programme in respect of such new shares.
This implies that the cash retained through the scrip dividend
may be reinvested to yield the existing shareholders' required rate of return.
The expectation is that buy-backs will offset prior dilution created by scrip dividends
by the end of 2015, with approximately 135 million ordinary shares currently outstanding, as well as shares from any uptake on the Programme related to the dividend in the first quarter of 2014.
The Scrip dividend
allocations resulted in an additional 19,559 shares being added to registered nominee accounts held in the names of Mr David Andrew and Mrs Susan Clare Fischel.
Beginning with its first quarter interim dividend for 2015, RDS provides shareholders with a choice to receive dividends in cash or in shares via a Scrip Dividend
Programme ("the Programme").
ADS holders may wish to consider reclaiming SDRT amounts deducted on previous issues under the Scrip Dividend
A] Scrip Dividend
Programme[B] Drip Reinvestment Plan The prices paid
Scheme - Scrip Calculation Price SEGRO plc (the
of the scrip dividend
alternative are contained in the Scrip Dividend
JSE for New Ordinary Shares under the Scrip Dividend
dividend under the Scrip Dividend
Scheme in respect of the 2014 Interim
21 November 2014 Intu Properties plc Scrip Dividend