TIDMOPG

RNS Number : 6794W

OPG Power Ventures plc

16 November 2017

16 November 2017

OPG Power Ventures plc

("OPG", the "Group" or the "Company")

Scrip Dividend Reference Price

OPG (AIM: OPG), the developer and operator of power generation plants in India, announces that the scrip dividend reference price for the ordinary shares to be issued to shareholders electing to receive the scrip dividend alternative for the Company's final dividend of 0.72p per share will be 26.023p per share.

The scrip reference price was calculated as the average of the Company's closing middle market price, as derived from the London Stock Exchange's Daily Official List, for the five consecutive business days commencing on the ex-dividend date, being 9 November 2017.

The final date for receipt of scrip dividend election forms and CREST dividend election input messages is 1 December 2017.

A timetable for the key dates is set out below:

 
 17-Nov-2017   Despatch of scrip election form 
 01-Dec-2017   Deadline for scrip election 
               Dividend pay date, CREST PAY instruction 
 22-Dec-2017    and despatch of scrip documents 
 

For further information, please visit www.opgpower.com or contact:

 
 
 OPG Power Ventures PLC               +91 (0) 44 429 
  Arvind Gupta / Dmitri Tsvetkov      11211 
 Cenkos Securities (Nominated 
  Adviser & Broker)                   +44 (0) 20 7397 
  Stephen Keys / Camilla Hume         8900 
 Macquarie Capital (Europe) 
  Limited (Joint Broker)              +44 (0) 20 3037 
  Raj Khatri / Nick Stamp             2000 
 Tavistock (Financial PR) 
  Simon Hudson / Barney Hayward       +44 (0) 20 7920 
  / James Collins                     3150 
 

-ends-

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 16, 2017 02:01 ET (07:01 GMT)

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