8th Apr 2011 14:00
PHOENIX GROUP HOLDINGS Circular to Shareholders - Scrip Dividend SchemePhoenix Group Holdings (the "Company") announces the publication of a Circular to Shareholders in respect of its Scrip Dividend Scheme. The Circular and the relevant mandate forms are being posted to Shareholders today, Friday, 8 April 2011. The amended warrant exercise price will be announced on or before 4 May 2011.
The expected timetable for the 2011 Final Dividend is:-
Ex-dividend date 6 April 2011
Record date 8 April 2011
Scrip calculation price determined 6 - 12 April 2011 (inclusive)
Scrip calculation price available and announced 13 April 2011
Mandate delivery deadline for Shareholders 4.00 p.m. (BST), 26 April 2011
Dividend payment date 17 May 2011
First day of dealings in New Ordinary Shares 17 May 2011
Payment of the Dividend is subject to Shareholder approval at the Company's annual general meeting to be held on Friday 13 May 2011 at 1.00 pm.
Full details and copies of the Circular and relevant mandate forms are available on the Company's website at http://www.thephoenixgroup.com in the Investor Relations section.
Copies of the above documents have been submitted to the National Storage Mechanism and are to be made available for inspection at http://www.hemscott.com/nsm.do.
Enquiries:
Media Investor Relations
Daniel Godfrey Lorraine Rees
+ 44 (0) 20 7489 4517 + 44 (0) 20 7489 4456
+ 44 (0) 7894 937 890 + 44 (0) 7872 413277
Note:Defined terms used in this announcement have the same meaning as given to them in the Circular.
Related Shares:
Phoenix Group Holdings