29 September 2016
The Weir Group PLC Scrip Dividend Scheme - Scrip Reference Share Price
On 28 July 2016, The Weir Group PLC (the "Company") announced its results for the six months ended 30 June 2016 and declared an interim dividend of 15.0p (the "2016 Interim Dividend").
The Company confirms that the Scrip Reference Share Price for the fully paid ordinary shares to be issued to shareholders electing to receive the Scrip Dividend for the 2016 Interim Dividend, payable on 4 November 2016, will be 1575.8p per share.
This figure is equal to the average of the closing middle market quotations derived from the Daily Official List of the London Stock Exchange for the five dealing days commencing on 22 September 2016, being the day on which the Company's ordinary shares were first quoted "ex dividend".
A letter summarising how Shareholders can participate in the Scrip Scheme, together with the terms and conditions are available on the Company's website at www.investors.weir.
The deadline by which Shareholders can elect to participate in the Scrip Scheme is 21 October 2016. The timetable for the 2016 Interim Dividend is as follows:
|22 September 2016||Ex-dividend date.|
|23 September 2016||Dividend Record Date.|
|22 - 28 September 2016||Scrip Reference Share Price Calculation Period.|
|21 October 2016||Final day to elect to participate in the Scrip Scheme.|
|4 November 2016||Dividend Payment Date.|
Defined terms used in this announcement have the same meaning as in the Scrip Scheme terms and conditions.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: The Weir Group PLC via Globenewswire