Hiscox Ltd has announced the Scrip Reference Share Price for its scrip dividend alternative in connection with the final dividend of 25 cents per share payable on 12 June 2024. The Scrip Reference Share Price, used in calculating the entitlement of those who have elected for the scrip dividend alternative, is 1,157p. This price is based on the average of the closing middle market quotations derived from the London Stock Exchange Daily Official List for the five business days commencing on 21 May 2024 and ending on 28 May 2024.
The Pound Sterling equivalent of the dividend is 19.63p per share, based on the average USD/GBP exchange rate as published in the London Stock Exchange Daily Official List for the same five business days. The deadline for receipt of elections for the scrip dividend alternative was 20 May 2024.
Marc Wetherhill, the Company Secretary of Hiscox Ltd, released this announcement.