REG - LondonMetric - Rule 2.9 Announcement

Londonmetric PropertyAnnouncement

11/01/2024 07:15

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RNS Number : 3021Z  LondonMetric Property PLC  11 January 2024

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

For immediate release

11 January 2024

LondonMetric Property plc

("LondonMetric" or the "Company")

Rule 2.9 Announcement

On 23 November 2023, LondonMetric declared a second quarterly interim dividend
of 2.4 pence per Ordinary Share ("Dividend") payable on 11 January 2024 to
Shareholders on the register of members at the close of business on 1 December
2023.

On 4 January 2024, LondonMetric confirmed that, in accordance with the terms
of the scrip dividend scheme ("Scheme"), 3,963,146 ordinary shares of 10 pence
each in the Company ("Shares") were to be issued in relation to the
Dividend.

It is expected that effective from 8.00 a.m. today, 11 January 2024, the
Shares will have been admitted to trading on the London Stock Exchange
("Admission").

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers
("Code"), the Company confirms that, following Admission, it has 1,093,559,368
ordinary shares of 10 pence each in issue and admitted to trading on the
London Stock Exchange, with one voting right per share. No shares are held in
Treasury. The total number of voting rights is therefore 1,093,559,368
ordinary shares.

This figure of 1,093,559,368 ordinary shares may also be used by shareholders
as the denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest in,
the share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

The International Securities Identification Number (ISIN) for the Company's
ordinary shares is GB00B4WFW713.

Enquiries:

 LondonMetric Property plc                  Tel: +44 (0) 20 7484 9000
 Andrew Jones, Chief Executive

 Martin McGann, Finance Director

 Gareth Price, Head of Investor Relations

 

 

Disclosure requirements of the Code

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of
any class of relevant securities of an offeree company or of any securities
exchange offeror (being any offeror other than an offeror in respect of which
it has been announced that its offer is, or is likely to be, solely in cash)
must make an Opening Position Disclosure following the commencement of the
offer period and, if later, following the announcement in which any securities
exchange offeror is first identified. An Opening Position Disclosure must
contain details of the person's interests and short positions in, and rights
to subscribe for, any relevant securities of each of (i) the offeree company
and (ii) any securities exchange offeror(s). An Opening Position Disclosure by
a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm
(London time) on the 10th business day following the commencement of the offer
period and, if appropriate, by no later than 3.30 pm (London time) on the 10th
business day following the announcement in which any securities exchange
offeror is first identified. Relevant persons who deal in the relevant
securities of the offeree company or of a securities exchange offeror prior to
the deadline for making an Opening Position Disclosure must instead make a
Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1%
or more of any class of relevant securities of the offeree company or of any
securities exchange offeror must make a Dealing Disclosure if the person deals
in any relevant securities of the offeree company or of any securities
exchange offeror. A Dealing Disclosure must contain details of the dealing
concerned and of the person's interests and short positions in, and rights to
subscribe for, any relevant securities of each of (i) the offeree company and
(ii) any securities exchange offeror(s), save to the extent that these details
have previously been disclosed under Rule 8. A Dealing Disclosure by a person
to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London
time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding,
whether formal or informal, to acquire or control an interest in relevant
securities of an offeree company or a securities exchange offeror, they will
be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by
any offeror and Dealing Disclosures must also be made by the offeree company,
by any offeror and by any persons acting in concert with any of them (see
Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant
securities Opening Position Disclosures and Dealing Disclosures must be made
can be found in the Disclosure Table on the Takeover Panel's website at
www.thetakeoverpanel.org.uk, including details of the number of relevant
securities in issue, when the offer period commenced and when any offeror was
first identified. You should contact the Panel's Market Surveillance Unit on
+44 (0)20 7638 0129 if you are in any doubt as to whether you are required to
make an Opening Position Disclosure or a Dealing Disclosure.

 

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