REG - LondonMetric - Scrip Calculation Price - First Quarterly Dividend

Londonmetric PropertyAnnouncement

07/09/2023 11:15

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RNS Number : 7416L  LondonMetric Property PLC  07 September 2023

7 September 2023

 

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price For First Quarterly Dividend

 

On 23 August 2023, LondonMetric Property Plc ("Company") declared a first
quarterly interim dividend of 2.4 pence per Ordinary Share ("Dividend")
payable on 9 October 2023 to Shareholders on the register of members at the
close of business on 1 September 2023.

 

The Company will offer Shareholders the opportunity to receive the Dividend in
New Ordinary Shares instead of cash. The final Election Date is 15 September
2023.

 

The Scrip Calculation Price for the Dividend has been determined as 176.4
pence per Ordinary Share. This is the average closing mid-market price of an
Ordinary Share for the five Business Days commencing with, and including, the
Ex-dividend Date of 31 August 2023.

 

If Shareholders would like to elect for the Scrip Dividend Alternative they
should consult the circular containing the terms and conditions of the Scheme
("Circular") which is available at
https://www.londonmetric.com/investors/shareholder-information-and-governance
(https://www.londonmetric.com/investors/shareholder-information-and-governance)

and https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

Words and expressions defined in the Circular dated 8 September 2016, as
updated from time to time, have the same meanings in this announcement.

 

-Ends-

 

 

For further information, please contact:

 

LondonMetric Property Plc                                                       +44 (0)20 7484 9000

Martin McGann

Gareth Price

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