REG - LondonMetric - Scrip Calculation Price - Third Quarterly Dividend

Londonmetric PropertyAnnouncement

13/03/2025 11:15

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RNS Number : 5819A  LondonMetric Property PLC  13 March 2025

13 March 2025

 

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price For Third Quarterly Dividend

 

On 27 February 2025, LondonMetric Property Plc ("Company") declared a third
quarterly interim dividend of 3.0 pence per Ordinary Share ("Dividend")
payable on 11 April 2025 to Shareholders on the register of members at the
close of business on 7 March 2025.

 

The Company will offer Shareholders the opportunity to receive the Dividend in
New Ordinary Shares instead of cash. The final Election Date is 21 March 2025.

 

The Scrip Calculation Price for the Dividend has been determined as 177.3
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 6 March 2025.

 

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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