REG - LondonMetric - Scrip Calculation Price

Londonmetric PropertyAnnouncement

08/09/2022 11:00

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RNS Number : 7843Y  LondonMetric Property PLC  08 September 2022

8 September 2022

 

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price For First Quarterly Dividend

 

On 24 August 2022, LondonMetric Property Plc ("Company") declared a first
quarterly interim dividend of 2.3 pence per Ordinary Share ("Dividend")
payable on 7 October 2022 to Shareholders on the register of members at the
close of business on 2 September 2022.

 

The Company will offer Shareholders the opportunity to receive the Dividend in
New Ordinary Shares instead of cash. The final Election Date is 16 September
2022.

 

The Scrip Calculation Price for the Dividend has been determined as 205.4
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 1 September 2022.

 

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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