Dividend Declaration

RNS Number : 2226E

Land Securities Group Plc

16 December 2009

 



16 December 2009

Page 1 of 1     

For immediate release 

Land Securities Group PLC ("Land Securities")

SCRIP DIVIDEND SCHEME

Land Securities Group PLC (the "Company") has offered all shareholders the opportunity to elect for Ordinary Shares credited as fully paid, in lieu of cash dividends by participating in a Scrip Dividend Scheme (the "Scheme").

In relation to the Second Interim Dividend, which will be paid on 15 January 2010, the Scrip Calculation Price used to calculate the price of a New Ordinary Share issued under the Scheme has been set at 640.30 pence. This is the average of the closing middle market quotations of an Ordinary Share, derived from the London Stock Exchange Daily Official List, for the five consecutive business days from 9 December 2009 to 15 December 2009 (inclusive).

Shareholders wishing to join the Scheme in respect of the Second Interim Dividend must either submit a Mandate Form to the Company's Registrar, Equiniti at Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA or make an election to do so via Euroclear UK & Ireland not later than the 22 December 2009. Copies of the Mandate Form and the terms and conditions booklet for the Scheme may be obtained from Equiniti (UK callers: 0871 384 2268, overseas callers: [phone]) or from the Company's website www.landsecurities.com.

Defined terms used in this announcement have the same meaning as in the terms and conditions booklet.

Name of person making notification:       Peter Dudgeon, Company Secretary

Contact number:                                      020 7413 9000

Date of notification:                                  16 December 2009

-Ends-

 

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