Scrip Calculation Price

RNS Number : 3946I

Land Securities Group PLC

02 July 2013

 



LAND SECURITIES GROUP PLC

2 July 2013

LAND SECURITIES GROUP PLC

SCRIP CALCULATION PRICE AND PAYMENT DATE

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

On 15 May 2013, the Company announced a final dividend of 7.6 pence per Ordinary Share for the financial year ended 31 March 2013.  The scrip calculation price for those who elected to receive the scrip alternative is 877.70 pence.

The scrip calculation price was 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 25 June 2013 to 1 July 2013 (inclusive). The deadline for applications under the Scheme was 24 June 2013. 

The payment of the dividend will occur, subject to approval by shareholders at the Company's AGM to be held on 18 July 2013, on 19 July 2013 to shareholders on the register on 21 June 2013.

Copies of the Mandate Form and terms and conditions for the Scheme may be obtained from Equiniti (UK callers: 0871 384 2268, calls charged at 8p per minute from a BT landline) overseas callers: [phone]) or from www.landsecurities.com  

Name of person making notification:                 Phil Higgins, Deputy Secretary

Contact number:                                            020 7413 9000

Date of notification:                                        2 July 2013

 

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