Scrip Calculation Price - Third Quarterly Dividend

LondonMetric Property PLC

07 March 2024

 

7 March 2024

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price For Third Quarterly Dividend

On 22 February 2024, LondonMetric Property Plc ("Company") declared a third quarterly interim dividend of 2.4 pence per Ordinary Share ("Dividend") payable on 8 April 2024 to Shareholders on the register of members at the close of business on 1 March 2024.

The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 15 March 2024.

The Scrip Calculation Price for the Dividend has been determined as 184.7 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 29 February 2024.

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

and 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                                                       [phone]

Martin McGann

Gareth Price

 

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