Scrip Calculation Price

RNS Number : 7451S

LondonMetric Property PLC

18 March 2021

 

18 March 2021

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price for Third Quarterly Dividend

On 4 March 2021, LondonMetric Property Plc ("Company") declared a third quarterly interim dividend of 2.1 pence per Ordinary Share ("Dividend") payable on 15 April 2021 to Shareholders on the register of members at the close of business on 12 March 2021.

The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 26 March 2021.

The Scrip Calculation Price for the Dividend has been determined as 212.4 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 11 March 2021.

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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