Scrip Calculation Price

RNS Number : 2771L

LondonMetric Property PLC

09 September 2021

 

9 September 2021

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price For First Quarterly Dividend

On 25 August 2021, LondonMetric Property Plc ("Company") declared a first quarterly interim dividend of 2.2 pence per Ordinary Share ("Dividend") payable on 8 October 2021 to Shareholders on the register of members at the close of business on 3 September 2021.

The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 17 September 2021.

The Scrip Calculation Price for the Dividend has been determined as 259.0 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 2 September 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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