Scrip Calculation Price

RNS Number : 0698J
LondonMetric Property PLC
08 December 2022
 

8 December 2022

 

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price For Second Quarterly Dividend

 

On 23 November 2022, LondonMetric Property Plc ("Company") declared a second quarterly interim dividend of 2.3 pence per Ordinary Share ("Dividend") payable on 10 January 2023 to Shareholders on the register of members at the close of business on 2 December 2022.

 

The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 16 December 2022.

 

The Scrip Calculation Price for the Dividend has been determined as 180.3 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 1 December 2022.

 

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     +44 (0)20 7484 9000

Martin McGann

Gareth Price

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DIVBVLFBLLLFFBV
UK 100

Latest directors dealings