LondonMetric Property PLC SCRIP CALCULATION (3998A)
March 24 2017 - 2:00AM
UK Regulatory
TIDMLMP
RNS Number : 3998A
LondonMetric Property PLC
24 March 2017
24 March 2017
LONDONMETRIC PROPERTY PLC
Scrip Calculation Price for Third Quarterly Dividend
On 9 March 2017, LondonMetric Property Plc ("Company") declared
a third quarterly interim dividend of 1.8 pence per Ordinary Share
("Dividend") payable on 18 April 2017 to Shareholders on the
register of members at the close of business on 17 March 2017.
The Company will offer Shareholders the opportunity to receive
the Dividend in New Ordinary Shares instead of cash. The final
Election Date is 31 March 2017.
The Scrip Calculation Price for the Dividend has been determined
as 153.84 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 16 March
2017.
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
www.londonmetric.com/investors/shareholder-information/dividends
and www.morningstar.co.uk/uk/NSM.
Words and expressions defined in the Circular dated 8 September
2016 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 company news service from the London Stock Exchange
END
MSCEAPDDAFKXEFF
(END) Dow Jones Newswires
March 24, 2017 03:00 ET (07:00 GMT)
Londonmetric Property (LSE:LMP)
Historical Stock Chart
From Apr 2024 to May 2024
Londonmetric Property (LSE:LMP)
Historical Stock Chart
From May 2023 to May 2024