LondonMetric Property PLC SCRIP CALCULATION (3422Z)
December 14 2017 - 3:00AM
UK Regulatory
TIDMLMP
RNS Number : 3422Z
LondonMetric Property PLC
14 December 2017
14 December 2017
LONDONMETRIC PROPERTY PLC
Scrip Calculation Price for Second Quarterly Dividend
On 29 November 2017, LondonMetric Property Plc ("Company")
declared a second quarterly interim dividend of 1.85 pence per
Ordinary Share ("Dividend") payable on 10 January 2018 to
Shareholders on the register of members at the close of business on
8 December 2017.
The Company will offer Shareholders the opportunity to receive
the Dividend in New Ordinary Shares instead of cash. The final
Election Date is 22 December 2017.
The Scrip Calculation Price for the Dividend has been determined
as 175.5 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 7 December
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, 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 company news service from the London Stock Exchange
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