LondonMetric Property PLC Scrip Calculation Price
June 20 2024 - 6:45AM
RNS Regulatory News
RNS Number : 2590T
LondonMetric Property PLC
20 June 2024
20 June 2024
LONDONMETRIC PROPERTY
PLC
Scrip Calculation Price For
Fourth Quarterly Dividend
On 4 June 2024, LondonMetric
Property Plc ("Company") declared a fourth quarterly interim
dividend of 3.0 pence per Ordinary Share ("Dividend") payable on 22
July 2024 to Shareholders on the register of members at the close
of business on 14 June 2024.
The Company will offer Shareholders
the opportunity to receive the Dividend in New Ordinary Shares
instead of cash. The final Election Date is 28 June
2024.
The Scrip Calculation Price for the
Dividend has been determined as 194.8 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 13 June 2024.
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
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