REG - LondonMetric - Scrip Calculation Price

Londonmetric PropertyAnnouncement

20/06/2024 12:45

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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
(https://www.londonmetric.com/investors/shareholder-information-and-governance)

and https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(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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