LMP.L

LondonMetric Property Plc
LondonMetric - Scrip Calculation Price
5th September 2024, 08:00
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RNS Number : 0543D
LondonMetric Property PLC
05 September 2024
 

5 September 2024

 

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price For First Quarterly Dividend

 

On 21 August 2024, LondonMetric Property Plc ("Company") declared a first quarterly interim dividend of 2.85 pence per Ordinary Share ("Dividend") payable on 8 October 2024 to Shareholders on the register of members at the close of business on 30 August 2024.

 

The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 13 September 2024.

 

The Scrip Calculation Price for the Dividend has been determined as 201.6 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 29 August 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.

 

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For further information, please contact:

 

LondonMetric Property Plc                                                       +44 (0)20 7484 9000

Martin McGann

Gareth Price

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