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LondonMetric - Scrip Calculation Price for Q4 Dividend

RNS Number : 0746R
LondonMetric Property PLC
25 June 2020
 

25 June 2020

 

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price for Fourth Quarterly Dividend

 

On 10 June 2020, LondonMetric Property Plc ("Company") declared a fourth quarterly interim dividend of 2.3 pence per Ordinary Share ("Dividend") payable on 22 July 2020 to Shareholders on the register of members at the close of business on 19 June 2020.

 

The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 3 July 2020.

 

The Scrip Calculation Price for the Dividend has been determined as 219.0 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 18 June 2020.

 

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 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


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: LondonMetric Property PLC

Price: 219

Market: LSE
Market Cap: £1.99 billion
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