LondonMetric Property PLC Scrip Calculation Price for Q1 Dividend
RNS Number : 1052Y
LondonMetric Property PLC
04 September 2020
4 September 2020
LONDONMETRIC PROPERTY PLC
Scrip Calculation Price for First Quarterly Dividend
On 20 August 2020, LondonMetric Property Plc ("Company")
declared a first quarterly interim dividend of 2.1 pence per
Ordinary Share ("Dividend") payable on 7 October 2020 to
Shareholders on the register of members at the close of business on
28 August 2020.
The Company will offer Shareholders the opportunity to receive
the Dividend in New Ordinary Shares instead of cash. The final
Election Date is 17 September 2020.
The Scrip Calculation Price for the Dividend has been determined
as 235.5 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 27 August
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
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
For further information, please contact:
LondonMetric Property Plc +44 (0)20 7484 9000
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(END) Dow Jones Newswires
September 04, 2020 07:28 ET (11:28 GMT)