LondonMetric Property PLC Scrip Calculation Price
RNS Number : 4351H
LondonMetric Property PLC
03 December 2020
3 December 2020
LONDONMETRIC PROPERTY PLC
Scrip Calculation Price for Second Quarterly Dividend
On 19 November 2020, LondonMetric Property Plc ("Company")
declared a second quarterly interim dividend of 2.1 pence per
Ordinary Share ("Dividend") payable on 8 January 2021 to
Shareholders on the register of members at the close of business on
27 November 2020.
The Company will offer Shareholders the opportunity to receive
the Dividend in New Ordinary Shares instead of cash. The final
Election Date is 11 December 2020.
The Scrip Calculation Price for the Dividend has been determined
as 221.8 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 26 November
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
December 03, 2020 05:30 ET (10:30 GMT)