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Scrip Calculation Price - Third Quarterly Dividend

13th Mar 2025 11:06

RNS Number : 5819A
LondonMetric Property PLC
13 March 2025
 

13 March 2025

 

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price For Third Quarterly Dividend

 

On 27 February 2025, LondonMetric Property Plc ("Company") declared a third quarterly interim dividend of 3.0 pence per Ordinary Share ("Dividend") payable on 11 April 2025 to Shareholders on the register of members at the close of business on 7 March 2025.

 

The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 21 March 2025.

 

The Scrip Calculation Price for the Dividend has been determined as 177.3 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 6 March 2025.

 

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.

 

-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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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