LondonMetric Property PLC Dividend Declaration

RNS Number : 8821P

LondonMetric Property PLC

12 December 2024

 

12 December 2024

 

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price For Second Quarterly Dividend

 

On 26 November 2024, LondonMetric Property Plc ("Company") declared a second quarterly interim dividend of 2.85 pence per Ordinary Share ("Dividend") payable on 13 January 2025 to Shareholders on the register of members at the close of business on 6 December 2024.

 

The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 20 December 2024.

 

The Scrip Calculation Price for the Dividend has been determined as 185.8 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 5 December 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.

 

-Ends-

 

 

For further information, please contact:

 

LondonMetric Property Plc                                                       [phone]

Martin McGann

Gareth Price

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