LondonMetric Property PLC Scrip Calculation Price (4351H)

TIDMLMP

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 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 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

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 [e-mail] 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.

END

DIVGCBDDDUGDGGX

(END) Dow Jones Newswires

December 03, 2020 05:30 ET (10:30 GMT)