LondonMetric Property PLC Scrip Calculation for Third Quarterly Dividend (5749T)
March 21 2019 - 5:49AM
UK Regulatory
TIDMLMP
RNS Number : 5749T
LondonMetric Property PLC
21 March 2019
21 March 2019
LONDONMETRIC PROPERTY PLC
Scrip Calculation Price for Third Quarterly Dividend
On 7 March 2019, LondonMetric Property Plc ("Company") declared
a third quarterly interim dividend of 1.9 pence per Ordinary Share
("Dividend") payable on 17 April 2019 to Shareholders on the
register of members at the close of business on 15 March 2019.
The Company will offer Shareholders the opportunity to receive
the Dividend in New Ordinary Shares instead of cash. The final
Election Date is 29 March 2019.
The Scrip Calculation Price for the Dividend has been determined
as 194.1 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 14 March
2019.
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
www.londonmetric.com/investors/shareholder-information/dividends
and www.morningstar.co.uk/uk/NSM.
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 rns@lseg.com or visit www.rns.com.
END
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