LondonMetric Property PLC Scrip Calculation Price (9543R)
15 December 2016 - 9:07PM
UK Regulatory
TIDMLMP
RNS Number : 9543R
LondonMetric Property PLC
15 December 2016
15 December 2016
LONDONMETRIC PROPERTY PLC
Scrip Calculation Price for Second Quarterly Dividend
On 30 November 2016, LondonMetric Property Plc ("Company")
declared a second quarterly interim dividend of 1.8 pence per
Ordinary Share ("Dividend") payable on 11 January 2017 to
Shareholders on the register of members at the close of business on
9 December 2016.
The Company will offer Shareholders the opportunity to receive
the Dividend in New Ordinary Shares instead of cash. The final
Election Date is 23 December 2016.
The Scrip Calculation Price for the Dividend has been determined
as 145.5 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 8 December
2016.
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 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 company news service from the London Stock Exchange
END
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December 15, 2016 05:07 ET (10:07 GMT)
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