LondonMetric Property PLC SCRIP CALCULATION (1248Q)
07 September 2017 - 8:40PM
UK Regulatory
TIDMLMP
RNS Number : 1248Q
LondonMetric Property PLC
07 September 2017
7 September 2017
LONDONMETRIC PROPERTY PLC
Scrip Calculation Price for First Quarterly Dividend
On 23 August 2017, LondonMetric Property Plc ("Company")
declared a first quarterly interim dividend for FY 2017/18 of 1.85
pence per Ordinary Share ("Dividend") payable on 6 October 2017 to
Shareholders on the register of members at the close of business on
1 September 2017.
The Company will offer Shareholders the opportunity to receive
the Dividend in New Ordinary Shares instead of cash. The final
Election Date is 15 September 2017.
The Scrip Calculation Price for the Dividend has been determined
as 165.9 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 31 August
2017.
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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