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LondonMetric Property Plc declared a first quarterly interim dividend of 2.2 pence per Ordinary Share on 25 August 2021, payable on 8 October 2021 to shareholders on record as of 3 September 2021. The Company offers shareholders the option to receive this dividend in New Ordinary Shares, with a final Election Date of 17 September 2021, and a Scrip Calculation Price determined at 259.0 pence per Ordinary Share.
| Date | 9 Sept 2021 |
| Time | 10:45:42 |
| Category | Capital structure |
| ID | 2771L |
9 September 2021
LONDONMETRIC PROPERTY PLC
Scrip Calculation Price For First Quarterly Dividend
On 25 August 2021, LondonMetric Property Plc ("Company") declared a first quarterly interim dividend of 2.2 pence per Ordinary Share ("Dividend") payable on 8 October 2021 to Shareholders on the register of members at the close of business on 3 September 2021.
The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 17 September 2021.
The Scrip Calculation Price for the Dividend has been determined as 259.0 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 2 September 2021.
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.
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For further information, please contact:
Martin McGann
Gareth Price