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624.50    4.00 (0.64%)
Bid:
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Spread: 1.00 (0.16%)
Market Cap: £4.65b
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Scrip Price

29 Jun 2011 12:00

RNS Number : 3550J
Land Securities Group Plc
29 June 2011
 



LAND SECURITIES GROUP PLC

 

 

 

29 June 2011

 

 

 

LAND SECURITIES GROUP PLC

SCRIP CALCULATION PRICE AND PAYMENT DATE

 

Land Securities Group PLC (the "Company") offers shareholders the opportunity to elect for Ordinary Shares credited as fully paid in lieu of cash dividends by participating in it's Scrip Dividend Scheme (the "Scheme").

 

On 19 May 2011, the Company announced a Final Dividend of 7.2 pence per Ordinary Share for the financial year ended 31 March 2011. For shareholders wishing to elect for the scrip alternative, the scrip calculation price used will be 833 pence.

 

The payment of the dividend will occur, subject to shareholder approval, on 28 July 2011 to shareholders on the register on 24 June 2011.

 

The scrip calculation price is the average of the closing middle market quotations of an Ordinary Share, derived from the London Stock Exchange Daily Official List, for the five consecutive business days from 22 to 28 June 2011 (inclusive).

 

The deadline for applications under the Scheme is 7 July 2011.

 

Copies of the Mandate Form and terms and conditions for the Scheme may be obtained from Equiniti (UK callers: 0871 384 2268, calls charged at 8p per minute from a BT landline) overseas callers: +44 121 415 7046) or from www.landsecurities.com

 

 

Name of person making notification: Phil Higgins, Deputy Secretary

 

Contact number: 020 7413 9000

 

Date of notification: 29 June 2011

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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