15 Dec 2016 10:07
15 December 2016
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LONDONMETRIC PROPERTY PLC
Scrip Calculation Price for Second Quarterly Dividend
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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.
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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.
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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.
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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.
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Words and expressions defined in the Circular dated 8 September 2016 have the same meanings in this announcement.
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For further information, please contact:
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LondonMetric Property Plc +44 (0)20 7484 9000
Martin McGann
Gareth Price