3 December 2020

LONDONMETRIC PROPERTY PLC

Scrip Calculation Price for Second Quarterly Dividend

On 19 November 2020, LondonMetric Property Plc ("Company") declared a second quarterly interim dividend of 2.1 pence per Ordinary Share ("Dividend") payable on 8 January 2021 to Shareholders on the register of members at the close of business on 27 November 2020.

The Company will offer Shareholders the opportunity to receive the Dividend in New Ordinary Shares instead of cash. The final Election Date is 11 December 2020.

The Scrip Calculation Price for the Dividend has been determined as 221.8 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 26 November 2020.

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.

-Ends-

For further information, please contact:

LondonMetric Property Plc                                                       +44 (0)20 7484 9000

Martin McGann

Gareth Price