LondonMetric Announces Additional Share Listing for Dividend Scheme

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LondonMetric Property ( (GB:LMP) ) has shared an update.

LondonMetric Property Plc has announced the issuance of 801,963 ordinary shares as part of a scrip dividend scheme, related to its second quarterly interim dividend of 2.85 pence per share. These shares will be admitted to the Official List and begin trading on the London Stock Exchange on 13 January 2025. The company’s share capital will then consist of 2,048,108,416 ordinary shares, impacting the voting rights calculations for shareholders.

More about LondonMetric Property

LondonMetric Property Plc operates in the real estate sector, focusing on property investment and management. The company primarily deals in logistics and distribution properties, catering to the growing demand in the logistics market.

YTD Price Performance: -0.67%

Average Trading Volume: 5,568,649

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £3.66B

For detailed information about LMP stock, go to TipRanks’ Stock Analysis page.

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