Scrip Calculation Price

RNS Number : 8561T

Land Securities Group Plc

13 December 2011

 



LAND SECURITIES GROUP PLC

13 December 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 10 November 2011, the Company announced a first interim dividend of 7.2 pence per Ordinary Share for the financial year ending 31 March 2012.  The scrip calculation price for those who elected to receive the scrip alternative is 656.2 pence.

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 6 to 12 December 2011 (inclusive). The deadline for applications under the Scheme was 5 December 2011. 

The payment of the dividend will occur on 9 January 2012 to shareholders on the register on 2 December 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: [phone]) or from www.landsecurities.com  

Name of person making notification:                Phil Higgins, Deputy Secretary

Contact number:                                            020 7413 9000

Date of notification:                                        13 December 2011

 

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