Scrip Price

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: [phone]) 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

 

END

 

 

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