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Londonmetric Property PLC

LMPL.L

Latest Trade

229.20GBp

Change

0.20(+0.09%)

Volume

2,125,030

Today's Range

228.00

 - 

230.20

52 Week Range

171.50

 - 

230.40

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Londonmetric Announces Office Disposal And Sale Of Distribution Warehouse

Oct 14 (Reuters) - Londonmetric Property PLC <LMPL.L>::LONDONMETRIC - OFFICE DISPOSAL AND SALE OF DISTRIBUTION WAREHOUSE.LONDONMETRIC PROPERTY PLC - SOLD AN OFFICE AND A DISTRIBUTION WAREHOUSE FOR A COMBINED CONSIDERATION OF £11.6 MILLION AT MATERIAL PREMIUMS TO BOOK VALUE.

Londonmetric Property Declares 5.3% Increase In Q1 Interim Dividend For FY 2019/20

Aug 21 (Reuters) - Londonmetric Property PLC <LMPL.L>::DECLARES A 5.3% INCREASE IN Q1 INTERIM DIVIDEND FOR FY 2019/20 TO 2.0 PENCE PER ORDINARY SHARE.

Londonmetric To Buy Distribution Warehouse For 24 Mln Stg

Aug 19 (Reuters) - Londonmetric Property PLC <LMPL.L>::ACQUISITION OF WAREHOUSE DEVELOPMENT FOR £24M.CONSTRUCTION COMMENCES IMMINENTLY AND IS EXPECTED TO COMPLETE IN MID-2020.AGREED TO PURCHASE AND FUND A NEW 232,000 SQ FT DISTRIBUTION WAREHOUSE FOR £24.0 MILLION.

Londonmetric Announces Acquisition Of Distribution Warehouse For £18 Mln

Aug 8 (Reuters) - Londonmetric Property PLC <LMPL.L>::ACQUISITION OF DISTRIBUTION WAREHOUSE FOR £18M.ANNOUNCES THAT IT HAS PURCHASED A SOUTH COAST REGIONAL DISTRIBUTION WAREHOUSE FOR £17.8 MILLION, REFLECTING A NIY OF 9.0%..

LondonMetric Agrees To Acquire A & J Mucklow In Cash-Stock $524 Mln Deal

May 23 (Reuters) - Londonmetric Property PLC <LMPL.L>::RECOMMENDED CASH AND SHARE OFFER FOR A&J MUCKLOW.UNDER TERMS OF COMBINATION, FOR EACH MUCKLOW ORDINARY SHARE, MUCKLOW SHAREHOLDERS WILL BE ENTITLED TO RECEIVE: 2.19 NEW LONDONMETRIC SHARES AND 204.5 PENCE IN CASH.COMBINATION VALUES EACH MUCKLOW ORDINARY EARNINGS PER SHARE AT 655.2 PENCE.COMBINATION VALUES ENTIRE ISSUED AND TO BE ISSUED ORDINARY SHARE CAPITAL OF MUCKLOW AT APPROXIMATELY £414.7 MILLION.COMBINATION IS EXPECTED TO BE IMMEDIATELY EARNINGS ACCRETIVE.COMBINATION REPRESENTS A PREMIUM OF APPROXIMATELY 19.7 PER CENT. TO CLOSING PRICE PER MUCKLOW ORDINARY SHARE OF 547.5P.ELIGIBLE MUCKLOW SHAREHOLDERS WILL BE ABLE TO ELECT TO VARY PROPORTION OF CASH, NEW LONDONMETRIC SHARES THEY RECEIVE.FOLLOWING COMPLETION OF COMBINATION, EXISTING LONDONMETRIC SHAREHOLDERS WILL HOLD 83.5%, MUCKLOW SHAREHOLDERS 16.5%. IN COMBINED.OFFER MADE RELATES ONLY TO MUCKLOW ORDINARY SHARES NOT MUCKLOW PREFERENCE SHARES, FOR WHICH NO OFFER IS BEING MADE BY CO.MUCKLOW DIRECTORS INTEND UNANIMOUSLY TO RECOMMEND THAT MUCKLOW SHAREHOLDERS VOTE IN FAVOUR OF SCHEME.MUCKLOW DIRECTORS CONSIDER TERMS OF COMBINATION TO BE FAIR AND REASONABLE.VARIOUS MEMBERS OF MUCKLOW FAMILY HAVE UNDERTAKEN IRREVOCABLY TO VOTE IN FAVOUR OF SCHEME.RECEIVED IRREVOCABLE UNDERTAKINGS FROM UNICORN ASSET, TR PROPERTY INVESTMENT AND WESLEYAN ASSURANCE SOCIETY TO VOTE IN FAVOUR.

Londonmetric Says FY Net Rental Income Up 3.5%, FY EPRA NAV Per Share Up 5.9%

May 23 (Reuters) - Londonmetric Property PLC <LMPL.L>::FINAL RESULTS.LONDONMETRIC PROPERTY PLC FY NET RENTAL INCOME UP 3.5% TO £93.8M.FY EPRA NAV PER SHARE UP 5.9% TO 174.9P, IFRS NAV PER SHARE UP 5.4% TO 174.7P.FY DIVIDEND INCREASED 3.8% TO 8.2P, 107% COVERED BY EPRA EPS, INCLUDING Q4 DIVIDEND DECLARED TODAY OF 2.5P.

Londonmetric Sells Two Warehouses In Yorkshire For 67 Mln Stg

March 25 (Reuters) - Londonmetric Property PLC <LMPL.L>::DISPOSAL OF TWO WAREHOUSES IN YORKSHIRE FOR £67M.DISPOSAL OF TWO LOGISTICS WAREHOUSES, IN SHEFFIELD AND WAKEFIELD, FOR £67.0 MILLION, TO EXETER PROPERTY GROUP..

Londonmetric To Sell Three Shorter Let Warehouses For 24 Mln Stg

Jan 7 (Reuters) - Londonmetric Property PLC <LMPL.L>::LONDONMETRIC - SALE OF THREE SHORTER LET WAREHOUSES FOR £24M.LONDONMETRIC PROPERTY PLC - PROPOSED DEAL FOR £24.3 MILLION TO VARIOUS BUYERS.

Londonmetric Says Occupiers Seeking Additional Distribution Space Ahead Of Brexit

Nov 28 (Reuters) - Londonmetric Property PLC <LMPL.L>::HY NET RENTAL INCOME £ 47.1 MILLION VERSUS £ 44.5 MILLION.HY EPRA EPS 4.4P.HY REPORTED PROFIT WAS £79.3M.GROWING EVIDENCE THAT OCCUPIERS ARE INTENSIFYING SEARCH FOR ADDITIONAL DISTRIBUTION SPACE AHEAD OF BREXIT.CONTINUED TO REDUCE REMAINING EXPOSURE TO MULTI LET GENERAL MERCHANDISE MARKET WHICH IS FACING INCREASING DISRUPTION."BELIEVES THERE IS STILL MORE VALUE DESTRUCTION TO COME AS YIELDS EXPAND, MORE RETAILERS FAIL AND RENTS FALL".

Londonmetric Sells Martlesham Heath Retail Park For 22 Mln Stg

Nov 19 (Reuters) - Londonmetric Property PLC <LMPL.L>::SALE OF MARTLESHAM HEATH RETAIL PARK FOR £22M.SOLD ITS RETAIL PARK IN MARTLESHAM HEATH, IPSWICH.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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