View ValuationThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsLXI REIT 향후 성장Future 기준 점검 3/6LXI REIT 의 수익은 연간 7.3% 감소할 것으로 예상되는 반면, 연간 수익은 104.1% 로 증가할 것으로 예상됩니다.핵심 정보104.1%이익 성장률n/aEPS 성장률REITs 이익 성장16.0%매출 성장률-7.3%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트05 Mar 2024최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Mar 07FCA Cancels the Listing of LXI REIT Shares on the Premium Listing Segment of the Official ListLXI REIT plc announced further to the announcement made by the boards of LXi REIT plc (‘LXi’) and LondonMetric Property Plc on 5 March 2024 that the Scheme has become Effective in accordance with its terms, LXi announced that, following an application made by LXi, the Financial Conduct Authority has cancelled the listing of LXi Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of LXi Shares on the Main Market, in each case with effect from 8.00 a.m. 6 March 2024.공시 • Mar 06+ 1 more updateLondonMetric Property Plc (LSE:LMP) completed the acquisition of LXI REIT plc (LSE:LXI) from Prestbury Incentives Ltd, Prestbury Investment Holdings Ltd, Artemis Investment Management LLP and others.LondonMetric Property Plc (LSE:LMP) entered into agreement to acquire LXI REIT plc (LSE:LXI) from Prestbury Incentives Ltd, Prestbury Investment Holdings Ltd, Artemis Investment Management LLP and others for £1.7 billion on January 11, 2024. Under the terms of the Merger, each LXi Shareholder will be entitled to receive, for each LXi Share held: 0.55 New LondonMetric Shares (the "Exchange Ratio"). Under the terms, the transaction is intended that the Merger will be effected by means of a scheme of arrangement under Part 26 of the Companies Act. Following completion of the Merger, existing LondonMetric Shareholders will hold approximately 54 per cent. and LXi Shareholders will hold approximately 46 per cent. of the enlarged issued share capital of LondonMetric. The boards of directors of each of LondonMetric and LXi believe that the Merger would build on the strengths and strong track records of both companies to create a new major UK REIT, aligned to structurally supported sectors with high barriers to entry and income security, with a low cost base, better access to capital through greater scale, and enhanced scope for capital recycling and asset management to drive compounding income growth and total returns for shareholders. The Merger would result in, the creation of a new major UK REIT, with the Combined Group having a EPRA NTA of approximately £4.1 billion, becoming the fourth largest UK REIT, providing better access to capital and increasing share liquidity. Post completion of the transaction, holding in the Combined Group to be held by Nick Leslau and certain entities associated with him of 52,788,123 LondonMetric Shares. On the Effective Date, LXiwill become a wholly-owned subsidiary of LondonMetric and share certificates in respect of LXiShares will cease to be valid and should be destroyed. In addition, entitlements to LXi Shares held within the CREST system will be cancelled on the Effective Date. Prior to the Scheme becoming Effective, applications will be made to the FCA for the cancellation of the listing of LXi Shares on the Official List, and to the London Stock Exchange to cancel the trading of the LXi Shares on the Main Market, in each case to take effect from or shortly after the Effective Date. Fractions of the New LondonMetric Shares will not be allotted or issued pursuant to the Merger, but entitlements of Scheme Shareholders will be rounded down to the nearest whole number of New LondonMetric Shares and all fractions of New LondonMetric Shares will be aggregated and sold in the market as soon as practicable after the Merger becomes Effective. The LXi Directors, who have been so advised by Lazard and Jefferies as to the financial terms of the Merger, unanimously consider the terms of the Merger to be fair and reasonable. Accordingly, the LXi Directors intend to recommend unanimously that LXi Shareholders vote in favour of the Scheme at the Court Meeting and vote in favour of the LXi Resolution to be proposed at the LXi General Meeting. Similarly, the LondonMetric Directors consider the Merger to be in the best interests of LondonMetric Shareholders as a whole and, accordingly, the LondonMetric Directors intend to recommend unanimously to LondonMetric Shareholders to vote in favour of the LondonMetric Resolution to be proposed at the LondonMetric General Meeting which is to be convened to approve the Merger and related matters. Following completion of the Merger, it is expected that Nick Leslau will join the LondonMetric Board as a non-executive director. LondonMetric intends to delist LXi immediately following the Effective Date. Consequently, LXi will not require listed company governance structures and accordingly, it is intended that the LXi Directors will cease to be directors of LXi and its subsidiaries (as applicable) following completion of the Merger. Following the Effective Date, LondonMetric will remain listed on the premium listing segment of the Official List and admitted to trading on the Main Market. The registered office of LondonMetric will remain in London. The transaction is subject to the Panel's consent, LondonMetric reserves the right to elect to implement the Merger by way of a Takeover Offer. Under the terms of the Merger certain resolutions related to the Merger will be put to (i) the LXi Shareholders at the Court Meeting and at the LXi General Meeting and (ii) the LondonMetric Shareholders at the LondonMetric General Meeting, and the Merger is conditional upon such resolutions being passed by the requisite majorities. In order to become Effective, the Scheme must be approved by a majority in number of Scheme Shareholders present and voting at the Court Meeting, either in person or by proxy, representing at least 75 per cent. in value of the Scheme Shares held by those Scheme Shareholders. In addition, at the LXi General Meeting, the LXi Resolution must be passed by LXi Shareholders representing at least 75 per cent. of the votes validly cast on that resolution, whether in person or by proxy. At the LondonMetric General Meeting, the LondonMetric Resolution requires the approval of a simple majority of votes cast, in person or by proxy, in order to be passed. The FCA having acknowledged to LondonMetric or its agent (and such acknowledgement not having been withdrawn) that the application for the admission of theNewLondonMetricSharesto listing on the premium listing segment of the Official List has been approved and (after satisfaction of any conditions to which such approval is expressed to be subject ("Listing Conditions")) admission will become effective as soon as a dealing notice has been issued by the FCA and any Listing Conditions having been satisfied. Including, all Authorisations required for the proposed acquisition of any shares or other securities (or the equivalent) in, or of control or management of, LXi or any other member of the Wider LXi Group by any member of the Wider LondonMetric Group having been obtained, in terms and in a form satisfactory to LondonMetric from all necessary Third Parties or persons with whom any member of the Wider LXi Group has entered into contractual arrangements or other material business relationships. It is expected that the Scheme will become Effective by 31 March 2024, subject to the satisfaction or waiver (as applicable) of the Conditions and the further terms set out. The net proceeds of such sale (after deduction of all expenses and commissions incurred in connection with the sale) will be distributed in due proportions to LXi Shareholders who would otherwise have been entitled to such fractions provided that individual entitlements to amounts of less than £5.00 will not be paid to Scheme Shareholders but will be retained for the benefit of LondonMetric. Patrick Long, Jolyon Coates and Sebastian O'Shea-Farren of Lazard & Co., Limited and Rishi Bhuchar, Tom Yeadon, Ed Matthews and Paul Bundred of Jefferies International Limited and Oliver Tucker, Ting Le Deng and Benni Azaria of Santander Corporate & Investment Banking are providing independent financial advice to the LXi Directors. The LondonMetric Directors have received financial advice from Bronson Albery, Tom Macdonald, Callum West and Patrick Colgan of Barclays Bank PLC, Capel Irwin, Carl Gough, Michael Nicholson and Henry Nicholls of Peel Hunt LLP and Ashish Agrawal, Jonty Edwards and Dipayan Chakraborty of J.P. Morgan Cazenove in relation to the Merger. In providing their advice to the LondonMetric Directors. CMS Cameron McKenna Nabarro Olswang LLP is retained as legal adviser to LondonMetric. Benjamin Lee, Richard Werner, Mark Brailsford and Victoria Newbold of Bryan Cave Leighton Paisner LLP is retained as legal adviser to LXi. Link Market Services Limited acted as transfer agent to LXI. LondonMetric Property Plc (LSE:LMP) completed the acquisition of LXI REIT plc (LSE:LXI) from Prestbury Incentives Ltd, Prestbury Investment Holdings Ltd, Artemis Investment Management LLP and others on March 5, 2024. As on March 4, 2024, the Court had sanctioned the Scheme, the Boards of LXi and LondonMetric are pleased to announce that the Court Order has been delivered to the Registrar of Companies Pursuant to the terms of the Scheme, Scheme Shareholders whose names appear on the register of members of LXi will be entitled to receive 0.55 New LondonMetric Shares for each LXi Share held by them at that time. Cyrus Ardalan (Non-Executive Chairman), Hugh Seaborn (Non-Executive Senior Independent Director), Ismat Levin (Non-Executive Director), Sandy Gumm (Non-Executive Director) and Nick Leslau (Non-Executive Director) have each resigned from the LXi Board with effect from March 5, 2024. As on March 6, 2024, Financial Conduct Authority has cancelled the listing of LXi Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of LXi Shares on the Main Market공시 • Mar 05+ 3 more updatesLXI REIT plc(LSE:LXI) dropped from FTSE All-Share Index (GBP)LXI REIT plc(LSE:LXI) dropped from FTSE All-Share Index (GBP)공시 • Mar 01Travelodge Hotels Limited acquired 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI).Travelodge Hotels Limited agreed to acquire 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI) for £210 million on January 8, 2024. The portfolio includes hotels in London, Birmingham, Bath, Leeds, Liverpool, and roadside locations. Post completion of the acquisition, the group looked forward to continuing to work with LXi, which remains its largest landlord at another 69 Travelodge hotels. The purchase price for the transaction is expected to be funded through a combination of a further shareholder investment from Golden Tree, the proceeds of a third-party financing facility secured on the assets acquired in the transaction, and approximately £35 million of cash from Travelodge. Completion of the sale is scheduled to occur on February 28, 2024. The majority of the sale proceeds will be used to pay down debt reducing LXi’s loan to value (LTV) to 34% from 38% and reducing Travelodge’s proportion of group rent to 11% from 18%. The sale and debt repayment are not anticipated to have a material impact on the Company's earnings given the debt cost savings. GoldenTree Asset Management owner of Travelodge supported the acquisition of 66 Travelodge hotels from LXi REIT. Simon Kiff of Jones Day acted as legal advisor to Travelodge. Travelodge Hotels Limited completed the acquisition of 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI) on February 29, 2024.공시 • Jan 30LXI REIT plc Declares an Interim Quarterly Dividend in Respect of the Quarter Ended 31 December 2023, Payable on March 1, 2024LXI REIT plc declared an interim quarterly dividend in respect of the quarter ended 31 December 2023 of 1.65 pence per ordinary share, payable on 1 March 2024 to shareholders on the register at 9 February 2024. The ex-dividend date will be 8 February 2024.공시 • Jan 09Travelodge Hotels Limited agreed to acquire 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI) for £210 million.Travelodge Hotels Limited agreed to acquire 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI) for £210 million on January 8, 2024. The portfolio includes hotels in London, Birmingham, Bath, Leeds, Liverpool, and roadside locations. Post completion of the acquisition, the group looked forward to continuing to work with LXi, which remains its largest landlord at another 69 Travelodge hotels. The purchase price for the transaction is expected to be funded through a combination of a further shareholder investment from Golden Tree, the proceeds of a third-party financing facility secured on the assets acquired in the transaction, and approximately £35 million of cash from Travelodge. Completion of the sale is scheduled to occur on February 28, 2024. The majority of the sale proceeds will be used to pay down debt reducing LXi’s loan to value (LTV) to 34% from 38% and reducing Travelodge’s proportion of group rent to 11% from 18%. The sale and debt repayment are not anticipated to have a material impact on the Company's earnings given the debt cost savings. GoldenTree Asset Management owner of Travelodge supported the acquisition of 66 Travelodge hotels from LXi REIT.공시 • Dec 08LXI REIT plc Appoints Sandy Gumm as Member of the Audit Committee and Chair of the Audit CommitteeLXI REIT plc announced the appointment of Sandy Gumm will become a member of the Audit Committee and will assume the role of Chair of the Audit Committee with immediate effect. Sandy, who joined the LXi Board in July 2022 following completion of the merger with Secure Income REIT plc, is an experienced business and finance leader having spent over 25 years with Prestbury Group Plc, as Finance Director when it was established in 1997, and in 2007 became Chief Operating Officer. Sandy is a Chartered Accountant.공시 • Dec 04LXI REIT plc Announces John Cartwright,Non-Executive Director, Passed AwayBoard of LXI REIT plc announced that John Cartwright,Non-executive Director, passed away on 28 November 2023. John served on the Company's Board since its IPO in February 2017, bringing a wealth of experience from a distinguished career spanning over 35 years in the real estate and fund management sectors.공시 • Nov 30LXI REIT plc Declares an Interim Quarterly Dividend in Respect of the Quarter Ended 30 September 2023, payable on 10 January 2024The Board of LXi REIT plc declare an interim quarterly dividend in respect of the quarter ended 30 September 2023 of 1.65 pence per ordinary share, payable on 10 January 2024 to shareholders on the register at 8 December 2023. The ex-dividend date will be 7 December 2023. This is in line with the Company's annual dividend target of 6.60 pence per ordinary share for the year to 31 March 2024. The dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax exempt property rental business.공시 • Nov 24LXi REIT Confirms Offer for 66 HotelsUK real estate investment trust LXi REIT Plc (LSE:LXI) has received an offer for 66 Travelodgehotels to be sold for a total of GBP 210 million (USD 25 million/EUR 23 million), the company said on November 22, 2023. The statement came in response to media reports about a potential offer. The proposed price is in line with the hotels' book value as of September 30, according to LXI REIT. If the sale proceeds, the company will use most of the proceeds to repay debt. The Travelodge proportion of the total rent roll will be reduced to 11% from 18%. A deal is subject to signing an agreement and due diligence. The company will make an announcement with further details when they are agreed.공시 • Nov 21LXI REIT plc to Report First Half, 2024 Results on Nov 30, 2023LXI REIT plc announced that they will report first half, 2024 results on Nov 30, 2023공시 • Oct 10LXI REIT plc Continues to Target an Annual Dividend for the Twelve-Month Period to 31 March 2024LXI REIT plc continued to target an annual dividend of 6.6 pence per share for the twelve-month period to 31 March 2024.공시 • Sep 06LXI REIT plc Declares Interim Quarterly Dividend for the Quarter Ended 30 June 2023, Payable on 13 October 2023The Board of LXi REIT plc declared an interim quarterly dividend in respect of the quarter ended 30 June 2023 of 1.65 pence per ordinary share, payable on 13 October 2023 to shareholders on the register at 15 September 2023. The ex-dividend date will be 14 September 2023. This delivers on the Company's annual dividend target of 6.6 pence per ordinary share for the year to 31 March 2024.공시 • Jul 07LXI REIT plc, Annual General Meeting, Sep 07, 2023LXI REIT plc, Annual General Meeting, Sep 07, 2023, at 09:00 Coordinated Universal Time. Location: offices of Stephenson Harwood, at 1 Finsbury Circus London: United Kingdom공시 • Jun 09An unknown buyer acquired St Albans retail park from LXI REIT plc (LSE:LXI) for GBP 31 million.An unknown buyer acquired St Albans retail park from LXI REIT plc (LSE:LXI) for GBP 31 million on June 8, 2023. An unknown buyer completed the acquisition of St Albans retail park from LXI REIT plc (LSE:LXI) on June 8, 2023.공시 • Jun 08LXI REIT plc Declares Interim Quarterly Dividend for the Quarter Ended 31 March 2023, Payable on 7 July 2023LXI REIT plc declared an interim quarterly dividend in respect of the quarter ended 31 March 2023 of 1.575 pence per ordinary share, payable on 7 July 2023 to shareholders on the register at 16 June 2023. The ex-dividend date will be 15 June 2023. This delivers on the Company's annual dividend target of 6.3 pence per ordinary share for the year to 31 March 2023.공시 • May 15LXI REIT plc to Report Fiscal Year 2023 Results on Jun 07, 2023LXI REIT plc announced that they will report fiscal year 2023 results on Jun 07, 2023공시 • Feb 10LXi REIT plc Declares an Interim Quarterly Dividend for the Quarter Ended 31 December 2022, Payable on 10 March 2023The Board of LXi REIT plc declared an interim quarterly dividend Of 1.575 pence per ordinary share for the quarter ended 31 December 2022. This is in line with the Company's annual dividend target of 6.3 pence per ordinary share for the year to 31 March 2023. The dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax-exempt property rental business. The timetable is set out below: Ex-Dividend date: 16 February 2023, Record date: 17 February 2023 and Dividend payment date: 10 March 2023.이익 및 매출 성장 예측OTCPK:LXIL.F - 애널리스트 향후 추정치 및 과거 재무 데이터 (GBP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2026207261718913/31/20252262531018323/31/2024211-533619719/30/2023256-342171171N/A6/30/2023230-315170170N/A3/31/2023204-288170170N/A12/31/2022156-115144144N/A9/30/202210959118118N/A6/30/2022841108585N/A3/31/2022591625151N/A12/31/2021531404545N/A9/30/2021481183939N/A6/30/202145793434N/A3/31/202143402929N/A12/31/202042382727N/A9/30/202042362525N/A6/30/202040552525N/A3/31/202039742626N/A12/31/201934622525N/A9/30/201930512525N/A6/30/201926422222N/A3/31/201922342020N/A3/31/201871722N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: LXIL.F 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(2.3%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: LXIL.F (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: LXIL.F 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: LXIL.F 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -7.3%).고성장 매출: LXIL.F 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -7.3%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: LXIL.F의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/03/05 09:58종가2024/03/05 00:00수익2023/09/30연간 수익2023/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스LXI REIT plc는 4명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Eleanor FrewBarclaysMartyn KingEdison Investment ResearchJames CarswellPeel Hunt LLP1명의 분석가 더 보기
공시 • Mar 07FCA Cancels the Listing of LXI REIT Shares on the Premium Listing Segment of the Official ListLXI REIT plc announced further to the announcement made by the boards of LXi REIT plc (‘LXi’) and LondonMetric Property Plc on 5 March 2024 that the Scheme has become Effective in accordance with its terms, LXi announced that, following an application made by LXi, the Financial Conduct Authority has cancelled the listing of LXi Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of LXi Shares on the Main Market, in each case with effect from 8.00 a.m. 6 March 2024.
공시 • Mar 06+ 1 more updateLondonMetric Property Plc (LSE:LMP) completed the acquisition of LXI REIT plc (LSE:LXI) from Prestbury Incentives Ltd, Prestbury Investment Holdings Ltd, Artemis Investment Management LLP and others.LondonMetric Property Plc (LSE:LMP) entered into agreement to acquire LXI REIT plc (LSE:LXI) from Prestbury Incentives Ltd, Prestbury Investment Holdings Ltd, Artemis Investment Management LLP and others for £1.7 billion on January 11, 2024. Under the terms of the Merger, each LXi Shareholder will be entitled to receive, for each LXi Share held: 0.55 New LondonMetric Shares (the "Exchange Ratio"). Under the terms, the transaction is intended that the Merger will be effected by means of a scheme of arrangement under Part 26 of the Companies Act. Following completion of the Merger, existing LondonMetric Shareholders will hold approximately 54 per cent. and LXi Shareholders will hold approximately 46 per cent. of the enlarged issued share capital of LondonMetric. The boards of directors of each of LondonMetric and LXi believe that the Merger would build on the strengths and strong track records of both companies to create a new major UK REIT, aligned to structurally supported sectors with high barriers to entry and income security, with a low cost base, better access to capital through greater scale, and enhanced scope for capital recycling and asset management to drive compounding income growth and total returns for shareholders. The Merger would result in, the creation of a new major UK REIT, with the Combined Group having a EPRA NTA of approximately £4.1 billion, becoming the fourth largest UK REIT, providing better access to capital and increasing share liquidity. Post completion of the transaction, holding in the Combined Group to be held by Nick Leslau and certain entities associated with him of 52,788,123 LondonMetric Shares. On the Effective Date, LXiwill become a wholly-owned subsidiary of LondonMetric and share certificates in respect of LXiShares will cease to be valid and should be destroyed. In addition, entitlements to LXi Shares held within the CREST system will be cancelled on the Effective Date. Prior to the Scheme becoming Effective, applications will be made to the FCA for the cancellation of the listing of LXi Shares on the Official List, and to the London Stock Exchange to cancel the trading of the LXi Shares on the Main Market, in each case to take effect from or shortly after the Effective Date. Fractions of the New LondonMetric Shares will not be allotted or issued pursuant to the Merger, but entitlements of Scheme Shareholders will be rounded down to the nearest whole number of New LondonMetric Shares and all fractions of New LondonMetric Shares will be aggregated and sold in the market as soon as practicable after the Merger becomes Effective. The LXi Directors, who have been so advised by Lazard and Jefferies as to the financial terms of the Merger, unanimously consider the terms of the Merger to be fair and reasonable. Accordingly, the LXi Directors intend to recommend unanimously that LXi Shareholders vote in favour of the Scheme at the Court Meeting and vote in favour of the LXi Resolution to be proposed at the LXi General Meeting. Similarly, the LondonMetric Directors consider the Merger to be in the best interests of LondonMetric Shareholders as a whole and, accordingly, the LondonMetric Directors intend to recommend unanimously to LondonMetric Shareholders to vote in favour of the LondonMetric Resolution to be proposed at the LondonMetric General Meeting which is to be convened to approve the Merger and related matters. Following completion of the Merger, it is expected that Nick Leslau will join the LondonMetric Board as a non-executive director. LondonMetric intends to delist LXi immediately following the Effective Date. Consequently, LXi will not require listed company governance structures and accordingly, it is intended that the LXi Directors will cease to be directors of LXi and its subsidiaries (as applicable) following completion of the Merger. Following the Effective Date, LondonMetric will remain listed on the premium listing segment of the Official List and admitted to trading on the Main Market. The registered office of LondonMetric will remain in London. The transaction is subject to the Panel's consent, LondonMetric reserves the right to elect to implement the Merger by way of a Takeover Offer. Under the terms of the Merger certain resolutions related to the Merger will be put to (i) the LXi Shareholders at the Court Meeting and at the LXi General Meeting and (ii) the LondonMetric Shareholders at the LondonMetric General Meeting, and the Merger is conditional upon such resolutions being passed by the requisite majorities. In order to become Effective, the Scheme must be approved by a majority in number of Scheme Shareholders present and voting at the Court Meeting, either in person or by proxy, representing at least 75 per cent. in value of the Scheme Shares held by those Scheme Shareholders. In addition, at the LXi General Meeting, the LXi Resolution must be passed by LXi Shareholders representing at least 75 per cent. of the votes validly cast on that resolution, whether in person or by proxy. At the LondonMetric General Meeting, the LondonMetric Resolution requires the approval of a simple majority of votes cast, in person or by proxy, in order to be passed. The FCA having acknowledged to LondonMetric or its agent (and such acknowledgement not having been withdrawn) that the application for the admission of theNewLondonMetricSharesto listing on the premium listing segment of the Official List has been approved and (after satisfaction of any conditions to which such approval is expressed to be subject ("Listing Conditions")) admission will become effective as soon as a dealing notice has been issued by the FCA and any Listing Conditions having been satisfied. Including, all Authorisations required for the proposed acquisition of any shares or other securities (or the equivalent) in, or of control or management of, LXi or any other member of the Wider LXi Group by any member of the Wider LondonMetric Group having been obtained, in terms and in a form satisfactory to LondonMetric from all necessary Third Parties or persons with whom any member of the Wider LXi Group has entered into contractual arrangements or other material business relationships. It is expected that the Scheme will become Effective by 31 March 2024, subject to the satisfaction or waiver (as applicable) of the Conditions and the further terms set out. The net proceeds of such sale (after deduction of all expenses and commissions incurred in connection with the sale) will be distributed in due proportions to LXi Shareholders who would otherwise have been entitled to such fractions provided that individual entitlements to amounts of less than £5.00 will not be paid to Scheme Shareholders but will be retained for the benefit of LondonMetric. Patrick Long, Jolyon Coates and Sebastian O'Shea-Farren of Lazard & Co., Limited and Rishi Bhuchar, Tom Yeadon, Ed Matthews and Paul Bundred of Jefferies International Limited and Oliver Tucker, Ting Le Deng and Benni Azaria of Santander Corporate & Investment Banking are providing independent financial advice to the LXi Directors. The LondonMetric Directors have received financial advice from Bronson Albery, Tom Macdonald, Callum West and Patrick Colgan of Barclays Bank PLC, Capel Irwin, Carl Gough, Michael Nicholson and Henry Nicholls of Peel Hunt LLP and Ashish Agrawal, Jonty Edwards and Dipayan Chakraborty of J.P. Morgan Cazenove in relation to the Merger. In providing their advice to the LondonMetric Directors. CMS Cameron McKenna Nabarro Olswang LLP is retained as legal adviser to LondonMetric. Benjamin Lee, Richard Werner, Mark Brailsford and Victoria Newbold of Bryan Cave Leighton Paisner LLP is retained as legal adviser to LXi. Link Market Services Limited acted as transfer agent to LXI. LondonMetric Property Plc (LSE:LMP) completed the acquisition of LXI REIT plc (LSE:LXI) from Prestbury Incentives Ltd, Prestbury Investment Holdings Ltd, Artemis Investment Management LLP and others on March 5, 2024. As on March 4, 2024, the Court had sanctioned the Scheme, the Boards of LXi and LondonMetric are pleased to announce that the Court Order has been delivered to the Registrar of Companies Pursuant to the terms of the Scheme, Scheme Shareholders whose names appear on the register of members of LXi will be entitled to receive 0.55 New LondonMetric Shares for each LXi Share held by them at that time. Cyrus Ardalan (Non-Executive Chairman), Hugh Seaborn (Non-Executive Senior Independent Director), Ismat Levin (Non-Executive Director), Sandy Gumm (Non-Executive Director) and Nick Leslau (Non-Executive Director) have each resigned from the LXi Board with effect from March 5, 2024. As on March 6, 2024, Financial Conduct Authority has cancelled the listing of LXi Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of LXi Shares on the Main Market
공시 • Mar 05+ 3 more updatesLXI REIT plc(LSE:LXI) dropped from FTSE All-Share Index (GBP)LXI REIT plc(LSE:LXI) dropped from FTSE All-Share Index (GBP)
공시 • Mar 01Travelodge Hotels Limited acquired 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI).Travelodge Hotels Limited agreed to acquire 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI) for £210 million on January 8, 2024. The portfolio includes hotels in London, Birmingham, Bath, Leeds, Liverpool, and roadside locations. Post completion of the acquisition, the group looked forward to continuing to work with LXi, which remains its largest landlord at another 69 Travelodge hotels. The purchase price for the transaction is expected to be funded through a combination of a further shareholder investment from Golden Tree, the proceeds of a third-party financing facility secured on the assets acquired in the transaction, and approximately £35 million of cash from Travelodge. Completion of the sale is scheduled to occur on February 28, 2024. The majority of the sale proceeds will be used to pay down debt reducing LXi’s loan to value (LTV) to 34% from 38% and reducing Travelodge’s proportion of group rent to 11% from 18%. The sale and debt repayment are not anticipated to have a material impact on the Company's earnings given the debt cost savings. GoldenTree Asset Management owner of Travelodge supported the acquisition of 66 Travelodge hotels from LXi REIT. Simon Kiff of Jones Day acted as legal advisor to Travelodge. Travelodge Hotels Limited completed the acquisition of 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI) on February 29, 2024.
공시 • Jan 30LXI REIT plc Declares an Interim Quarterly Dividend in Respect of the Quarter Ended 31 December 2023, Payable on March 1, 2024LXI REIT plc declared an interim quarterly dividend in respect of the quarter ended 31 December 2023 of 1.65 pence per ordinary share, payable on 1 March 2024 to shareholders on the register at 9 February 2024. The ex-dividend date will be 8 February 2024.
공시 • Jan 09Travelodge Hotels Limited agreed to acquire 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI) for £210 million.Travelodge Hotels Limited agreed to acquire 66 Travelodge branded hotels of LXi REIT plc from LXI REIT plc (LSE:LXI) for £210 million on January 8, 2024. The portfolio includes hotels in London, Birmingham, Bath, Leeds, Liverpool, and roadside locations. Post completion of the acquisition, the group looked forward to continuing to work with LXi, which remains its largest landlord at another 69 Travelodge hotels. The purchase price for the transaction is expected to be funded through a combination of a further shareholder investment from Golden Tree, the proceeds of a third-party financing facility secured on the assets acquired in the transaction, and approximately £35 million of cash from Travelodge. Completion of the sale is scheduled to occur on February 28, 2024. The majority of the sale proceeds will be used to pay down debt reducing LXi’s loan to value (LTV) to 34% from 38% and reducing Travelodge’s proportion of group rent to 11% from 18%. The sale and debt repayment are not anticipated to have a material impact on the Company's earnings given the debt cost savings. GoldenTree Asset Management owner of Travelodge supported the acquisition of 66 Travelodge hotels from LXi REIT.
공시 • Dec 08LXI REIT plc Appoints Sandy Gumm as Member of the Audit Committee and Chair of the Audit CommitteeLXI REIT plc announced the appointment of Sandy Gumm will become a member of the Audit Committee and will assume the role of Chair of the Audit Committee with immediate effect. Sandy, who joined the LXi Board in July 2022 following completion of the merger with Secure Income REIT plc, is an experienced business and finance leader having spent over 25 years with Prestbury Group Plc, as Finance Director when it was established in 1997, and in 2007 became Chief Operating Officer. Sandy is a Chartered Accountant.
공시 • Dec 04LXI REIT plc Announces John Cartwright,Non-Executive Director, Passed AwayBoard of LXI REIT plc announced that John Cartwright,Non-executive Director, passed away on 28 November 2023. John served on the Company's Board since its IPO in February 2017, bringing a wealth of experience from a distinguished career spanning over 35 years in the real estate and fund management sectors.
공시 • Nov 30LXI REIT plc Declares an Interim Quarterly Dividend in Respect of the Quarter Ended 30 September 2023, payable on 10 January 2024The Board of LXi REIT plc declare an interim quarterly dividend in respect of the quarter ended 30 September 2023 of 1.65 pence per ordinary share, payable on 10 January 2024 to shareholders on the register at 8 December 2023. The ex-dividend date will be 7 December 2023. This is in line with the Company's annual dividend target of 6.60 pence per ordinary share for the year to 31 March 2024. The dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax exempt property rental business.
공시 • Nov 24LXi REIT Confirms Offer for 66 HotelsUK real estate investment trust LXi REIT Plc (LSE:LXI) has received an offer for 66 Travelodgehotels to be sold for a total of GBP 210 million (USD 25 million/EUR 23 million), the company said on November 22, 2023. The statement came in response to media reports about a potential offer. The proposed price is in line with the hotels' book value as of September 30, according to LXI REIT. If the sale proceeds, the company will use most of the proceeds to repay debt. The Travelodge proportion of the total rent roll will be reduced to 11% from 18%. A deal is subject to signing an agreement and due diligence. The company will make an announcement with further details when they are agreed.
공시 • Nov 21LXI REIT plc to Report First Half, 2024 Results on Nov 30, 2023LXI REIT plc announced that they will report first half, 2024 results on Nov 30, 2023
공시 • Oct 10LXI REIT plc Continues to Target an Annual Dividend for the Twelve-Month Period to 31 March 2024LXI REIT plc continued to target an annual dividend of 6.6 pence per share for the twelve-month period to 31 March 2024.
공시 • Sep 06LXI REIT plc Declares Interim Quarterly Dividend for the Quarter Ended 30 June 2023, Payable on 13 October 2023The Board of LXi REIT plc declared an interim quarterly dividend in respect of the quarter ended 30 June 2023 of 1.65 pence per ordinary share, payable on 13 October 2023 to shareholders on the register at 15 September 2023. The ex-dividend date will be 14 September 2023. This delivers on the Company's annual dividend target of 6.6 pence per ordinary share for the year to 31 March 2024.
공시 • Jul 07LXI REIT plc, Annual General Meeting, Sep 07, 2023LXI REIT plc, Annual General Meeting, Sep 07, 2023, at 09:00 Coordinated Universal Time. Location: offices of Stephenson Harwood, at 1 Finsbury Circus London: United Kingdom
공시 • Jun 09An unknown buyer acquired St Albans retail park from LXI REIT plc (LSE:LXI) for GBP 31 million.An unknown buyer acquired St Albans retail park from LXI REIT plc (LSE:LXI) for GBP 31 million on June 8, 2023. An unknown buyer completed the acquisition of St Albans retail park from LXI REIT plc (LSE:LXI) on June 8, 2023.
공시 • Jun 08LXI REIT plc Declares Interim Quarterly Dividend for the Quarter Ended 31 March 2023, Payable on 7 July 2023LXI REIT plc declared an interim quarterly dividend in respect of the quarter ended 31 March 2023 of 1.575 pence per ordinary share, payable on 7 July 2023 to shareholders on the register at 16 June 2023. The ex-dividend date will be 15 June 2023. This delivers on the Company's annual dividend target of 6.3 pence per ordinary share for the year to 31 March 2023.
공시 • May 15LXI REIT plc to Report Fiscal Year 2023 Results on Jun 07, 2023LXI REIT plc announced that they will report fiscal year 2023 results on Jun 07, 2023
공시 • Feb 10LXi REIT plc Declares an Interim Quarterly Dividend for the Quarter Ended 31 December 2022, Payable on 10 March 2023The Board of LXi REIT plc declared an interim quarterly dividend Of 1.575 pence per ordinary share for the quarter ended 31 December 2022. This is in line with the Company's annual dividend target of 6.3 pence per ordinary share for the year to 31 March 2023. The dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax-exempt property rental business. The timetable is set out below: Ex-Dividend date: 16 February 2023, Record date: 17 February 2023 and Dividend payment date: 10 March 2023.