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Pin to quick picksLondonMetric Share News (LMP)

Share Price Information for LondonMetric (LMP)

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Share Price: 202.40
Bid: 201.20
Ask: 201.60
Change: -0.40 (-0.20%)
Spread: 0.40 (0.199%)
Open: 199.20
High: 204.20
Low: 199.20
Prev. Close: 202.80
LMP Live PriceLast checked at -

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IN BRIEF: LXi REIT shareholders back LondonMetric tie-up

Tue, 27th Feb 2024 21:10

LXi REIT PLC - London-based commercial real estate investment trust - All share merger with LondonMetric Property PLC approved at court and general meetings. Just under 100% vote in favour at general meeting and just 95% at court meeting. The merger will see LondonMetric takeover LXi REIT, whose shareholders will receive 0.55 of a new LondonMetric share for each LXi REIT share that they own. LondonMetric shareholders will own 54% of the enlarged company and LXi holders the remaining 46%. The merger will create a combined company with EPRA net tangible assets of GBP4.1 billion, which the pair last month said will make it the fourth-largest UK REIT.

Current stock price: 101.80 pence

12-month change: down 10%

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
23 Nov 2023 10:01

REPEAT: LondonMetric swings to profit with portfolio "in great shape"

(Alliance News) - LondonMetric Property PLC on Thursday announced an increased dividend and said revenue rose in its latest half-year, as it remained "active and opportunistic" despite a difficult market.

Read more
23 Nov 2023 10:00

LondonMetric revenue swings to profit with portfolio "in great shape"

(Alliance News) - LondonMetric Property PLC on Thursday announced an increased dividend and said revenue rose in its latest half-year, as it remained "active and opportunistic" despite a difficult market.

Read more
23 Nov 2023 07:57

LondonMetric swings to profit after solid first half

(Sharecast News) - FTSE 250-listed real estate group LondonMetric Property raised its interim dividend after a solid first half in which it swung to a profit on the back of a revaluation of its portfolio.

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16 Nov 2023 15:53

UK earnings, trading statements calendar - next 7 days

Friday 17 November 
Record PLCHalf Year Results
Monday 20 November 
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Compass Group PLCFull Year Results
Diploma PLCFull Year Results
Polar Capital Holdings PLCHalf Year Results
Seraphim Space Investment Trust PLCQ1 Results
Sirius Real Estate LtdHalf Year Results
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Accsys Technologies PLCHalf Year Results
AO World PLCHalf Year Results
Avon Protection PLCFull Year Results
Caledonia Investments PLCHalf Year Results
Caledonian Trust PLCHalf Year Results
Calnex Solutions PLCHalf Year Results
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CRH PLCTrading Statement
Eckoh PLCHalf Year Results
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Schroder Real Estate Investment Trust LtdHalf Year Results
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Telecom Plus PLCHalf Year Results
Trifast PLCHalf Year Results
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Johnson Matthey PLCHalf Year Results
Kingfisher PLCQ3 Results
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Speedy Hire PLCHalf Year Results
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Tremor International LtdQ3 Results
TT Electronics PLCTrading Statement
Victorian Plumbing Group PLCFull Year Results
Thursday 23 November 
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First Property Group PLCHalf Year Results
FirstGroup PLCHalf Year Results
Intertek Group PLCTrading Statement
Jet2 PLCHalf Year Results
LondonMetric Property PLCHalf Year Results
Mitie Group PLCHalf Year Results
Motorpoint Group PLCHalf Year Results
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Princess Private Equity Holding LtdQ3 Results
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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3 Nov 2023 09:31

LONDON BROKER RATINGS: JPMorgan lifts Smith & Nephew

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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2 Nov 2023 10:56

LondonMetric Property shares rise on sale of GBP25 million assets

(Alliance News) - LondonMetric Property PLC on Thursday said it has sold four offices and two long income assets for GBP24.5 million in total.

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2 Nov 2023 08:56

LondonMetric offloads six properties for £24.5m

(Sharecast News) - LondonMetric Property announced the sale of four offices and two long-income assets in separate transactions on Thursday for a total of £24.5m in proceeds.

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31 Oct 2023 09:43

LONDON BROKER RATINGS: HSBC raises Smith & Nephew to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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2 Oct 2023 15:46

UK dividends calendar - next 7 days

Tuesday 3 October 
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Croda International PLCdividend payment date
DS Smith PLCdividend payment date
Wednesday 4 October 
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AG Barr PLCex-dividend payment date
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AVI Japan Opportunity Trust PLCex-dividend payment date
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Emis Group PLCex-dividend payment date
European Assets Trust PLCex-dividend payment date
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Keywords Studios PLCex-dividend payment date
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Manchester & London Investment Trust PLCex-dividend payment date
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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15 Sep 2023 09:18

LONDON BROKER RATINGS: Berenberg likes Intertek; Goldman ups Derwent

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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14 Sep 2023 09:25

LondonMetric Property sells four industrial units for GBP41 million

(Alliance News) - LondonMetric Property PLC on Thursday said it sold four multi-let industrial estates to Hines.

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14 Sep 2023 07:10

LondonMetric sells four East Midlands units for £41m

(Sharecast News) - Real estate group LondonMetric Property is to sell four multi-let industrial estates in the East Midlands for £40.5m, as it continues to sell off assets acquired in its takeover of A&J Mucklow in 2019.

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11 Sep 2023 08:31

LondonMetric sells long income, retail assets for GBP17 million

(Alliance News) - LondonMetric Property PLC on Monday said it sold four long income and retail assets.

Read more
11 Sep 2023 07:20

LondonMetric sells four long income and retail assets for £16.9m

(Sharecast News) - LondonMetirc Property said on Monday that it has sold four long income and retail assets in separate transactions for £16.9m, in line with the book value.

Read more
30 Aug 2023 10:01

LondonMetric boosts solar generation on properties with two new arrays

(Alliance News) - LondonMetric Property PLC on Wednesday said it expects to raise the solar photovoltaics capacity of its properties to 4.2 megawatts peak through the addition of two new solar arrays in Coventry and Bicester.

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