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LXB Retail Properties Shares Drop As Dissolution Sanctioned By Court (ALLISS)

Tue, 21st May 2019 14:16

LONDON (Alliance News) - LXB Retail Properties PLC said Tuesday the Royal Court of Jersey has sanctioned the dissolution of the retail property investor, as well as the return of GBP2.0 million in capital to shareholders.

Shares in LXB Retail will be suspended on Thursday, and then cancelled from trading on AIM on Friday next week.

Originally, LXB has expected the return to shareholders to be GBP3.4 million, however in April the company said the return would be lower than expected.

Shares in LXB Retail Properties were 13% lower at 1.06 pence on Tuesday.

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7 Nov 2014 09:54

LXB Retail Properties Sees Progress in Portfolio

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25 Sep 2014 09:02

LXB Retail Says Rent Roll Up, Mulling Approaches For Investments

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6 Aug 2014 15:32

DIRECTOR DEALINGS: LXB Chief Executive Buys Shares

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4 Aug 2014 08:46

LXB Retail Properties Says Rushden Lakes Planning Process Complete

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18 Jun 2014 08:55

LXB Retail Properties Laments Challenging Market As Profit Creeps Up

LONDON (Alliance News) - LXB Retail Properties PLC Wednesday said the market remains challenging for prospective tenants, as it reported a slight increase in profit for the first half. The Jersey-based closed-ended real estate investment trust posted pretax profit of GBP11.8 million for the

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12 Jun 2014 11:08

LXB Retail Gets Final Approval For Rushden Lakes Project

LONDON (Alliance News) - LXB Retail Properties PLC Thursday said it had learnt that the UK government was supporting planning permission for its planned Rushden Lakes shopping centre and leisure facilities development in Northamptonshire, and it expects permission to become final in six weeks tim

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4 Apr 2014 10:24

LXB Signs Pre-let Deal With H&M At Riverside Unit

LONDON (Alliance News) - LXB Retail Properties PLC Friday said it has entered into a pre-let deal with H&M for a unit at its Riverside investment, Stafford, and said it is in advanced discussions with a number of other potential tenants. In a statement, LXB said it expects to announce furth

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18 Feb 2014 17:00

DIRECTOR DEALINGS: LXB Retail Executive Buys Shares

LONDON (Alliance News) - LXB Retail Properties PLC Tuesday said Principal Jo Duffield purchased 129,244 shares at a price of 129 pence per share. A further 65,368 shares were purchased by Duffield's husband at the same price. Following this transaction, the Duffields hold 440,200 shares.Read more

13 Feb 2014 06:15

UK AGM, EGM Calendar - Week Ahead

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12 Feb 2014 18:14

LXB Retail Properties Says Decision On Rushden Lakes Delayed

LONDON (Alliance News) - Real estate investor LXB Retail Properties PLC Wednesday said the decision on whether it can go ahead with its investment in Rushden Lakes has been delayed. The Secretary of State was meant to reach a decision by Thursday but according to LXB the Department for Comm

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12 Feb 2014 16:12

UK AGM, EGM Calendar - Week Ahead

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12 Feb 2014 06:30

UK AGM, EGM Calendar - Week Ahead

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11 Feb 2014 16:46

UK AGM, EGM Calendar - Week Ahead

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11 Feb 2014 06:17

UK AGM, EGM Calendar - Week Ahead

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10 Feb 2014 16:06

UK AGM, EGM Calendar - Week Ahead

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