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LXB To Return GBP6.7 Million To Shareholders After Land Interest Sale

Tue, 14th Aug 2018 17:49

LONDON (Alliance News) - LXB Retail Properties PLC said Tuesday it has received the proceeds from its land interest sale at Rushden Lakes in Northamptonshire, England and will return 4.0 pence per share, about GBP6.7 million, to shareholders.

The company expects to return between 26p and 28p per share for the year. After this recent payout, shareholders will have received 11.5 pence.

Shares in LXB closed up 2.1% Tuesday at 15.80 pence each.

More News
23 May 2019 14:09

LXB Retail Shares Temporarily Suspended Pending Announcement

LONDON (Alliance News) - Shares in LXB Retail Properties PLC on Thursday were temporarily suspended from trading on AIM pending an announcement from the company.The stock closed 28% lower

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21 May 2019 14:16

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

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

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20 May 2019 13:21

LXB Retail Confirms Dissolution Returns Below Previous Guidance

LONDON (Alliance News) - LXB Retail Properties PLC said Monday its return of capital to shareholders following its dissolution is expected to be about GBP2.0 million, about 1.2 pence per April, to

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18 Apr 2019 18:10

LXB Retail Properties Expects Lower Return From Dissolution

LONDON (Alliance News) - LXB Retail Properties PLC said Thursday afternoon its dissolution hearing has been rescheduled due to "unexpected delays with matters connected" with its four to

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4 Mar 2019 11:59

LXB Retail Properties Proposes Shares Cancellation And Firm Dissolution (ALLISS)

LONDON (Alliance News) - LXB Retail Properties PLC on Monday proposed the cancellation of its shares from trading and the dissolution of the firm.LXB called a meeting on March 26, where be

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26 Feb 2019 10:52

WINNERS & LOSERS SUMMARY: Persimmon Leads Housebuilders Higher

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - up 2.5%. The housebuilder reported growth in

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26 Feb 2019 09:50

LXB Retail Properties Net Asset Value Falls As Disposals Continue

LONDON (Alliance News) - LXB Retail Properties PLC on Tuesday said its net asset value per share fell in its most recent financial year as it continued the process of winding down and disposing of

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5 Oct 2018 17:36

LXB Retail Properties Completes Final Two Lettings At Biggleswade

LONDON (Alliance News) - LXB Retail Properties PLC said Friday it has completed the "necessary sub-division" works for its final two lettings at its London Road Retail Park, in north of

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7 Sep 2018 15:33

LXB Retail Sells Leisure Investment At Stafford Ahead Of Winding Up

LONDON (Alliance News) - LXB Retail Properties PLC said Friday that it sold its leisure investment at Stafford, England, for GBP8.0 million in cash.The closed-ended real estate company said

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7 Aug 2018 15:01

LXB sells remaining land interests at Rushden Lakes

(Sharecast News) - Jersey resident closed-ended real estate investment company LXB Retail Properties announced on Tuesday that, on 3 August, it completed the sale of its remaining land interests at Rushden Lakes, and was now freed from its obligations in connection with Phase 4, the Garden Square scheme.

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16 Mar 2018 14:57

LXB Retail Gains Court Approval To Reorganise And Wrap Up Business

LONDON (Alliance News) - Property investment firm LXB Retail Properties PLC said on Friday that the Royal Court of Jersey has sanctioned the reorganisation of the group, which

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9 Feb 2017 10:17

LXB Retail's Rushden Lakes development referred to Sajid Javid

(ShareCast News) - Real estate investment property LXB Retail Properties said on Thursday that the Planning Committee of East Northamptonshire Council has voted unanimously to approve its application for a revised and enhanced development at Rushden Lakes. Following the approval and owing to the sca

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9 Feb 2017 10:02

LXB's Rushden Lakes Application Referred To Javid As Committee Approve

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23 Dec 2016 12:23

LXB Retail Sells Isle Of Sheppey Investment For GBP11.3 Million

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