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Pin to quick picksLXB.L Share News (LXB)

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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.

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