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  3. LXI.L Share Price
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  5. IN BRIEF: Hollywood Bowl to replace LXi REIT in FTSE 250

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IN BRIEF: Hollywood Bowl to replace LXi REIT in FTSE 250

Thu, 29th Feb 2024 21:44

Hollywood Bowl Group PLC - Hemel Hempstead, England-based ten-pin bowling centre operator - To be added to FTSE 250 index with effect March 5, replacing outbound LXi REIT PLC, FTSE Russell says. On Tuesday, commercial real estate investment trust LXi REIT said shareholders backed its tie-up with LondonMetric Property PLC. 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%.

Current stock price: 326.00 pence

12-month change: up 36%

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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24 Sep 2018 12:15

LXi REIT To Raise GBP100 Million Through 89 Million Share Issue (ALLISS)

LONDON (Alliance News) - LXi REIT PLC said Monday that it intends to raise GBP100 million through an issue of 88.9 million shares at a price of 112.75 pence per share.The share issue price

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3 Sep 2018 10:36

LXi REIT Disposes Of One Property And Acquires Two Newly-Built Assets

LONDON (Alliance News) - LXi REIT PLC said on Monday it has made one sale of a manufacturing facility and two acquisitions of industrial real-estate assets.The sale was of a manufacturing a

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6 Aug 2018 12:56

LXi REIT Considers Fundraising After Spending Capital From IPO (ALLISS)

LONDON (Alliance News) - LXi REIT PLC said Monday it is contemplating an equity raise in 2018 "in line with its investment policy".The property investment company said it has the

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19 Jun 2018 16:03

UK Shareholder Meetings Calendar - Next 7 Days

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21 May 2018 11:13

LXi REIT Net Asset Value Per Share Grows 9.9%, Plans 2 Pence Dividend

LONDON (Alliance News) - LXi REIT PLC said Monday that its net asset value per share grew 9.9% since its initial public offering, as its total return outperformed previous targets.As of the

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14 May 2018 16:10

UK Earnings, Trading Statements Calendar - Next 7 Days

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7 Mar 2018 13:51

LXi REIT Upgrades Dividend Targets After Equity, Debt Deployment

LONDON (Alliance News) - LXi REIT PLC announced Wednesday it is increasing its dividend targets following the full deployment of its equity and debt capital.LXi is now

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