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IN BRIEF: Secure Income shares suspended ahead of LXi REIT takeover

Wed, 06th Jul 2022 12:26

Secure Income REIT - London-based commercial real estate-focused investment trust - Shares are suspended from trading on AIM. On Monday, court sanctioned scheme for LXi REIT to acquire Secure Income REIT. Secure Income's shares are to be cancelled from trading with effect on Thursday.

Current stock price: 461.00 pence

12-month change: up 22%

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. 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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