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IN BRIEF: Secure Income and LXi REIT shareholders approve merger

Wed, 22nd Jun 2022 16:04

Secure Income REIT PLC - London-based commercial real estate-focused investment trust - and fellow property investor LXi REIT PLC- 99% of shareholders of both companies vote to approve all-share merger in separate meetings. The remaining conditions outstanding are now a waiver of any conditions in the scheme document, and court approval of the merger.

Secure Income REIT current stock price: 458.00p

12-month change: up 22%

LXi REIT current stock price: 138.20p

12-month change: down 4.1%

By Elizabeth Winter; elizabethwinter@alliancenews.com

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IN BRIEF: Secure Income and LXi REIT shareholders approve merger

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