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IN BRIEF: Secure Income takeover by LXi REIT sanctioned by court

Mon, 04th Jul 2022 15:14

Secure Income REIT PLC - London-based commercial real estate-focused investment trust - and fellow property investor LXi REIT PLC - Court sanctions scheme for LXi REIT to acquire Secure Income REIT.

Secure Income's shares are to be cancelled from trading with effect on Thursday.

Secure Income REIT current stock price: 467.00p

12-month change: up 22%

LXi REIT current stock price: 140.40p

12-month change: down 0.1%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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