27 Feb 2018 16:00
For Immediate Release 27 February 2018
LXB RETAIL PROPERTIES PLC
(the "Company" or the "Group")
Result of Court Meeting
The Board of LXB Retail Properties Plc announces that the proposal for a reorganisation of the Group by way of a Scheme of Arrangement, as described in the Circular dated 3 February 2018, put to shareholders at the Court Meeting which took place in Jersey at 12:00pm today was passed by the requisite majorities.
The result of the votes cast are set out below:
For the Scheme | Against the Scheme |
89,978,337 | 9,358 |
99.99% | 0.01% |
The Court hearing to sanction the Scheme of Arrangement is scheduled for 16 March 2018.
For further information please contact:
LXB Adviser LLP Tel: 020 7432 7900
Tim Walton, CEOBrendan O'Grady, FD
J.P. Morgan Cazenove (NOMAD) Tel: 020 7742 4000
Bronson Albery/Paul Hewlett
Buchanan Tel: 020 7466 5000
Charles Ryland/Victoria Hayns
LXB.L (LXB)