TIDMLXB

RNS Number : 1317G

LXB Retail Properties Plc

27 February 2018

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, CEO

Brendan 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

This information is provided by RNS

The company news service from the London Stock Exchange

END

ROMSEUFIWFASELE

(END) Dow Jones Newswires

February 27, 2018 11:00 ET (16:00 GMT)

Lxb Retail Properties (LSE:LXB)
Historical Stock Chart
From Jul 2024 to Aug 2024 Click Here for more Lxb Retail Properties Charts.
Lxb Retail Properties (LSE:LXB)
Historical Stock Chart
From Aug 2023 to Aug 2024 Click Here for more Lxb Retail Properties Charts.