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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lxb Retail Properties Plc | LSE:LXB | London | Ordinary Share | JE00B4MFKH73 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.54 | 1.10 | 1.98 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLXB
RNS Number : 1672A
LXB Retail Properties Plc
07 September 2018
7 September 2018
LXB Retail Properties Plc
(the "Company" or the "Group")
Disposal of Leisure Investment at Stafford
LXB Retail Properties Plc, the Jersey resident closed-ended real estate investment company focused on edge of town and out of town retail assets, is pleased to announce that the Group has today completed the sale of its leisure investment at Stafford. The Group has received net cash proceeds of GBP8.0m which is in line with the Board's expectations when it provided its most recent NAV guidance in the Group's Interim Report.
It is expected that a Committee of the Board will meet in due course to consider a further cash return to shareholders.
For further information please contact:
LXB Partners 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/Henry Wilson
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
September 07, 2018 09:30 ET (13:30 GMT)
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