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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 : 0581V
LXB Retail Properties Plc
18 July 2018
LXB Retail Properties Plc
(the "Company" or the "Group")
Update on Disposal of Investments at Stafford and Sheppey
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 it has exchanged contracts for the variation to the original forward sale agreement of the Group's leisure investment at Stafford and has completed the letting of the final unit in Phase 2C at Neats Court, Isle of Sheppey.
On 17 July 2018, the Group exchanged contracts to vary the original Stafford Leisure forward sale agreement. The terms of this contract are as stated in the Interim Report of the Company for the 6 months ended 31 March 2018.
On 12 July 2018, the Group concluded a letting with Creams on the final unit of Phase 2C at Neats Court, Isle of Sheppey. This has resulted in a further net receipt of GBP0.42m under the sale contract with Lightstone LLP.
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
July 18, 2018 09:30 ET (13:30 GMT)
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