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Share Name Share Symbol Market Type Share ISIN Share Description
Lxi Reit Plc LSE:LXI London Ordinary Share GB00BYQ46T41 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.60 0.41% 148.60 148.40 148.60 149.40 147.60 148.00 1,491,761 16:29:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 42.8 39.9 7.6 19.6 1,040

LXI REIT PLC Replacement - Dividend Declaration

20/09/2021 7:00am

UK Regulatory (RNS & others)


Lxi Reit (LSE:LXI)
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TIDMLXI

RNS Number : 2177M

LXI REIT PLC

20 September 2021

20 September 2021

The following amendments have been made to the announcement Dividend Declaration released at 7am on 17 September 2021 under RNS number 0694M.

The record date (date shareholders appear on the register at the cut-off point for paying the dividend) is 1 October 2021.

The ex-dividend date is 30 September 2021.

All other details remain unchanged.

The full amended text is shown below.

LXi REIT plc

(the "Company" or the "Group")

DIVIDEND DECLARATION

The Board of LXi REIT plc (ticker: LXI), th e specialist inflation-protected very long income REIT, is pleased to declare an interim quarterly dividend in respect of the quarter ended 30 June 2021 of 1.5 pence per ordinary share, payable on 29 October 2021 to shareholders on the register at 1 October 2021. The ex-dividend date will be 30 September 2021.

The dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax exempt property rental business.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
 LXI REIT Advisors Limited                Via Maitland/AMO 
  Simon Lee (Partner, Fund Manager) 
  John White (Partner, Fund Manager) 
 
 Peel Hunt LLP 
  Luke Simpson/Liz Yong                   020 7418 8900 
                                         --------------------------------- 
 
 J efferies International 
  Ed Matthews/Tom Yeadon                  020 7029 8000 
                                         --------------------------------- 
 
 Maitland/AMO (Communications Adviser)    07747 113 930 
  James Benjamin                           lxireit-maitland@maitland.co.uk 
                                         --------------------------------- 
 

The Company's LEI is: 2138008YZGXOKAXQVI45

NOTES:

LXI REIT plc invests in UK commercial property assets let, or pre-let, on very long-term, triple-net, inflation-linked leases to a wide range of strong tenant covenants across a diverse range of robust property sectors.

The Company aims to provide shareholders with an attractive return, in the form of quarterly income distributions and with the potential for capital and income growth from key strategies which include indexed rental uplifts, pre-let forward fundings, sale and leasebacks, and off-market, value driven acquisitions and sales .

The Company is targeting a dividend of 6 pence per ordinary share for the 12-months commencing on 1 April 2021* and its medium-term total return target is a minimum of 8% pa .

The Company, a real estate investment trust ( " REIT " ) incorporated in England and Wales, is listed on the premium listing segment of the Official List of the UK Listing Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in February 2017.

The Company is a constituent of the FTSE 250, EPRA/NAREIT and MSCI indices.

Further information on the Company is available at www.lxireit.com

* These are guidance levels or targets only and not a profit forecast and there can be no assurance that they will be met.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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September 20, 2021 02:00 ET (06:00 GMT)

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