Lxi Reit Takeover Rumours (LXI)

Re the 07:01 RNS - Can anybody cleverer than I determine if we are to get a windfall of 0.55 shares per share held to smooth the reverse takeover by London Metric? Or, will we simply have a 0.55 shares in the newly merged entity per 1 LXI share held? I can't fathom it out!

Small uplift in the sp, but I think there will be more to come. The release talks of a merger, but LMP will be takeover the portfolio of LXI, so if they want it they would have to ensure buy in from the share holders at a reasonable valuation....something that has been lacking in LXI for sometime. I will continue to hold, knowing that my holding and prospects have signifcantly improved on this news.