6 March 2024
RECOMMENDED ALL-SHARE MERGER
OF
LXI REIT PLC
AND
LONDONMETRIC PROPERTY PLC
to be effected by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006
DE-LISTING AND CANCELLATION OF TRADING OF LXI SHARES
Further to the announcement made by the Boards of LXi REIT plc (“LXi“) and LondonMetric Property Plc on 5 March 2024 that the Scheme has become Effective in accordance with its terms, LXi today announces that, following an application made by LXi, the Financial Conduct Authority has cancelled the listing of LXi Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of LXi Shares on the Main Market, in each case with effect from 8.00 a.m. today, 6 March 2024.
General
Unless otherwise defined, all capitalised terms in this announcement shall have the same meaning given to them in the Scheme Document, a copy of which is available on the LXi website at www.LXiREIT.com and on the LondonMetric website at www.LondonMetric.com.
All references in this announcement to times are to times in London.
Enquiries
| LXi REIT plc | via H/Advisors Maitland |
| Cyrus Ardalan, Non-Executive Chairman | |
| Hugh Seaborn, Non-Executive Senior Independent Director | |
| Ismat Levin, Non-Executive Independent Director | |
| Sandy Gumm, Non-Executive Director | |
| Nick Leslau, Non-Executive Director | |
| Lazard & Co., Limited (Lead Financial Adviser) | +44 (0) 20 7187 2000 |
| Patrick Long | |
| Jolyon Coates | |
| Sebastian O’Shea-Farren | |
| Jefferies International Limited (Financial Adviser and Corporate Broker) | +44 (0) 20 7029 8000 |
| Rishi Bhuchar | |
| Tom Yeadon | |
| Ed Matthews | |
| Paul Bundred | |
| Santander Corporate & Investment Banking (Financial Adviser) | +44 (0) 78 4071 7114 |
| Oliver Tucker | |
| Ting Le Deng | |
| Benni Azaria | |
| H/Advisors Maitland (Communications Adviser) | +44 (0) 20 7379 5151 |
| James Benjamin | |
| Rachel Cohen | |