Annual Financial Report and Notice of 2023 AGM

LXi REIT

07/07/2023 07:00

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RNS Number : 2676F  LXI REIT PLC  07 July 2023

 

 

 

 

             7 July 2023

LXI REIT PLC

("LXI REIT" or the "Company")

Annual Financial Report and Notice of 2023 Annual General Meeting

 

Annual financial report 2023

 

The Board of LXi REIT plc has today published its Annual Report for the year
ended 31 March 2023 ("Annual Report"). The report is available electronically
on the Company's website at www.lxireit.com and has been submitted to the
National Storage Mechanism and will shortly be available for inspection in
unedited full text and machine-readable XHTML web browser format at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

Notice of Annual General Meeting 2023

 

The Board of LXi REIT plc announces that its 2023 Annual General Meeting
("AGM") will be held at the offices of Stephenson Harwood, at 1 Finsbury
Circus, London EC2M 7SH at 10.00 a.m. on 7 September 2023. The Notice of AGM
has been posted to shareholders and is also available on the Company's website
at www.lxireit.com.  In addition, a copy of the 2023 AGM notice has been
submitted to the Financial Conduct Authority and will shortly be available for
inspection from the National Storage Mechanism at
https://data.fca.org.uk/#/nationalstoragemechanism.

 

 FOR FURTHER INFORMATION, PLEASE CONTACT:

 LXI REIT Advisors Limited                      Via H/Advisors Maitland

 Simon Lee (Partner, Fund Manager)

 John White (Partner, Fund Manager)

 Freddie Brooks (CFO)
 Barclays                                       020 7623 2323

 Bronson Albery / Tom Macdonald / Dion Miceli
 Jefferies International                        020 7029 8000

 Tom Yeadon / Ed Matthews / Rishi Bhuchar
 H/Advisors Maitland (Communications Advisor)   07747 113 930 / 020 7379 5151

 James Benjamin / Rachel Cohen                  lxireit-maitland@h-advisors.global

 

The Company's LEI is: 2138008YZGXOKAXQVI45

 

NOTES

LXI REIT plc invests in commercial property assets predominantly in the UK,
let, or pre-let, on long (typically 20 to 30 years to expiry or first break),
inflation-linked leases to a wide range of strong tenant covenants across a
diverse range of robust property sectors.

 

The Company may invest in fixed-price forward funded developments, provided
they are pre-let to an acceptable tenant and full planning permission is in
place. The Company will not undertake any direct development activity nor
assume direct development risk.

 

The Company is targeting a dividend of 6.6 pence per ordinary share for the
year which commenced on 1 April 2023*.

 

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 Financial Conduct 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, MSCI and STOXX
Europe 600 indices.

 

Further information on the Company is available at www.lxireit.com
(http://www.lxireit.com)

*               This is a target and not profit forecast.

 

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