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LXB Retail Properties Plc (LXB) Ord NPV

Sell:12.55p Buy:13.15p 0 Change: 0.25p (1.96%)
Market closed Prices as at close on 16 October 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Scheme of Arrangement

LXB Retail Properties Plc Ord NPV

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 3 Sep 2018)

The Directors of LXB Retail Properties plc have announced a further Return of Cash of 4p per Share, the equivalent of approximately GBP6.7 million, to Shareholders at the close of business on 14 September 2018. Shareholders will be entitled to receive the cash payment either as a Cash Dividend, a Return of Capital via a B Share Redemption, or a combination of both.

 

Do I need to take any action?

 

You have the following four options to consider before our noon Wednesday 12 September 2018 deadline:

 

Option 1 – Receive as a Cash DividendShareholders will receive 4p per Share as an Income payment (this is our default option).

 

Option 2 – Receive as a Return of Capital payment via a B Share Redemption. Shareholders may elect to receive B Shares on the basis of one B Share for each Ordinary Share held at the close of business on 14 September 2018. B Shares will be redeemed by the Company at a price of 4p per Ordinary Share on the B Share Redemption Date, which is expected to be no later than 20 September 2018. Please note that the B Shares cannot be traded and once redeemed by the Company will be automatically cancelled.

 

Option 3 – Receive a combination of Option 1 & 2 (Cash Dividend and B Share Redemption). In order to receive this option you must specify a quantity of each. If no amount is specified, you will receive the Cash Dividend (the default option).

 

Option 4 – Do nothing. Please note that Shareholders who make no election will automatically receive the Cash Dividend (the default option).

 

Cash resulting from all options will be credited to your Account from 27 September 2018. 

 

Any instruction to choose one of the above options must be received by no later than noon on Wednesday 12 September 2018. If no instruction is received you will receive the default option (Option 1). 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:12.55p
Buy:13.15p
Change: 0.25p (1.96%)
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 16 October 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Scheme of Arrangement

LXB Retail Properties Plc Ord NPV

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 3 Sep 2018)

The Directors of LXB Retail Properties plc have announced a further Return of Cash of 4p per Share, the equivalent of approximately GBP6.7 million, to Shareholders at the close of business on 14 September 2018. Shareholders will be entitled to receive the cash payment either as a Cash Dividend, a Return of Capital via a B Share Redemption, or a combination of both.

 

Do I need to take any action?

 

You have the following four options to consider before our noon Wednesday 12 September 2018 deadline:

 

Option 1 – Receive as a Cash DividendShareholders will receive 4p per Share as an Income payment (this is our default option).

 

Option 2 – Receive as a Return of Capital payment via a B Share Redemption. Shareholders may elect to receive B Shares on the basis of one B Share for each Ordinary Share held at the close of business on 14 September 2018. B Shares will be redeemed by the Company at a price of 4p per Ordinary Share on the B Share Redemption Date, which is expected to be no later than 20 September 2018. Please note that the B Shares cannot be traded and once redeemed by the Company will be automatically cancelled.

 

Option 3 – Receive a combination of Option 1 & 2 (Cash Dividend and B Share Redemption). In order to receive this option you must specify a quantity of each. If no amount is specified, you will receive the Cash Dividend (the default option).

 

Option 4 – Do nothing. Please note that Shareholders who make no election will automatically receive the Cash Dividend (the default option).

 

Cash resulting from all options will be credited to your Account from 27 September 2018. 

 

Any instruction to choose one of the above options must be received by no later than noon on Wednesday 12 September 2018. If no instruction is received you will receive the default option (Option 1). 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:12.55p
Buy:13.15p
Change: 0.25p (1.96%)
Market closed Prices as at close on 16 October 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Scheme of Arrangement

LXB Retail Properties Plc Ord NPV

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 3 Sep 2018)

The Directors of LXB Retail Properties plc have announced a further Return of Cash of 4p per Share, the equivalent of approximately GBP6.7 million, to Shareholders at the close of business on 14 September 2018. Shareholders will be entitled to receive the cash payment either as a Cash Dividend, a Return of Capital via a B Share Redemption, or a combination of both.

 

Do I need to take any action?

 

You have the following four options to consider before our noon Wednesday 12 September 2018 deadline:

 

Option 1 – Receive as a Cash DividendShareholders will receive 4p per Share as an Income payment (this is our default option).

 

Option 2 – Receive as a Return of Capital payment via a B Share Redemption. Shareholders may elect to receive B Shares on the basis of one B Share for each Ordinary Share held at the close of business on 14 September 2018. B Shares will be redeemed by the Company at a price of 4p per Ordinary Share on the B Share Redemption Date, which is expected to be no later than 20 September 2018. Please note that the B Shares cannot be traded and once redeemed by the Company will be automatically cancelled.

 

Option 3 – Receive a combination of Option 1 & 2 (Cash Dividend and B Share Redemption). In order to receive this option you must specify a quantity of each. If no amount is specified, you will receive the Cash Dividend (the default option).

 

Option 4 – Do nothing. Please note that Shareholders who make no election will automatically receive the Cash Dividend (the default option).

 

Cash resulting from all options will be credited to your Account from 27 September 2018. 

 

Any instruction to choose one of the above options must be received by no later than noon on Wednesday 12 September 2018. If no instruction is received you will receive the default option (Option 1). 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
12.60p
Trade high:
12.60p
Year high:
24.30p
Market capitalisation
Market cap.
:
£21.04 million
Previous close:
12.75p
Trade low:
12.50p
Year low:
11.80p
P/E ratio:
n/a
Previous:
0.03p (0.20%)
Previous:
0.03p
Volume:
194,029
Dividend yield:
n/a
EMS:
20,000
Data delayed by at least 15 minutes.

Performance

Not available for this stock.

Fundamental data

Year ending: 30/09/2017 30/09/2016
Revenue (£m) 61.97 85.24
Profit before tax (£m) (15.13) (15.14)
Adjusted EPS (p): (9.18) (8.89)
P/E ratio n/a n/a
PEG n/a n/a
EPS growth (%) n/a n/a

Values are quoted in the stock's local currency: British pound

All fundamental data

Recent dividends paid or declared by LXB Retail Properties Plc:

Type Ex-div date Payment date Amount
Special 26/07/2018 09/08/2018 7.50p
Special 20/10/2016 03/11/2016 18.00p
Special 26/05/2016 09/06/2016 38.00p
Special n/a n/a 45.00p

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Dividend information for this stock is not available.

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Important Documents

There are no documents available for this stock.

Broker forecasts

Broker recommendations for this stock are not available.

Time / date Time Buy / sell Type Volume Price Value
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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled ‘N/A’.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. 'Broker forecast' and 'Recent trades' provided by MoneyAM. News and fundamental data provided by Digital Look.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.