Annual Financial Report and Notice of 2023 AGM

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 Simon Lee (Partner, Fund Manager) John White (Partner, Fund Manager) Freddie Brooks (CFO)	Via H/Advisors Maitland
Barclays Bronson Albery / Tom Macdonald / Dion Miceli	020 7623 2323
Jefferies International Tom Yeadon / Ed Matthews / Rishi Bhuchar	020 7029 8000
H/Advisors Maitland (Communications Advisor) James Benjamin / Rachel Cohen	07747 113 930 / 020 7379 5151 [e-mail]

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

*               This is a target and not profit forecast.

 

END