Re the proposed LXI and LMP merger;
RESULTS OF COURT MEETING AND LXI GENERAL MEETING
The Board of LXi REIT plc ("LXi") announces that at the Court Meeting and the LXi General Meeting held earlier today in connection with the recommended all-share merger of LXi and LondonMetric Property plc (the "Merger"), all resolutions were duly passed with over 99.69 per cent. support from shareholders on each resolution.
As previously announced, the Merger is to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme") and today:
(i) a majority in number of Scheme Shareholders who voted and were entitled to vote, either in person or by proxy, who together represented not less than 75 per cent. in value of the Scheme Shares voted, voted in favour of the Scheme at the Court Meeting; and
(ii) the requisite majority of LXi Shareholders voted to approve the special resolution required to be approved in connection with the Scheme at the LXi General Meeting.
Full details of the resolutions passed are set out in the notices of the Court Meeting and the LXi General Meeting contained in Part 9 and Part 10 respectively of the scheme document published by LXi on 6 February 2024 in connection with the Merger (the "Scheme Document").
https://www.investegate.co.uk/announcem ... ng/8058989Ian (I hold LXI and voted in favour of the merger).