Brooks Macdonald Group PLC has disclosed a public opening position in LXi REIT plc, representing 1.74% of the relevant securities. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes details of the interests and short positions held by Brooks Macdonald Group PLC. As of 20th February 2024, the company owned and/or controlled 29,955,925 relevant securities of LXi REIT plc.
Additionally, the disclosure includes details of dealings made by Brooks Macdonald Group PLC, which involved the sale of 29,200 securities at a price of 1.02 GBP per unit. The disclosure also confirms that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure was made by Brooks Macdonald Group PLC and includes the contact name and telephone number for further information. It is noted that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.
This disclosure provides transparency regarding Brooks Macdonald Group PLC's position in LXi REIT plc and its recent dealings, in compliance with the regulatory requirements of the Takeover Code.