LondonMetric Property PLC Announces Successful Completion of its All-Share Acquisition for Highcroft Investments

LondonMetric Property PLC has progressed a pace by successfully wrapping up its all-share acquisition of Highcroft Investments, as of 22 May 2025. This move has masterfully seen LondonMetric accrue the entire issued and to-be-issued share capital of Highcroft Investments. The transaction was carried out via a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006.

In an irrefutable demonstration of business acumen, LondonMetric promptly secured the admission of 24,210,964 New LondonMetric Shares to the equity shares category of the Official List of the Financial Conduct Authority. Simultaneously, these shares have begun trading on the London Stock Exchange’s Main Market. LondonMetric’s shares align evenly with those already in issue at the time of Admission, boasting equivalent rights to dividends and other distributions.

Undeniably, the completion of this acquisition unequivocally signals LondonMetric’s steadfast position in today’s competitive property investment landscape. As well as a major boost for its portfolio, the future looks promising for the shareholders who stand to benefit from this astute business decision.