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Cohen & Steers, Inc. Discloses Significant Ownership in LXi REIT plc

Cohen & Steers, Inc. Reveals Significant Ownership in LXi REIT plc

Investment management firm Cohen & Steers, Inc. has publicly revealed that it holds a 3.42% stake in LXi REIT plc, a real estate investment trust. This disclosure was made in accordance with the requirements of Rule 8.3 of the Takeover Code.

Cohen & Steers, Inc. announced that it currently owns 58,641,740 relevant securities of LXi REIT plc, including both owned and controlled securities. Additionally, the firm stated that it has not entered into any derivative positions or settled contracts in relation to LXi REIT plc securities.

It is worth noting that Cohen & Steers, Inc. has recently made purchases of LXi REIT plc securities. The firm acquired 635,166 securities at a price of 1.0257 GBP per unit, 861 securities at a price of 1.0280 GBP per unit, 305,000 securities at a price of 1.0319 GBP per unit, and 2,007,426 securities at a price of 1.0351 GBP per unit.

This disclosure provides insights into the ownership and trading activities of Cohen & Steers, Inc. It indicates the firm’s confidence in LXi REIT plc and its investment strategy in the real estate sector.

In compliance with the requirements, Cohen & Steers, Inc. has made this disclosure public to meet transparency standards. The disclosed information allows investors and market participants to better understand the ownership structure and trading activities related to LXi REIT plc.

Importantly, this disclosure does not imply any recommendation or endorsement of LXi REIT plc by Cohen & Steers, Inc. It simply reflects the firm’s current holdings and trading activities. As always, investors should conduct their own research and analysis before making investment decisions.

Frequently Asked Questions:

1. What did Cohen & Steers, Inc. disclose about its stake in LXi REIT plc?
Cohen & Steers, Inc. publicly disclosed that it holds a 3.42% stake in LXi REIT plc, a real estate investment trust.

2. How many securities of LXi REIT plc does Cohen & Steers, Inc. currently own?
Cohen & Steers, Inc. currently owns 58,641,740 relevant securities of LXi REIT plc, including both owned and controlled securities.

3. Has Cohen & Steers, Inc. entered into derivative positions or settled contracts in LXi REIT plc securities?
No, Cohen & Steers, Inc. stated that it has not entered into any derivative positions or settled contracts in relation to LXi REIT plc securities.

4. What recent purchases of LXi REIT plc securities has Cohen & Steers, Inc. made?
Cohen & Steers, Inc. recently acquired 635,166 securities at a price of 1.0257 GBP per unit, 861 securities at a price of 1.0280 GBP per unit, 305,000 securities at a price of 1.0319 GBP per unit, and 2,007,426 securities at a price of 1.0351 GBP per unit.

5. What does this disclosure indicate about Cohen & Steers, Inc.’s confidence in LXi REIT plc?
This disclosure indicates Cohen & Steers, Inc.’s confidence in LXi REIT plc and its investment strategy in the real estate sector.

Definitions:

– Cohen & Steers, Inc.: An investment management firm.
– LXi REIT plc: A real estate investment trust.

Related Links:

– Cohen & Steers, Inc.
– LXi REIT plc