Scheme document published for the £43.8 million recommended all-share acquisition of Highcroft Investments by Londonmetric Property
April 2025
Highcroft Investments is an internally managed Real Estate Investment Trust (REIT) which invests in commercial property in England and Wales.
The company is listed on listed on The International Stock Exchange, having previously been listed on the premium segment of the main market of the London Stock Exchange.
LondonMetric is a FTSE 100 listed REIT that owns and manages desirable real estate that meets occupiers demands and delivers reliable, repetitive and growing income-led returns and outperforms over the long term.
As a real estate owner, they look to help occupiers, communities and stakeholders grow, thrive and revitalise in an evolving and complex world.
On 27th March 2025 the boards of LondonMetric and Highcroft announced that they had reached agreement on the terms of a recommended all-share offer, pursuant to which LondonMetric will acquire the entire issued and to be issued share capital of Highcroft to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006
Publication of the Scheme Document
The Perivan shareholder communications team was delighted to work with Bryan Cave Leighton Paisner who acted as Legal Adviser to Highcroft on the Scheme and associated ancillary documents, which were successfully published and posted to qualifying shareholders on 24th April 2025.
For more information, click here.
Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.