Court and General Meeting Results

Summary by AI BETAClose X

Life Science REIT plc announced that shareholders have approved the recommended cash and share offer by The British Land Company PLC at both the Court Meeting and General Meeting held on March 19, 2026. This significant step means the necessary resolutions for the scheme of arrangement have been passed, with a substantial majority of Scheme Shareholders voting in favour of the scheme and Life Science REIT Shareholders approving the resolution to implement the scheme. The acquisition is now progressing towards completion, with the Court Sanction Hearing expected on April 16, 2026, and the scheme becoming effective on April 20, 2026.

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