U+I’s shares will be delisted from the London Stock Exchange next week as Landsec takes the developer private.
At a court meeting and general meeting held today, shareholders approved Landsec’s £190m takeover of U+I, described by Landsec chief executive Mark Allan last month as “a more entrepreneurial approach to how we can create value for our shareholders”.
Under the current schedule, Monday 13 December would be the final day for trading in U+I’s shares, with the company delisted two days later.
