LEXINGTON REALTY TRUST (NYSE:LXP) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
On November 7, 2017, we issued a press release announcing our financial results for the quarter ended September 30, 2017. A copy of the press release is furnished herewith as part of Exhibit 99.1.
The information furnished to this “Item 2.02 – Results of Operations and Financial Condition”, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, which we refer to as the Exchange Act, or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing made by us under the Exchange Act or Securities Act of 1933, as amended, which we refer to as the Securities Act, regardless of any general incorporation language in any such filing, except as shall be expressly set forth by specific reference in such a filing.
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective November 8, 2017, our Board of Trustees appointed Howard Roth as a member of the Board of Trustees, to fill the vacancy that was created when Richard J. Rouse was not nominated for reelection at the 2017 Annual Meeting of Shareholders. Mr. Roth was also appointed to the Audit Committee of the Board of Trustees.
Mr. Roth is a principal of HSR Advisors, a consulting firm providing strategic and financial advice. Mr. Roth recently retired from Ernst & Young LLP as the leader of the firm’s global Real Estate, Hospitality & Construction (RHC) practice. Mr. Roth was a partner at Ernst & Young LLP (including its predecessor firm, Kenneth Leventhal & Co.) since 1991. Mr. Roth is also an Advisory Board Member of Hodes Weill & Associates.
The Board of Trustees has determined that Mr. Roth (1) has no material relationship with the Trust or its affiliates or any member of the management of the Trust or his or her affiliates, (2) is “independent” under the Trust’s Corporate Governance Guidelines and the New York Stock Exchange listing standards, and (3) qualifies as an “Audit Committee Financial Expert” in accordance with Item 407(d)(5) of Regulation S-K.
| Item 7.01. | Regulation FD Disclosure. |
On November 7, 2017, we made available supplemental information, which we refer to as the “Quarterly Supplemental Information, Third Quarter 2017,” a copy of which is furnished herewith as Exhibit 99.1.
Also on November 7, 2017, our management discussed our financial results and certain aspects of our business plan on a conference call with analysts and investors. A transcript of the conference call is furnished herewith as Exhibit 99.2.
The information furnished to this “Item 7.01 – Regulation FD Disclosure”, including Exhibit 99.1 and Exhibit 99.2, shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing made by us under the Exchange Act or the Securities Act, regardless of any general incorporation language in any such filing, except as shall be expressly set forth by specific reference in such a filing. Information contained on our web site is not incorporated by reference into this Current Report on Form 8-K.
| Item 9.01. | Financial Statements and Exhibits. |
LEXINGTON REALTY TRUST ExhibitEX-99.1 2 tv478806_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 LEXINGTON REALTY TRUST QUARTERLY SUPPLEMENTAL INFORMATION September 30,…To view the full exhibit click here
About LEXINGTON REALTY TRUST (NYSE:LXP)
Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. The Company’s segment is single-tenant real estate assets. The Company also provides investment advisory and asset management services to investors in the single-tenant area. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in over 40 states and containing an aggregate of approximately 42.3 million square feet of space, approximately 96.8% of which was leased. The properties in which the Company has an interest are leased to tenants in various industries, including service, automotive, technology, transportation and logistics, and finance and insurance.