Form 8.5 (EPT/NON-RI) - LondonMetric Property plc

Barclays PLC

16 January 2024

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.	KEY INFORMATION
(a)	Name of exempt principal trader:			BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			LONDONMETRIC PROPERTY PLC
(c)	Name of the party to the offer with which exempt  principal trader is connected			LONDONMETRIC PROPERTY PLC
(d)	Date position held/dealing undertaken:			15 Jan 2024
(e)	In addition to the company in 1(b) above, is the exempt principal  trader making disclosures in respect of any other party to the offer?			YES:  LXI REIT PLC
2.	POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				3,732,912	0.34%	2,833,631	0.26%
(2) Cash-settled derivatives:				2,485,255	0.23%	3,411,380	0.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				6,218,167	0.57%	6,245,011	0.57%
(b)	Rights to subscribe for new securities (including directors and other executive options)
Class of relevant security in relation to  which subscription right exists
Details, including nature of the rights  concerned and relevant percentages:
3.	DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Total number of  securities	Highest price per unit  paid/received	Lowest price per unit  paid/received
10p ordinary	Sale	1940743	1.9339  GBP	1.9052  GBP
10p ordinary	Purchase	982578	1.9340  GBP	1.9030  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Closing Long	5,281	1.9339  GBP
10p ordinary	SWAP	Closing Long	5,903	1.9340  GBP
10p ordinary	SWAP	Decreasing Long	697	1.9170  GBP
10p ordinary	SWAP	Decreasing Long	5,882	1.9161  GBP
10p ordinary	SWAP	Decreasing Long	5,968	1.9130  GBP
10p ordinary	SWAP	Decreasing Long	6,197	1.9251  GBP
10p ordinary	SWAP	Decreasing Long	7,575	1.9252  GBP
10p ordinary	SWAP	Decreasing Long	760,398	1.9040  GBP
10p ordinary	CFD	Decreasing Short	55	1.9141  GBP
10p ordinary	SWAP	Decreasing Short	100	1.9239  GBP
10p ordinary	SWAP	Decreasing Short	838	1.9103  GBP
10p ordinary	SWAP	Decreasing Short	1,289	1.9079  GBP
10p ordinary	SWAP	Decreasing Short	1,764	1.9100  GBP
10p ordinary	SWAP	Decreasing Short	1,782	1.9074  GBP
10p ordinary	SWAP	Decreasing Short	2,357	1.9338  GBP
10p ordinary	SWAP	Decreasing Short	3,284	1.9082  GBP
10p ordinary	SWAP	Decreasing Short	4,985	1.9102  GBP
10p ordinary	SWAP	Decreasing Short	5,419	1.9083  GBP
10p ordinary	CFD	Decreasing Short	5,875	1.9250  GBP
10p ordinary	SWAP	Decreasing Short	5,884	1.9124  GBP
10p ordinary	CFD	Decreasing Short	7,222	1.9201  GBP
10p ordinary	CFD	Decreasing Short	7,854	1.9101  GBP
10p ordinary	SWAP	Decreasing Short	19,208	1.9148  GBP
10p ordinary	CFD	Decreasing Short	29,644	1.9338  GBP
10p ordinary	SWAP	Decreasing Short	50,660	1.9336  GBP
10p ordinary	SWAP	Decreasing Short	122,792	1.9273  GBP
10p ordinary	SWAP	Increasing Long	1,061	1.9121  GBP
10p ordinary	SWAP	Increasing Long	1,222	1.9280  GBP
10p ordinary	SWAP	Increasing Long	2,533	1.9100  GBP
10p ordinary	SWAP	Increasing Long	2,777	1.9132  GBP
10p ordinary	SWAP	Increasing Long	2,935	1.9108  GBP
10p ordinary	SWAP	Increasing Long	3,364	1.9118  GBP
10p ordinary	SWAP	Increasing Long	3,496	1.9266  GBP
10p ordinary	SWAP	Increasing Long	5,223	1.9074  GBP
10p ordinary	SWAP	Increasing Long	6,630	1.9155  GBP
10p ordinary	SWAP	Increasing Long	12,478	1.9073  GBP
10p ordinary	SWAP	Increasing Long	19,852	1.9340  GBP
10p ordinary	SWAP	Increasing Long	32,009	1.9127  GBP
10p ordinary	SWAP	Increasing Long	124,561	1.9152  GBP
10p ordinary	SWAP	Increasing Long	124,813	1.9339  GBP
10p ordinary	SWAP	Increasing Long	148,526	1.9340  GBP
10p ordinary	SWAP	Increasing Long	165,911	1.9160  GBP
10p ordinary	SWAP	Increasing Long	380,658	1.9146  GBP
10p ordinary	SWAP	Increasing Long	468,003	1.9156  GBP
10p ordinary	SWAP	Increasing Short	228	1.9030  GBP
10p ordinary	SWAP	Increasing Short	300	1.9210  GBP
10p ordinary	SWAP	Increasing Short	525	1.9100  GBP
10p ordinary	CFD	Increasing Short	7,132	1.9116  GBP
10p ordinary	SWAP	Increasing Short	12,200	1.9111  GBP
10p ordinary	SWAP	Increasing Short	105,000	1.9204  GBP
10p ordinary	SWAP	Opening Long	10	1.9220  GBP
10p ordinary	SWAP	Opening Long	17	1.9237  GBP
10p ordinary	SWAP	Opening Long	347	1.9229  GBP
10p ordinary	SWAP	Opening Long	458	1.9239  GBP
10p ordinary	SWAP	Opening Long	4,743	1.9287  GBP
10p ordinary	SWAP	Opening Long	5,056	1.9261  GBP
10p ordinary	SWAP	Opening Long	10,129	1.9284  GBP
10p ordinary	SWAP	Opening Long	12,377	1.9243  GBP
10p ordinary	SWAP	Opening Long	37,765	1.9339  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,  formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by  the exempt principal trader making the disclosure and any party  to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between  the exempt principal trader making the disclosure and any other person relating to:  (i)   the voting rights of any relevant securities under any option; or  (ii)   the voting rights of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				16 Jan 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END