Form 8.5 (EPT/NON-RI) LONDONMETRIC PROPERTY PLC

Barclays PLC
19 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:

18 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:

3,435,598

0.31%

6,705,348

0.61%

(2) Cash-settled derivatives:

6,550,564

0.60%

3,107,064

0.28%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

9,986,162

0.91%

9,812,412

0.90%

 








(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

1396438

1.8506  GBP

1.8010  GBP

10p ordinary

Purchase

213337

1.8495  GBP

1.7998  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

Decreasing Long

11

1.8391  GBP

10p ordinary

SWAP

Decreasing Long

114

1.8240  GBP

10p ordinary

SWAP

Decreasing Long

441

1.8400  GBP

10p ordinary

SWAP

Decreasing Long

642

1.8460  GBP

10p ordinary

SWAP

Decreasing Long

2,270

1.8405  GBP

10p ordinary

SWAP

Decreasing Long

4,688

1.8330  GBP

10p ordinary

SWAP

Decreasing Long

6,067

1.8368  GBP

10p ordinary

SWAP

Decreasing Long

10,545

1.8250  GBP

10p ordinary

SWAP

Decreasing Long

16,256

1.8360  GBP

10p ordinary

SWAP

Decreasing Short

201

1.8437  GBP

10p ordinary

SWAP

Decreasing Short

1,151

1.8338  GBP

10p ordinary

CFD

Decreasing Short

2,010

1.8363  GBP

10p ordinary

SWAP

Decreasing Short

3,215

1.8293  GBP

10p ordinary

CFD

Decreasing Short

5,504

1.8330  GBP

10p ordinary

CFD

Decreasing Short

10,991

1.8328  GBP

10p ordinary

SWAP

Decreasing Short

12,043

1.8246  GBP

10p ordinary

SWAP

Decreasing Short

21,100

1.8403  GBP

10p ordinary

SWAP

Decreasing Short

21,801

1.8345  GBP

10p ordinary

SWAP

Increasing Long

93

1.8436  GBP

10p ordinary

SWAP

Increasing Long

512

1.8370  GBP

10p ordinary

SWAP

Increasing Long

564

1.8361  GBP

10p ordinary

SWAP

Increasing Long

1,149

1.8470  GBP

10p ordinary

SWAP

Increasing Long

1,189

1.8353  GBP

10p ordinary

SWAP

Increasing Long

2,372

1.8374  GBP

10p ordinary

SWAP

Increasing Long

2,666

1.8346  GBP

10p ordinary

SWAP

Increasing Long

3,879

1.8396  GBP

10p ordinary

SWAP

Increasing Long

6,209

1.8329  GBP

10p ordinary

SWAP

Increasing Long

6,889

1.8400  GBP

10p ordinary

SWAP

Increasing Long

10,067

1.8348  GBP

10p ordinary

SWAP

Increasing Long

13,659

1.8325  GBP

10p ordinary

SWAP

Increasing Long

39,318

1.8249  GBP

10p ordinary

SWAP

Increasing Long

41,884

1.8306  GBP

10p ordinary

SWAP

Increasing Long

56,218

1.8250  GBP

10p ordinary

SWAP

Increasing Long

94,467

1.8337  GBP

10p ordinary

SWAP

Increasing Long

141,946

1.8349  GBP

10p ordinary

SWAP

Increasing Long

180,720

1.8327  GBP

10p ordinary

SWAP

Increasing Long

275,992

1.8369  GBP

10p ordinary

SWAP

Increasing Long

302,297

1.8330  GBP

10p ordinary

SWAP

Increasing Short

100

1.8410  GBP

10p ordinary

SWAP

Increasing Short

100

1.8390  GBP

10p ordinary

SWAP

Increasing Short

13,162

1.8370  GBP

10p ordinary

CFD

Increasing Short

30,152

1.8309  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:

19 Jan 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100