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

Barclays PLC
24 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:

23 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:

3,297,328

0.30%

7,758,663

0.71%

(2) Cash-settled derivatives:

7,534,921

0.69%

2,830,631

0.26%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

10,832,249

0.99%

10,589,294

0.97%

 








(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

878720

1.8651  GBP

1.8190  GBP

10p ordinary

Purchase

353582

1.8460  GBP

1.8190  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

1

1.8435  GBP

10p ordinary

SWAP

Decreasing Long

11

1.8360  GBP

10p ordinary

SWAP

Decreasing Long

11

1.8440  GBP

10p ordinary

SWAP

Decreasing Long

28

1.8347  GBP

10p ordinary

SWAP

Decreasing Long

1,654

1.8460  GBP

10p ordinary

SWAP

Decreasing Long

1,851

1.8410  GBP

10p ordinary

SWAP

Decreasing Long

3,683

1.8400  GBP

10p ordinary

SWAP

Decreasing Long

5,460

1.8374  GBP

10p ordinary

SWAP

Decreasing Long

19,407

1.8383  GBP

10p ordinary

SWAP

Decreasing Long

40,614

1.8230  GBP

10p ordinary

SWAP

Decreasing Short

239

1.8276  GBP

10p ordinary

CFD

Decreasing Short

2,497

1.8229  GBP

10p ordinary

SWAP

Decreasing Short

3,600

1.8313  GBP

10p ordinary

CFD

Decreasing Short

4,419

1.8257  GBP

10p ordinary

CFD

Decreasing Short

8,865

1.8167  GBP

10p ordinary

SWAP

Decreasing Short

17,415

1.8317  GBP

10p ordinary

SWAP

Decreasing Short

18,831

1.8346  GBP

10p ordinary

CFD

Decreasing Short

51,417

1.8228  GBP

10p ordinary

SWAP

Decreasing Short

111,478

1.8226  GBP

10p ordinary

SWAP

Increasing Long

2,216

1.8316  GBP

10p ordinary

SWAP

Increasing Long

2,377

1.8430  GBP

10p ordinary

SWAP

Increasing Long

2,585

1.8342  GBP

10p ordinary

SWAP

Increasing Long

4,675

1.8189  GBP

10p ordinary

SWAP

Increasing Long

5,244

1.8277  GBP

10p ordinary

SWAP

Increasing Long

7,941

1.8343  GBP

10p ordinary

SWAP

Increasing Long

8,556

1.8276  GBP

10p ordinary

SWAP

Increasing Long

12,937

1.8235  GBP

10p ordinary

SWAP

Increasing Long

32,018

1.8279  GBP

10p ordinary

SWAP

Increasing Long

51,431

1.8309  GBP

10p ordinary

SWAP

Increasing Long

241,785

1.8230  GBP

10p ordinary

SWAP

Increasing Short

141

1.8258  GBP

10p ordinary

CFD

Increasing Short

2,497

1.8321  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:

24 Jan 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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