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

Barclays PLC
13 February 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:

12 Feb 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:

3,135,958

0.29%

10,507,309

0.96%

(2) Cash-settled derivatives:

10,111,315

0.92%

2,797,985

0.26%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

13,247,273

1.21%

13,305,294

1.22%

 








(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

510041

1.8990  GBP

1.8780  GBP

10p ordinary

Purchase

287088

1.8911  GBP

1.8763  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

1,104

1.8850  GBP

10p ordinary

SWAP

Closing Long

1,295

1.8789  GBP

10p ordinary

SWAP

Closing Short

13

1.8850  GBP

10p ordinary

SWAP

Closing Short

6,639

1.8817  GBP

10p ordinary

SWAP

Decreasing Long

126

1.8805  GBP

10p ordinary

SWAP

Decreasing Long

163

1.8858  GBP

10p ordinary

SWAP

Decreasing Long

165

1.8841  GBP

10p ordinary

SWAP

Decreasing Long

236

1.8820  GBP

10p ordinary

SWAP

Decreasing Long

314

1.8880  GBP

10p ordinary

SWAP

Decreasing Long

320

1.8810  GBP

10p ordinary

SWAP

Decreasing Long

340

1.8830  GBP

10p ordinary

SWAP

Decreasing Long

406

1.8800  GBP

10p ordinary

SWAP

Decreasing Long

1,475

1.8804  GBP

10p ordinary

SWAP

Decreasing Long

4,217

1.8793  GBP

10p ordinary

SWAP

Decreasing Long

9,648

1.8818  GBP

10p ordinary

SWAP

Decreasing Long

11,969

1.8791  GBP

10p ordinary

SWAP

Decreasing Long

19,154

1.8850  GBP

10p ordinary

SWAP

Decreasing Long

36,803

1.8817  GBP

10p ordinary

SWAP

Decreasing Long

56,776

1.8808  GBP

10p ordinary

SWAP

Decreasing Short

100

1.8899  GBP

10p ordinary

SWAP

Decreasing Short

1,626

1.8825  GBP

10p ordinary

SWAP

Decreasing Short

3,965

1.8827  GBP

10p ordinary

SWAP

Decreasing Short

5,826

1.8864  GBP

10p ordinary

CFD

Decreasing Short

9,586

1.8850  GBP

10p ordinary

CFD

Decreasing Short

11,281

1.8879  GBP

10p ordinary

SWAP

Increasing Long

136

1.8941  GBP

10p ordinary

SWAP

Increasing Long

281

1.8800  GBP

10p ordinary

SWAP

Increasing Long

720

1.8780  GBP

10p ordinary

SWAP

Increasing Long

905

1.8836  GBP

10p ordinary

SWAP

Increasing Long

1,073

1.8790  GBP

10p ordinary

SWAP

Increasing Long

2,117

1.8955  GBP

10p ordinary

SWAP

Increasing Long

6,279

1.8792  GBP

10p ordinary

SWAP

Increasing Long

6,602

1.8787  GBP

10p ordinary

SWAP

Increasing Long

8,396

1.8876  GBP

10p ordinary

SWAP

Increasing Long

10,537

1.8803  GBP

10p ordinary

SWAP

Increasing Long

18,065

1.8803  GBP

10p ordinary

SWAP

Increasing Long

27,305

1.8802  GBP

10p ordinary

SWAP

Increasing Long

28,000

1.8804  GBP

10p ordinary

SWAP

Increasing Long

43,707

1.8807  GBP

10p ordinary

SWAP

Increasing Long

93,131

1.8850  GBP

10p ordinary

SWAP

Increasing Long

95,006

1.8849  GBP

10p ordinary

SWAP

Increasing Short

274

1.8804  GBP

10p ordinary

CFD

Increasing Short

1,963

1.8804  GBP

10p ordinary

SWAP

Increasing Short

3,526

1.8822  GBP

10p ordinary

CFD

Increasing Short

8,893

1.8862  GBP

10p ordinary

SWAP

Opening Short

289

1.8810  GBP

10p ordinary

SWAP

Opening Short

1,137

1.8783  GBP

10p ordinary

SWAP

Opening Short

6,722

1.8804  GBP

10p ordinary

SWAP

Opening Short

6,908

1.8800  GBP

10p ordinary

SWAP

Opening Short

8,030

1.8850  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:

13 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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