Form 8.5 (EPT/NON-RI) - LXi REIT 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:			LXI REIT 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:  LONDONMETRIC PROPERTY 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:				1p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				4,869,328	0.28%	5,077,306	0.30%
(2) Cash-settled derivatives:				4,555,419	0.27%	4,162,590	0.24%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				9,424,747	0.55%	9,239,896	0.54%
(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
1p ordinary	Purchase	2562695	1.0722  GBP	1.0620  GBP
1p ordinary	Sale	1197813	1.0710  GBP	1.0565  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
1p ordinary	SWAP	Closing Long	210,744	1.0710  GBP
1p ordinary	SWAP	Closing Long	299,450	1.0679  GBP
1p ordinary	SWAP	Decreasing Long	11	1.0667  GBP
1p ordinary	SWAP	Decreasing Long	16	1.0666  GBP
1p ordinary	SWAP	Decreasing Long	21	1.0682  GBP
1p ordinary	SWAP	Decreasing Long	74	1.0681  GBP
1p ordinary	SWAP	Decreasing Long	98	1.0671  GBP
1p ordinary	SWAP	Decreasing Long	104	1.0700  GBP
1p ordinary	SWAP	Decreasing Long	300	1.0722  GBP
1p ordinary	SWAP	Decreasing Long	1,076	1.0686  GBP
1p ordinary	SWAP	Decreasing Long	4,687	1.0680  GBP
1p ordinary	SWAP	Decreasing Long	4,727	1.0712  GBP
1p ordinary	SWAP	Decreasing Long	12,036	1.0685  GBP
1p ordinary	SWAP	Decreasing Long	13,112	1.0676  GBP
1p ordinary	SWAP	Decreasing Long	15,594	1.0690  GBP
1p ordinary	SWAP	Decreasing Long	30,802	1.0693  GBP
1p ordinary	SWAP	Decreasing Long	48,610	1.0698  GBP
1p ordinary	SWAP	Decreasing Long	114,349	1.0710  GBP
1p ordinary	SWAP	Decreasing Long	362,378	1.0699  GBP
1p ordinary	SWAP	Decreasing Short	1,664	1.0673  GBP
1p ordinary	CFD	Decreasing Short	1,803	1.0706  GBP
1p ordinary	SWAP	Decreasing Short	5,769	1.0679  GBP
1p ordinary	SWAP	Decreasing Short	10,019	1.0669  GBP
1p ordinary	CFD	Decreasing Short	11,036	1.0688  GBP
1p ordinary	CFD	Decreasing Short	11,479	1.0686  GBP
1p ordinary	SWAP	Decreasing Short	16,689	1.0688  GBP
1p ordinary	CFD	Decreasing Short	83,745	1.0710  GBP
1p ordinary	SWAP	Decreasing Short	167,371	1.0683  GBP
1p ordinary	SWAP	Decreasing Short	167,509	1.0710  GBP
1p ordinary	SWAP	Increasing Long	3,640	1.0650  GBP
1p ordinary	SWAP	Increasing Long	20,400	1.0689  GBP
1p ordinary	SWAP	Increasing Short	166	1.0695  GBP
1p ordinary	SWAP	Increasing Short	2,730	1.0680  GBP
1p ordinary	SWAP	Increasing Short	924,775	1.0691  GBP
1p ordinary	SWAP	Opening Short	9	1.0660  GBP
1p ordinary	SWAP	Opening Short	507	1.0690  GBP
1p ordinary	SWAP	Opening Short	756	1.0688  GBP
1p ordinary	SWAP	Opening Short	2,871	1.0695  GBP
1p ordinary	SWAP	Opening Short	4,063	1.0700  GBP
1p ordinary	SWAP	Opening Short	5,418	1.0685  GBP
1p ordinary	SWAP	Opening Short	9,630	1.0695  GBP
1p ordinary	SWAP	Opening Short	19,363	1.0710  GBP
1p ordinary	SWAP	Opening Short	27,585	1.0687  GBP
1p ordinary	SWAP	Opening Short	35,196	1.0699  GBP
1p ordinary	SWAP	Opening Short	112,639	1.0620  GBP
1p ordinary	SWAP	Opening Short	120,428	1.0697  GBP
1p ordinary	SWAP	Opening Short	531,431	1.0688  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

 

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