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

Barclays PLC

12 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:			11 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:				3,995,054	0.37%	744,698	0.07%
(2) Cash-settled derivatives:				519,212	0.05%	3,702,717	0.34%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				4,514,266	0.41%	4,447,415	0.41%
(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	584241	1.8790  GBP	1.8560  GBP
10p ordinary	Purchase	735543	1.8849  GBP	1.8532  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 Short	19,732	1.8711  GBP
10p ordinary	SWAP	Closing Short	49,706	1.8681  GBP
10p ordinary	SWAP	Decreasing Long	7	1.8601  GBP
10p ordinary	SWAP	Decreasing Long	11	1.8606  GBP
10p ordinary	SWAP	Decreasing Long	144	1.8782  GBP
10p ordinary	SWAP	Decreasing Long	2,730	1.8690  GBP
10p ordinary	SWAP	Decreasing Long	5,349	1.8659  GBP
10p ordinary	SWAP	Decreasing Long	5,426	1.8698  GBP
10p ordinary	SWAP	Decreasing Long	8,077	1.8648  GBP
10p ordinary	SWAP	Decreasing Long	13,578	1.8646  GBP
10p ordinary	SWAP	Decreasing Long	21,411	1.8651  GBP
10p ordinary	SWAP	Decreasing Long	26,232	1.8630  GBP
10p ordinary	SWAP	Decreasing Long	107,527	1.8671  GBP
10p ordinary	SWAP	Decreasing Short	2	1.8579  GBP
10p ordinary	SWAP	Decreasing Short	102	1.8739  GBP
10p ordinary	CFD	Decreasing Short	158	1.8725  GBP
10p ordinary	SWAP	Decreasing Short	196	1.8719  GBP
10p ordinary	SWAP	Decreasing Short	202	1.8503  GBP
10p ordinary	SWAP	Decreasing Short	900	1.8740  GBP
10p ordinary	SWAP	Decreasing Short	1,900	1.8758  GBP
10p ordinary	CFD	Decreasing Short	2,186	0.0000  GBP
10p ordinary	SWAP	Decreasing Short	2,334	1.8638  GBP
10p ordinary	SWAP	Decreasing Short	2,403	1.8644  GBP
10p ordinary	SWAP	Decreasing Short	4,212	1.8629  GBP
10p ordinary	SWAP	Decreasing Short	4,979	1.8683  GBP
10p ordinary	CFD	Decreasing Short	9,237	1.8593  GBP
10p ordinary	SWAP	Decreasing Short	10,734	1.8663  GBP
10p ordinary	SWAP	Decreasing Short	11,566	1.8633  GBP
10p ordinary	CFD	Decreasing Short	12,139	1.8735  GBP
10p ordinary	SWAP	Decreasing Short	13,388	1.8656  GBP
10p ordinary	SWAP	Decreasing Short	15,536	1.8687  GBP
10p ordinary	SWAP	Decreasing Short	37,792	1.8667  GBP
10p ordinary	SWAP	Decreasing Short	70,392	1.8630  GBP
10p ordinary	SWAP	Increasing Long	46	1.8739  GBP
10p ordinary	SWAP	Increasing Long	673	1.8709  GBP
10p ordinary	SWAP	Increasing Long	2,919	1.8664  GBP
10p ordinary	SWAP	Increasing Long	4,365	0.0000  GBP
10p ordinary	SWAP	Increasing Short	45	1.8690  GBP
10p ordinary	SWAP	Increasing Short	140	1.8737  GBP
10p ordinary	SWAP	Increasing Short	156	1.8533  GBP
10p ordinary	SWAP	Increasing Short	268	1.8660  GBP
10p ordinary	SWAP	Increasing Short	356	1.8760  GBP
10p ordinary	SWAP	Increasing Short	400	1.8749  GBP
10p ordinary	SWAP	Increasing Short	1,321	1.8738  GBP
10p ordinary	SWAP	Increasing Short	1,566	1.8811  GBP
10p ordinary	CFD	Increasing Short	2,274	1.8535  GBP
10p ordinary	SWAP	Increasing Short	2,634	1.8849  GBP
10p ordinary	SWAP	Increasing Short	5,063	1.8677  GBP
10p ordinary	SWAP	Increasing Short	6,726	1.8761  GBP
10p ordinary	SWAP	Increasing Short	8,528	0.0000  GBP
10p ordinary	SWAP	Increasing Short	16,930	1.8756  GBP
10p ordinary	SWAP	Increasing Short	17,820	1.8688  GBP
10p ordinary	SWAP	Opening Long	622	0.0000  GBP
10p ordinary	SWAP	Opening Long	1,797	1.8674  GBP
10p ordinary	SWAP	Opening Long	5,429	1.8629  GBP
10p ordinary	SWAP	Opening Long	5,429	1.8630  GBP
10p ordinary	SWAP	Opening Long	13,305	1.8648  GBP
10p ordinary	SWAP	Opening Long	83,413	1.8630  GBP
10p ordinary	SWAP	Opening Long	89,837	1.8633  GBP
10p ordinary	SWAP	Opening Short	210,000	1.8643  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:				12 Jan 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END