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

 

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