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

Barclays PLC

25 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:			24 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:				3,347,459	0.31%	8,145,025	0.74%
(2) Cash-settled derivatives:				7,810,064	0.71%	2,892,701	0.26%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				11,157,523	1.02%	11,037,726	1.01%
(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	620568	1.8635  GBP	1.8168  GBP
10p ordinary	Purchase	284337	1.8710  GBP	1.8460  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	5,751	1.8590  GBP
10p ordinary	SWAP	Decreasing Long	7	1.8510  GBP
10p ordinary	SWAP	Decreasing Long	16	1.8580  GBP
10p ordinary	SWAP	Decreasing Long	393	1.8570  GBP
10p ordinary	SWAP	Decreasing Long	410	1.8530  GBP
10p ordinary	SWAP	Decreasing Long	1,597	1.8480  GBP
10p ordinary	SWAP	Decreasing Long	3,696	1.8586  GBP
10p ordinary	SWAP	Decreasing Long	6,817	1.8483  GBP
10p ordinary	SWAP	Decreasing Long	16,081	1.8606  GBP
10p ordinary	SWAP	Decreasing Long	19,900	1.8605  GBP
10p ordinary	SWAP	Decreasing Long	21,099	1.8655  GBP
10p ordinary	SWAP	Decreasing Long	54,955	1.8610  GBP
10p ordinary	SWAP	Decreasing Short	33	1.8593  GBP
10p ordinary	SWAP	Decreasing Short	945	1.8522  GBP
10p ordinary	CFD	Decreasing Short	1,410	1.8168  GBP
10p ordinary	SWAP	Decreasing Short	13,179	1.8568  GBP
10p ordinary	SWAP	Decreasing Short	14,400	1.8584  GBP
10p ordinary	SWAP	Decreasing Short	28,898	1.8419  GBP
10p ordinary	SWAP	Increasing Long	485	1.8627  GBP
10p ordinary	SWAP	Increasing Long	692	1.8472  GBP
10p ordinary	SWAP	Increasing Long	1,044	1.8538  GBP
10p ordinary	SWAP	Increasing Long	1,224	1.8529  GBP
10p ordinary	SWAP	Increasing Long	1,587	1.8557  GBP
10p ordinary	SWAP	Increasing Long	1,855	1.8510  GBP
10p ordinary	SWAP	Increasing Long	2,479	1.8550  GBP
10p ordinary	SWAP	Increasing Long	4,753	1.8568  GBP
10p ordinary	SWAP	Increasing Long	5,367	1.8624  GBP
10p ordinary	SWAP	Increasing Long	6,879	1.8493  GBP
10p ordinary	SWAP	Increasing Long	8,751	1.8598  GBP
10p ordinary	SWAP	Increasing Long	25,690	1.8599  GBP
10p ordinary	SWAP	Increasing Long	97,017	1.8588  GBP
10p ordinary	SWAP	Increasing Long	98,085	1.8610  GBP
10p ordinary	SWAP	Increasing Long	144,099	1.8609  GBP
10p ordinary	SWAP	Increasing Short	106	1.8592  GBP
10p ordinary	SWAP	Increasing Short	562	1.8598  GBP
10p ordinary	CFD	Increasing Short	974	1.8660  GBP
10p ordinary	CFD	Increasing Short	25,220	1.8594  GBP
10p ordinary	SWAP	Increasing Short	99,824	1.8610  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:				25 Jan 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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