AMENDMENT
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: |
J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree |
LondonMetric Property plc |
(c) Name of the party to the offer with which exempt principal trader is connected: |
Financial advisor and corporate broker to LondonMetric Property plc |
(d) Date dealing undertaken: |
18 December 2023 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" |
Yes, LXi REIT plc |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security |
Purchases/ sales
|
Total number of securities |
Highest price per unit paid/received |
Lowest price per unit paid/received |
10p ordinary |
Purchase
Sale |
1,943,138
1,812,144 |
1.9910 GBP
1.9910 GBP |
1.9510 GBP
1.9529 GBP |
(b) Cash-settled derivative transactions
Class of relevant security |
Product description e.g. CFD |
Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position |
Number of reference securities |
Price per unit |
10p ordinary |
Equity Swap |
Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position |
71,600 27,633 4,037 374 4,796 9,193 3,996 30,947 1,831 19,403 12,008 3,993 88,057 1,181
318 280,766 21 5,663,102 21 75,000 1,458 9 9 2,003 13 4
29,767 65,359 3,404 3,362 191 207 19,967 8,023 4,089 2 6,233 12,008 6,608 21,124 1,181 8,000
2,819 298 541 459 9,198 202,915 64,849 4,698 2,682 5,663,102 10,049 582
5,000
5,000
|
1.6540 GBP 1.7544 GBP 1.8184 GBP 1.9582 GBP 1.9583 GBP 1.9600 GBP 1.9602 GBP 1.9604 GBP 1.9612 GBP 1.9616 GBP 1.9617 GBP 1.9633 GBP 1.9740 GBP 1.9787 GBP
1.9599 GBP 1.9600 GBP 1.9632 GBP 1.9650 GBP 1.9659 GBP 1.9662 GBP 1.9672 GBP 1.9675 GBP 1.9719 GBP 1.9722 GBP 1.9841 GBP 1.9910 GBP
0.0000 GBP 1.6329 GBP 1.6331 GBP 1.6333 GBP 1.6367 GBP 1.6380 GBP 1.7320 GBP 1.7321 GBP 1.7953 GBP 1.9600 GBP 1.9607 GBP 1.9617 GBP 1.9685 GBP 1.9694 GBP 1.9787 GBP 1.9900 GBP
1.9520 GBP 1.9531 GBP 1.9574 GBP 1.9575 GBP 1.9585 GBP 1.9600 GBP 1.9601 GBP 1.9608 GBP 1.9647 GBP 1.9650 GBP 1.9655 GBP 1.9789 GBP
1.9573 GBP
1.9806 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security |
Product description e.g. call option |
Writing, purchasing, selling, varying etc. |
Number of securities to which option relates |
Exercise price per unit |
Type e.g. American, European etc. |
Expiry date |
Option money paid/ received per unit |
|
|
|
|
|
|
|
|
(ii) Exercise
Class of relevant security |
Product description e.g. call option |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
|
|
|
|
|
(d) Other dealings (including subscribing for new securities)
Class of relevant security |
Nature of dealing e.g. subscription, conversion |
Details |
Price per unit (if applicable) |
|
|
|
|
3. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None
|
Date of disclosure: |
20 December 2023 |
Contact name: |
Natasha Mondon |
Telephone number: |
01202 325175 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.