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

JPMorgan Securities Plc

16 January 2024

 

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	1,280,943 1,111,403	1.9840 1.9910	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:	16 January 2024
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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END