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

JPMorgan Securities Plc

18 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:	16 January 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 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	643,319 655,388	1.9470 GBP 1.9480 GBP	1.9000 GBP 1.9000 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	1,812  1,854  351  11,296  882  100  1,465  1  15,286  4,873  188,352  3,313  3,544  189  6,803  4,308  2,439  28,201  37,510  23,137  6,666  979  65,854  1,653  228,841  8,904  4,101  25  2,832  15  29  110  1,076  1  9,834  15,000  85,000	1.9212 GBP 1.9231 GBP 1.9262 GBP 1.9277 GBP 1.9133 GBP 1.9150 GBP 1.9163 GBP 1.9195 GBP 1.9203 GBP 1.9213 GBP 1.9230 GBP 1.9243 GBP 1.9245 GBP 1.9246 GBP 1.9255 GBP 1.9262 GBP 1.9311 GBP 1.9347 GBP 1.9362 GBP 1.9363 GBP 1.9370 GBP 1.9400 GBP 1.9305 GBP 1.9121 GBP 1.9230 GBP 1.9231 GBP 1.9270 GBP 1.9285 GBP 1.9309 GBP 1.9337 GBP 1.9338 GBP 1.9350 GBP 1.9427 GBP 1.9470 GBP 1.9227 GBP 1.9222 GBP 1.9224 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:	18 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