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

JPMorgan Securities Plc

25 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:	22 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	575,568 775,782	1.8644 GBP 1.8670 GBP	1.8377 GBP 1.8340 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	573  8,546  6,507  26,027  541  40,843  91  4,617  14  11,461  8,415  29  550  4  6,407  325  21,389  542  386  725  6,370  20,234  2,779  48,887  36,540  23,823  13,068  1  34,085  1,929  4,714  3,112  492  7,270  2,600  11,157  9  115  2,122  2,621  2,583  480  480	1.8407 GBP 1.8431 GBP 1.8445 GBP 1.8449 GBP 1.8453 GBP 1.8468 GBP 1.8560 GBP 1.8410 GBP 1.8418 GBP 1.8447 GBP 1.8453 GBP 1.8455 GBP 1.8456 GBP 1.8459 GBP 1.8460 GBP 1.8465 GBP 1.8474 GBP 1.8620 GBP 1.8662 GBP 1.8670 GBP 1.8423 GBP 1.8435 GBP 1.8439 GBP 1.8446 GBP 1.8453 GBP 1.8460 GBP 1.8479 GBP 1.8480 GBP 1.8525 GBP 1.8377 GBP 1.8378 GBP 1.8440 GBP 1.8450 GBP 1.8461 GBP 1.8467 GBP 1.8482 GBP 1.8483 GBP 1.8504 GBP 1.8584 GBP 1.8589 GBP 1.8620 GBP 1.8580 GBP 1.8460 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:	25 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