Form 8.5 (EPT/RI)-LondonMetric Property plc

JPMorgan Securities Plc

20 December 2023

 

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:	19 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	1,138,851 1,506,842	1.9660 GBP 1.9690 GBP	1.8820 GBP 1.8816 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	56,138 28,204 3,436 3,109 56,408 7,688 55,658 72,907 122 100,425 19,973 8,471 135,401 6,351 1,537 10 12,793 5,675 1 596 18 1,500 1 1,624 1 2,242 2,638 62,464 4,315 545 1,164 1,233 473 596 5 1,458 1,275 30,353 1,798 9,066 13,513 1 3,877 1,187 37,903 338 102,570 100,000 673 1,465 70,000 4,000 46,000 11,321 1,432	1.8820 GBP 1.8912 GBP 1.9016 GBP 1.9087 GBP 1.9161 GBP 1.9197 GBP 1.9256 GBP 1.8817 GBP 1.8819 GBP 1.8820 GBP 1.8860 GBP 1.8861 GBP 1.9041 GBP 1.9064 GBP 1.9080 GBP 1.9149 GBP 1.9171 GBP 1.9172 GBP 1.9195 GBP 1.9207 GBP 1.9220 GBP 1.9240 GBP 1.9415 GBP 1.9610 GBP 1.9660 GBP 1.9102 GBP 1.8820 GBP 1.8821 GBP 1.8958 GBP 1.9090 GBP 1.9114 GBP 1.9122 GBP 1.9125 GBP 1.9207 GBP 1.9211 GBP 1.9221 GBP 1.9247 GBP 1.9284 GBP 1.9285 GBP 1.9362 GBP 1.9413 GBP 1.9510 GBP 1.9530 GBP 1.9547 GBP 1.8816 GBP 1.9076 GBP 1.9078 GBP 1.9205 GBP 1.9339 GBP 1.9340 GBP 1.9488 GBP 1.9509 GBP 1.9528 GBP 1.8822 GBP 1.9312 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 [phone].

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

 

END