Form 8.5 (EPT/RI)-LondonMetric Property plc

JPMorgan Securities Plc

21 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:	20 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	1,888,345 1,736,528	1.9660 GBP 1.9600 GBP	1.8915 GBP 1.8940 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	23 527 2,200 341 7,662 3,001 58,060 25 1,642 15,250 6,290 32,707 59,067 990 1,123 1,401 19 2,907 12,743 22 10,847 20,669 101,002 2,830 1,225 3,627 637 62 123,212 2,435 29,479 1,653 2,257 11,720 2,159 11,675 15,670 12,400 11,730 604 1,863 6,326 1,225 1 6,175 1,287	1.8930 GBP 1.8960 GBP 1.8980 GBP 1.9031 GBP 1.9093 GBP 1.9100 GBP 1.9102 GBP 1.9111 GBP 1.9151 GBP 1.9165 GBP 1.9193 GBP 1.9265 GBP 1.9390 GBP 1.9391 GBP 1.9000 GBP 1.9200 GBP 1.9202 GBP 1.9205 GBP 1.9320 GBP 1.9330 GBP 1.9377 GBP 1.9389 GBP 1.9390 GBP 1.9458 GBP 1.9528 GBP 1.9551 GBP 1.9552 GBP 1.9599 GBP 1.9302 GBP 1.9390 GBP 1.9060 GBP 1.9137 GBP 1.9234 GBP 1.9246 GBP 1.9277 GBP 1.9390 GBP 1.9391 GBP 1.9392 GBP 1.9418 GBP 1.9434 GBP 1.9475 GBP 1.9521 GBP 1.9528 GBP 1.9570 GBP 1.9590 GBP 1.9600 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:	21 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