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: |
3 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 |
1,374,689
1,662,915 |
1.9180 GBP
1.9068 GBP |
1.8660 GBP
1.8660 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 |
4,900 4,063 18,644 1,371 3,848 72,070 18,675 3,370 4,289 106,556 9,336 13,146 113 2,050 601 5,291 2,768
14 6,924 179,987 28,702 215,438 322,670 8 1 43,248 4 1,072 202
1,371 15,797 3,749 2,947 305
609 1,230 2,110 1,037 11,553 174,406 1 14,825 9,418 2,423 920 4,529 20,817 4,188 505
8,488
8,488 |
1.8698 GBP 1.8721 GBP 1.8736 GBP 1.8739 GBP 1.8741 GBP 1.8764 GBP 1.8766 GBP 1.8767 GBP 1.8773 GBP 1.8774 GBP 1.8776 GBP 1.8788 GBP 1.8790 GBP 1.8801 GBP 1.8846 GBP 1.8910 GBP 1.8913 GBP
1.8726 GBP 1.8730 GBP 1.8737 GBP 1.8739 GBP 1.8740 GBP 1.8742 GBP 1.8758 GBP 1.8760 GBP 1.8761 GBP 1.8815 GBP 1.9043 GBP 1.9049 GBP
1.8739 GBP 1.8740 GBP 1.8765 GBP 1.9000 GBP 1.9041 GBP
1.8700 GBP 1.8714 GBP 1.8720 GBP 1.8727 GBP 1.8737 GBP 1.8740 GBP 1.8770 GBP 1.8772 GBP 1.8784 GBP 1.8792 GBP 1.8793 GBP 1.8812 GBP 1.8814 GBP 1.8832 GBP 1.9020 GBP
1.8740 GBP
1.9060 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 |
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(ii) Exercise
Class of relevant security |
Product description e.g. call option |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
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|
(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) |
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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: |
4 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 +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.