Form 8.5 (EPT/RI)-LondonMetric Property plc

JPMorgan Securities Plc

15 January 2024

 

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:	12 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	2,165,313 1,759,003	1.9120 GBP 1.9120 GBP	1.8870 GBP 1.8860 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 Short Position	841 19 33 37 1,347 108,521 22,580 3,222 1,158,466 11,278 95,493 3,129 1,749 6,894 1 25,926 14,900 20,398 30,728 1,832 59,011 1,506 725 5,936 3,725 35,526 10 1,994 4,500 1,957 26,014 1,310 4,301 16,119 32,659 422 15,442 132,483 581 582 3,840 29,023 6,391 22,448 858 1 10,845 6,836 145,393	1.8870 GBP 1.8920 GBP 1.8940 GBP 1.8964 GBP 1.9000 GBP 1.9004 GBP 1.9008 GBP 1.9012 GBP 1.9019 GBP 1.9030 GBP 1.9040 GBP 1.9046 GBP 1.9086 GBP 1.9100 GBP 1.8860 GBP 1.8958 GBP 1.8966 GBP 1.8969 GBP 1.8972 GBP 1.8975 GBP 1.8979 GBP 1.9007 GBP 1.9009 GBP 1.9036 GBP 1.9038 GBP 1.9039 GBP 1.8849 GBP 1.8916 GBP 1.8945 GBP 1.8950 GBP 1.8964 GBP 1.8978 GBP 1.8989 GBP 1.8991 GBP 1.8993 GBP 1.8995 GBP 1.8997 GBP 1.9008 GBP 1.9019 GBP 1.9020 GBP 1.9026 GBP 1.9033 GBP 1.9038 GBP 1.9039 GBP 1.9080 GBP 1.8940 GBP 1.9001 GBP 1.9040 GBP 1.9040 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:	15 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