Form 8.3 - LXI REIT plc

Credit Agricole S.A.

22 February 2024

 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	Credit Agricole S.A.
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	LXI REIT plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	20/02/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	YES LondonMetric Property plc

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	221,656	0.01	-10,310,226	0.60
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	35,299,904	2.06
TOTAL:	35,521,560	2.07	-10,310,226	0.60

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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	Purchase/sale	Number of securities	Price per unit
1p ordinary	Sale	-3,066	£1.022
1p ordinary	Sale	-56,283	£1.019

(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

(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)

4.         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 person 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 person 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.

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:	22/02/2024
Contact name:	Tiago Duarte
Telephone number*:	[phone]

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 disclosure requirements on [phone].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

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

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

1.         KEY INFORMATION

Full name of person making disclosure:	Tiago Duarte
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	LXI REIT plc

2.         STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date
1p ordinary	Call option	Purchased	606363	£1.104	European	12/01/2024
1p ordinary	Call option	Purchased	606363	£1.104	European	15/01/2024
1p ordinary	Call option	Purchased	606363	£1.104	European	16/01/2024
1p ordinary	Call option	Purchased	606363	£1.104	European	17/01/2024
1p ordinary	Call option	Purchased	606363	£1.104	European	18/01/2024
1p ordinary	Call option	Purchased	606363	£1.104	European	19/01/2024
1p ordinary	Call option	Purchased	606363	£1.104	European	22/01/2024
1p ordinary	Call option	Purchased	606363	£1.104	European	23/01/2024
1p ordinary	Call option	Purchased	606363	£1.104	European	24/01/2024
1p ordinary	Call option	Purchased	606363	£1.104	European	25/01/2024
1p ordinary	Call option	Purchased	606370	£1.104	European	26/01/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	12/04/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	15/04/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	16/04/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	17/04/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	18/04/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	19/04/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	22/04/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	23/04/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	24/04/2024
1p ordinary	Call option	Purchased	606363	£1.125	European	25/04/2024
1p ordinary	Call option	Purchased	606370	£1.125	European	26/04/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	12/07/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	15/07/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	16/07/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	17/07/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	18/07/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	19/07/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	22/07/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	23/07/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	24/07/2024
1p ordinary	Call option	Purchased	606363	£1.145	European	25/07/2024
1p ordinary	Call option	Purchased	606370	£1.145	European	26/07/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	04/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	05/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	06/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	07/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	08/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	11/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	12/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	13/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	14/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	15/11/2024
1p ordinary	Call option	Purchased	665,458	£1.118	European	18/11/2024
1p ordinary	Call option	Purchased	665,451	£1.118	European	03/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	04/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	05/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	06/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	07/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	10/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	11/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	12/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	13/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	14/02/2025
1p ordinary	Call option	Purchased	665,458	£1.118	European	17/02/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	01/05/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	02/05/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	06/05/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	07/05/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	08/05/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	09/05/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	12/05/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	13/05/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	14/05/2025
1p ordinary	Call option	Purchased	665,451	£1.118	European	15/05/2025
1p ordinary	Call option	Purchased	665,458	£1.118	European	16/05/2025

3.         AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

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

 

END