Form 8.5 (EPT/NON-RI) - LXi REIT plc

Barclays PLC
09 January 2024
 

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

 relevant securities this form relates:

LXI REIT PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected

LONDONMETRIC PROPERTY PLC

(d)

Date position held/dealing undertaken:

08 Jan 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 the offer?

YES:

 LONDONMETRIC PROPERTY PLC

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:

4,168,583

0.24%

5,581,279

0.33%

(2) Cash-settled derivatives:

5,112,203

0.30%

3,416,002

0.20%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

9,280,786

0.54%

8,997,281

0.52%

 








(b)

Rights to subscribe for new securities (including directors and other executive 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 EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

 






Class of relevant

 security

Purchase/sale

Total number of

 securities

Highest price per unit

 paid/received

Lowest price per unit

 paid/received

1p ordinary

Purchase

253624

1.0450  GBP

1.0135  GBP

1p ordinary

Sale

437678

1.0450  GBP

1.0136  GBP

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

1p ordinary

SWAP

Closing Short

434

1.0440  GBP

1p ordinary

SWAP

Closing Short

3,743

1.0439  GBP

1p ordinary

SWAP

Decreasing Long

32

1.0410  GBP

1p ordinary

SWAP

Decreasing Long

288

1.0414  GBP

1p ordinary

SWAP

Decreasing Long

1,790

1.0270  GBP

1p ordinary

SWAP

Decreasing Long

2,061

1.0440  GBP

1p ordinary

SWAP

Decreasing Long

22,446

1.0332  GBP

1p ordinary

SWAP

Decreasing Long

38,944

1.0388  GBP

1p ordinary

SWAP

Decreasing Long

66,398

1.0320  GBP

1p ordinary

SWAP

Decreasing Short

1,064

1.0330  GBP

1p ordinary

SWAP

Decreasing Short

2,000

1.0413  GBP

1p ordinary

SWAP

Decreasing Short

2,232

1.0285  GBP

1p ordinary

CFD

Decreasing Short

2,555

1.0203  GBP

1p ordinary

SWAP

Decreasing Short

6,355

1.0292  GBP

1p ordinary

SWAP

Decreasing Short

7,552

1.0169  GBP

1p ordinary

SWAP

Decreasing Short

35,310

1.0322  GBP

1p ordinary

SWAP

Decreasing Short

35,449

1.0440  GBP

1p ordinary

SWAP

Decreasing Short

36,866

1.0250  GBP

1p ordinary

SWAP

Increasing Long

1,087

1.0439  GBP

1p ordinary

SWAP

Increasing Long

2,155

1.0399  GBP

1p ordinary

SWAP

Increasing Long

3,942

1.0400  GBP

1p ordinary

SWAP

Increasing Long

11,400

1.0358  GBP

1p ordinary

SWAP

Increasing Long

30,146

1.0395  GBP

1p ordinary

SWAP

Increasing Long

57,712

1.0354  GBP

1p ordinary

SWAP

Increasing Long

61,826

1.0440  GBP

1p ordinary

SWAP

Increasing Short

1,750

1.0168  GBP

1p ordinary

CFD

Increasing Short

12,179

1.0381  GBP

 








(c)

Stock-settled derivative transactions  (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

 

 

 

 

 

 

 

 

 








(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit

 

 

 

 

 

 








(d)

Other dealings (including subscribing for new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 applicable)

 

 

 

 

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which

 any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

09 Jan 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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