Form 8.3 - UK Commercial Property REIT Limited

Barclays PLC

14 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:				Barclays PLC.
(b)	Owner or controller of interest and short
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose				UK COMMERCIAL PROPERTY REIT LTD
	relevant securities this form relates:
(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:				13 Feb 2024
(f)	In addition to the company in 1(c) above, is the discloser making				YES:
	disclosures in respect of any other party to the offer?				TRITAX BIG BOX REIT PLC
2.				POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(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:				25p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			5,033,469	0.39%	2,891,262	0.22%
(2)	Cash-settled derivatives:
	and/or controlled:			2,527,514	0.19%	4,423,536	0.34%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			7,560,983	0.58%	7,314,798	0.56%
(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)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
25p ordinary		Purchase		328,555		0.6388  GBP
25p ordinary		Purchase		174,152		0.6538  GBP
25p ordinary		Purchase		66,328		0.6367  GBP
25p ordinary		Purchase		29,100		0.6540  GBP
25p ordinary		Purchase		22,131		0.6476  GBP
25p ordinary		Purchase		13,843		0.6360  GBP
25p ordinary		Purchase		9,634		0.6510  GBP
25p ordinary		Purchase		9,066		0.6470  GBP
25p ordinary		Purchase		3,216		0.6440  GBP
25p ordinary		Purchase		1,740		0.6750  GBP
25p ordinary		Purchase		1,211		0.6410  GBP
25p ordinary		Purchase		919		0.6430  GBP
25p ordinary		Purchase		313		0.6605  GBP
25p ordinary		Sale		125,587		0.6491  GBP
25p ordinary		Sale		86,679		0.6393  GBP
25p ordinary		Sale		65,779		0.6372  GBP
25p ordinary		Sale		61,107		0.6360  GBP
25p ordinary		Sale		18,610		0.6537  GBP
25p ordinary		Sale		15,217		0.6614  GBP
25p ordinary		Sale		12,776		0.6703  GBP
25p ordinary		Sale		11,652		0.6430  GBP
25p ordinary		Sale		11,439		0.6772  GBP
25p ordinary		Sale		10,027		0.6470  GBP
25p ordinary		Sale		6,972		0.6501  GBP
25p ordinary		Sale		6,570		0.6426  GBP
25p ordinary		Sale		4,058		0.6440  GBP
25p ordinary		Sale		3,100		0.6660  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
25p ordinary		SWAP		Closing Long		313	0.6605  GBP
25p ordinary		SWAP		Closing Long		13,843	0.6360  GBP
25p ordinary		SWAP		Decreasing Short		961	0.6470  GBP
25p ordinary		SWAP		Decreasing Short		3,908	0.6590  GBP
25p ordinary		CFD		Decreasing Short		5,996	0.6629  GBP
25p ordinary		SWAP		Decreasing Short		23,582	0.6510  GBP
25p ordinary		CFD		Decreasing Short		26,215	0.6734  GBP
25p ordinary		SWAP		Decreasing Short		86,679	0.6392  GBP
25p ordinary		SWAP		Decreasing Short		125,587	0.6491  GBP
25p ordinary		SWAP		Increasing Long		88	0.6619  GBP
25p ordinary		SWAP		Increasing Long		3,100	0.6660  GBP
25p ordinary		SWAP		Increasing Long		5,225	0.6614  GBP
25p ordinary		SWAP		Increasing Short		919	0.6430  GBP
25p ordinary		SWAP		Increasing Short		1,211	0.6410  GBP
25p ordinary		SWAP		Increasing Short		3,216	0.6440  GBP
25p ordinary		CFD		Increasing Short		6,961	0.6531  GBP
25p ordinary		CFD		Increasing Short		10,776	0.6533  GBP
25p ordinary		CFD		Increasing Short		23,396	0.6675  GBP
25p ordinary		SWAP		Increasing Short		29,100	0.6540  GBP
25p ordinary		SWAP		Increasing Short		31,765	0.6486  GBP
25p ordinary		CFD		Increasing Short		81,480	0.6360  GBP
25p ordinary		SWAP		Increasing Short		105,397	0.6360  GBP
25p ordinary		SWAP		Increasing Short		107,506	0.6360  GBP
25p ordinary		SWAP		Increasing Short		174,152	0.6538  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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 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 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:				14 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END