Form 8.3 - UK Commercial Property REIT Limited

Barclays PLC
23 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:

22 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:

 

 

3,151,740

0.24%

3,371,561

0.26%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

2,800,951

0.22%

2,391,715

0.18%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

5,952,691

0.46%

5,763,276

0.44%

(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

255,035

0.6533  GBP

25p ordinary

Purchase

110,240

0.6526  GBP

25p ordinary

Purchase

88,851

0.6527  GBP

25p ordinary

Purchase

87,668

0.6550  GBP

25p ordinary

Purchase

44,309

0.6516  GBP

25p ordinary

Purchase

39,819

0.6573  GBP

25p ordinary

Purchase

39,168

0.6544  GBP

25p ordinary

Purchase

36,367

0.6560  GBP

25p ordinary

Purchase

24,695

0.6549  GBP

25p ordinary

Purchase

15,272

0.6540  GBP

25p ordinary

Purchase

5,740

0.6590  GBP

25p ordinary

Purchase

108

0.6592  GBP

25p ordinary

Purchase

44

0.6545  GBP

25p ordinary

Purchase

8

0.6510  GBP

25p ordinary

Sale

429,417

0.6539  GBP

25p ordinary

Sale

131,977

0.6556  GBP

25p ordinary

Sale

74,745

0.6550  GBP

25p ordinary

Sale

26,939

0.6548  GBP

25p ordinary

Sale

9,992

0.6500  GBP

25p ordinary

Sale

5,205

0.6540  GBP

25p ordinary

Sale

2,194

0.6560  GBP

25p ordinary

Sale

729

0.6580  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 Short

26,939

0.6548  GBP

25p ordinary

CFD

Decreasing Long

4,862

0.6540  GBP

25p ordinary

CFD

Decreasing Long

43,258

0.6550  GBP

25p ordinary

SWAP

Decreasing Short

2,194

0.6560  GBP

25p ordinary

SWAP

Decreasing Short

9,992

0.6500  GBP

25p ordinary

SWAP

Decreasing Short

27,829

0.6550  GBP

25p ordinary

CFD

Increasing Long

5,844

0.6599  GBP

25p ordinary

CFD

Increasing Long

49,820

0.6550  GBP

25p ordinary

CFD

Increasing Long

54,790

0.6559  GBP

25p ordinary

SWAP

Increasing Short

8

0.6510  GBP

25p ordinary

SWAP

Increasing Short

44

0.6545  GBP

25p ordinary

SWAP

Increasing Short

108

0.6592  GBP

25p ordinary

SWAP

Increasing Short

167

0.6550  GBP

25p ordinary

SWAP

Increasing Short

300

0.6589  GBP

25p ordinary

SWAP

Increasing Short

1,070

0.6590  GBP

25p ordinary

SWAP

Increasing Short

44,309

0.6516  GBP

25p ordinary

SWAP

Increasing Short

110,240

0.6526  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:

23 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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