Form 8.5 (EPT/RI)-LondonMetric Property plc Amend

JPMorgan Securities Plc

15 February 2024

 

AMENDMENT

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:	13 February 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	949,891 1,449,175	1.9000 GBP 1.9000 GBP	1.8380 GBP 1.8386 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 long position Opening a short position	672  156  98,275  44,041  3,859  761  209  535  1,495  63,861  2,742  5,385  1,704  32,523  32,678  10,496  39,329  565  12,071  227  860  3,415  2,095  7,260  16,723  172,654  10,982  11,691  10,200  2,150  3,778  32,137  2,591  256  1  15,540  20,019  565  460  12,598  55,275  223  102  190,394  25,486  23,892	1.8451 GBP 1.8471 GBP 1.8540 GBP 1.8541 GBP 1.8550 GBP 1.8563 GBP 1.8615 GBP 1.8626 GBP 1.8631 GBP 1.8635 GBP 1.8652 GBP 1.8668 GBP 1.8728 GBP 1.8782 GBP 1.8817 GBP 1.8856 GBP 1.8889 GBP 1.8526 GBP 1.8540 GBP 1.8704 GBP 1.8886 GBP 1.8997 GBP 1.8433 GBP 1.8470 GBP 1.8538 GBP 1.8540 GBP 1.8543 GBP 1.8567 GBP 1.8572 GBP 1.8604 GBP 1.8619 GBP 1.8625 GBP 1.8679 GBP 1.8810 GBP 1.8890 GBP 1.8485 GBP 1.8497 GBP 1.8526 GBP 1.8534 GBP 1.8535 GBP 1.8611 GBP 1.8706 GBP 1.8709 GBP 1.8712 GBP 1.8769 GBP 1.8792 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 February 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