Form 8.5 (EPT/RI)-LondonMetric Property plc

JPMorgan Securities Plc

01 March 2024

 

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 joint Corporate Broker to LondonMetric Property Plc
(d) Date dealing undertaken:	29 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	1,174,088 948,716	1.8360 GBP 1.8380 GBP	1.7990 GBP 1.8000 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	11,766 3,916 1 434 257,757 797 4,793 1,596 10,622 43,003 5,809 4,996 1,385 948 2,392 6,935 3,482 1,196 1 2,392 82 1 2,438 175,652 7,763 1,307 5,912 43,003 2,983 5,492 42,565 2,631 3,914 3,166 7,976 1,096 2,574 31,796 75,000 1,600 266,184	1.8176 GBP 1.8223 GBP 1.8290 GBP 1.8038 GBP 1.8040 GBP 1.8115 GBP 1.8120 GBP 1.8126 GBP 1.8129 GBP 1.8149 GBP 1.8155 GBP 1.8173 GBP 1.8180 GBP 1.8190 GBP 1.8206 GBP 1.8216 GBP 1.8271 GBP 1.8289 GBP 1.8299 GBP 1.8309 GBP 1.8600 GBP 1.8180 GBP 1.8319 GBP 1.8040 GBP 1.8041 GBP 1.8110 GBP 1.8120 GBP 1.8149 GBP 1.8151 GBP 1.8153 GBP 1.8170 GBP 1.8179 GBP 1.8181 GBP 1.8187 GBP 1.8209 GBP 1.8222 GBP 1.8223 GBP 1.8225 GBP 1.8261 GBP 1.8210 GBP 1.8114 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:	1 March 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