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

JPMorgan Securities Plc

20 December 2023

 

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	LXi REIT 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:	18 December 2023
(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, LondonMetric Property 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
1p ordinary	Purchase Sale	2,887,125 3,276,525	1.0480 GBP 1.0461 GBP	0.9863 GBP 0.9855 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
1p ordinary	Equity Swap	Decrease Long Decrease Short Increase Long Increase Short Opening a long position Opening a short position	1,521  1,637  24,694  67,116  4,285  16,636  3,322  7,171  30,834  21,578  112  2,939  3,523  4,014  123,767  5,293  99,992  7,478  157,427  5,077  4,297  806  2,832  873  3,865  42,329  5,752  132,518  20,651  53,841  81,475  291,040  21,578  927  3,181  1,278  128  9,017  5,962  96  1,530  774  807  1,071  1,869  2,565  3,262  200  54,684  39  37,999  5,875  32  130,351  2,987  3,834  57,867  2,598  71,430  1,471  2,500  20,000  20,000	0.9863 GBP 0.9871 GBP 0.9946 GBP 0.9950 GBP 1.0001 GBP 1.0022 GBP 1.0147 GBP 1.0174 GBP 1.0279 GBP 1.0354 GBP 1.0361 GBP 1.0362 GBP 0.9879 GBP 1.0166 GBP 1.0229 GBP 1.0282 GBP 1.0303 GBP 1.0313 GBP 1.0360 GBP 1.0370 GBP 1.0386 GBP 1.0390 GBP 1.0433 GBP 1.0439 GBP 1.0461 GBP 1.0238 GBP 1.0241 GBP 1.0249 GBP 1.0267 GBP 1.0270 GBP 1.0285 GBP 1.0345 GBP 1.0354 GBP 1.0360 GBP 1.0362 GBP 1.0367 GBP 0.9874 GBP 0.9878 GBP 0.9891 GBP 0.9924 GBP 0.9940 GBP 0.9945 GBP 0.9948 GBP 0.9955 GBP 0.9960 GBP 0.9965 GBP 1.0062 GBP 1.0120 GBP 1.0131 GBP 1.0167 GBP 1.0169 GBP 1.0201 GBP 1.0216 GBP 1.0332 GBP 1.0354 GBP 1.0358 GBP 1.0360 GBP 1.0361 GBP 1.0367 GBP 1.0460 GBP 1.0465 GBP 1.0299 GBP 1.0069 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:	20 December 2023
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