Form 8.5 (EPT/RI)-LXi REIT plc

JPMorgan Securities Plc

20 December 2023

 

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:	19 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	1,813,774 1,274,776	1.0520 GBP 1.0530 GBP	1.0202 GBP 1.0210 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 short position	1,347  122,400  20,451  11  2,486  8,215  45,100  14,473  16,172  19  10,515  55  3,908  19,365  101  19,149  5,808  1  156,848  179  321,278  232  6,390  1,379  17,230  31,424  3,296  11,260  13,721  5,865  24,308  6,614  152  400  1,707  28,035  1,010  1,837  49,668  3,908  1,297  773  23,381  26,761  5,446  130,695  11,882  33  1,789  957  100  34,663  676  205,682  75,264  200,000  140,000  18,000  82,000	1.0211 GBP 1.0270 GBP 1.0285 GBP 1.0292 GBP 1.0306 GBP 1.0317 GBP 1.0318 GBP 1.0325 GBP 1.0329 GBP 1.0339 GBP 1.0344 GBP 1.0350 GBP 1.0352 GBP 1.0357 GBP 1.0369 GBP 1.0451 GBP 1.0491 GBP 1.0230 GBP 1.0270 GBP 1.0300 GBP 1.0317 GBP 1.0340 GBP 1.0366 GBP 1.0374 GBP 1.0385 GBP 1.0397 GBP 1.0399 GBP 1.0400 GBP 1.0420 GBP 1.0422 GBP 1.0429 GBP 1.0435 GBP 1.0450 GBP 1.0454 GBP 1.0478 GBP 1.0499 GBP 1.0500 GBP 1.0504 GBP 1.0321 GBP 1.0352 GBP 1.0233 GBP 1.0240 GBP 1.0243 GBP 1.0248 GBP 1.0259 GBP 1.0270 GBP 1.0271 GBP 1.0342 GBP 1.0420 GBP 1.0427 GBP 1.0440 GBP 1.0492 GBP 1.0202 GBP 1.0242 GBP 1.0272 GBP 1.0369 GBP 1.0436 GBP 1.0445 GBP 1.0456 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