Form 8.5 (EPT/RI)-LXi REIT plc

JPMorgan Securities Plc

21 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:	20 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	1,489,288 1,393,266	1.0710 GBP 1.0650 GBP	1.0330 GBP 1.0330 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	50 1,808 193 22,727 4,782 4,589 5,699 3,559 25,616 1,348 4 9,488 5,272 1,224 13,283 203,322 891 1,213 3,558 6,915 538 1,435 14 4,401 1,460 3,495 9,792 30,355 20,766 1 11,842 3,151 204 2,805	1.0435 GBP 1.0441 GBP 1.0448 GBP 1.0457 GBP 1.0470 GBP 1.0471 GBP 1.0620 GBP 1.0622 GBP 1.0642 GBP 1.0434 GBP 1.0559 GBP 1.0560 GBP 1.0596 GBP 1.0610 GBP 1.0619 GBP 1.0620 GBP 1.0630 GBP 1.0640 GBP 1.0649 GBP 1.0500 GBP 1.0332 GBP 1.0386 GBP 1.0392 GBP 1.0407 GBP 1.0452 GBP 1.0468 GBP 1.0504 GBP 1.0506 GBP 1.0547 GBP 1.0560 GBP 1.0570 GBP 1.0571 GBP 1.0595 GBP 1.0470 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:	21 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