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

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose relevant securities this form relates:

LONDONMETRIC PROPERTY PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

LONDONMETRIC PROPERTY PLC

(d)

Date position held/dealing undertaken:

01 Mar 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 the offer?

YES: LXI REIT PLC

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

4,304,918

0.39%

11,982,619

1.10%

(2) Cash-settled derivatives:

11,336,706

1.04%

3,591,341

0.33%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

15,641,624

1.43%

15,573,960

1.42%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

10p ordinary

Sale

1526931

1.8390 GBP

1.8014 GBP

10p ordinary

Purchase

1094456

1.8390 GBP

1.8015 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

SWAP

Decreasing Long

218

1.8180 GBP

10p ordinary

SWAP

Decreasing Long

365

1.8280 GBP

10p ordinary

SWAP

Decreasing Long

400

1.8260 GBP

10p ordinary

SWAP

Decreasing Long

1,723

1.8056 GBP

10p ordinary

SWAP

Decreasing Long

1,869

1.8322 GBP

10p ordinary

SWAP

Decreasing Long

1,939

1.8274 GBP

10p ordinary

SWAP

Decreasing Long

2,343

1.8300 GBP

10p ordinary

SWAP

Decreasing Long

2,506

1.8175 GBP

10p ordinary

SWAP

Decreasing Long

4,787

1.8238 GBP

10p ordinary

SWAP

Decreasing Long

8,317

1.8124 GBP

10p ordinary

SWAP

Decreasing Long

20,210

1.8219 GBP

10p ordinary

SWAP

Decreasing Long

20,285

1.8185 GBP

10p ordinary

SWAP

Decreasing Long

42,838

1.8226 GBP

10p ordinary

SWAP

Decreasing Long

49,554

1.8233 GBP

10p ordinary

SWAP

Decreasing Long

78,970

1.8225 GBP

10p ordinary

SWAP

Decreasing Long

81,616

1.8279 GBP

10p ordinary

SWAP

Decreasing Long

177,941

1.8227 GBP

10p ordinary

SWAP

Decreasing Short

11

1.8259 GBP

10p ordinary

SWAP

Decreasing Short

15

1.8119 GBP

10p ordinary

SWAP

Decreasing Short

20

1.8274 GBP

10p ordinary

SWAP

Decreasing Short

107

1.8129 GBP

10p ordinary

SWAP

Decreasing Short

475

1.8260 GBP

10p ordinary

SWAP

Decreasing Short

525

1.8218 GBP

10p ordinary

SWAP

Decreasing Short

2,649

1.8310 GBP

10p ordinary

SWAP

Decreasing Short

2,837

1.8294 GBP

10p ordinary

SWAP

Decreasing Short

3,658

1.8286 GBP

10p ordinary

CFD

Decreasing Short

4,331

1.8254 GBP

10p ordinary

SWAP

Decreasing Short

5,279

1.8300 GBP

10p ordinary

CFD

Decreasing Short

36,860

1.8209 GBP

10p ordinary

CFD

Decreasing Short

55,934

1.8257 GBP

10p ordinary

CFD

Decreasing Short

104,721

1.8244 GBP

10p ordinary

SWAP

Decreasing Short

125,000

1.8288 GBP

10p ordinary

SWAP

Decreasing Short

125,000

1.8217 GBP

10p ordinary

SWAP

Increasing Long

311

1.8370 GBP

10p ordinary

SWAP

Increasing Long

859

1.8270 GBP

10p ordinary

SWAP

Increasing Long

978

1.8300 GBP

10p ordinary

SWAP

Increasing Long

1,113

1.8359 GBP

10p ordinary

SWAP

Increasing Long

1,516

1.8015 GBP

10p ordinary

SWAP

Increasing Long

3,120

1.8223 GBP

10p ordinary

SWAP

Increasing Long

3,583

1.8096 GBP

10p ordinary

SWAP

Increasing Long

4,430

1.8259 GBP

10p ordinary

SWAP

Increasing Long

18,765

1.8014 GBP

10p ordinary

SWAP

Increasing Long

19,899

1.8280 GBP

10p ordinary

SWAP

Increasing Long

22,619

1.8177 GBP

10p ordinary

SWAP

Increasing Long

181,988

1.8237 GBP

10p ordinary

SWAP

Increasing Long

187,062

1.8238 GBP

10p ordinary

SWAP

Increasing Short

285

1.8267 GBP

10p ordinary

SWAP

Increasing Short

463

1.8284 GBP

10p ordinary

SWAP

Increasing Short

599

1.8214 GBP

10p ordinary

SWAP

Increasing Short

800

1.8095 GBP

10p ordinary

SWAP

Increasing Short

1,214

1.8275 GBP

10p ordinary

SWAP

Increasing Short

2,448

1.8203 GBP

10p ordinary

SWAP

Increasing Short

2,926

1.8201 GBP

10p ordinary

SWAP

Increasing Short

5,106

1.8231 GBP

10p ordinary

SWAP

Increasing Short

5,705

1.8164 GBP

10p ordinary

SWAP

Increasing Short

5,780

1.8200 GBP

10p ordinary

SWAP

Increasing Short

6,843

1.8228 GBP

10p ordinary

SWAP

Increasing Short

7,365

1.8281 GBP

10p ordinary

SWAP

Increasing Short

9,826

1.8233 GBP

10p ordinary

SWAP

Increasing Short

13,598

1.8207 GBP

10p ordinary

SWAP

Increasing Short

13,646

1.8279 GBP

10p ordinary

SWAP

Increasing Short

18,734

1.8285 GBP

10p ordinary

SWAP

Increasing Short

19,705

1.8280 GBP

10p ordinary

CFD

Increasing Short

22,884

1.8279 GBP

10p ordinary

CFD

Increasing Short

23,089

1.8117 GBP

10p ordinary

SWAP

Increasing Short

28,648

1.8214 GBP

10p ordinary

CFD

Increasing Short

29,951

1.8280 GBP

10p ordinary

SWAP

Increasing Short

73,235

1.8274 GBP

10p ordinary

SWAP

Increasing Short

86,653

1.8249 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

04 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213