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:

19 Jul 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 the offer?

YES: CT Property Trust Ltd

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:

1,796,303

0.18%

2,847,784

0.29%

(2) Cash-settled derivatives:

2,158,040

0.22%

1,015,179

0.10%

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

0

0.00%

0

0.00%

TOTAL: 

3,954,343

0.40%

3,862,963

0.39%

(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

Purchase

199337

1.8370 GBP

1.7806 GBP

10p ordinary

Sale

382371

1.8370 GBP

1.8108 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

16

1.8190 GBP

10p ordinary

SWAP

Decreasing Long

24

1.8366 GBP

10p ordinary

SWAP

Decreasing Long

86

1.8120 GBP

10p ordinary

SWAP

Decreasing Long

554

1.8380 GBP

10p ordinary

CFD

Decreasing Long

3,655

1.8370 GBP

10p ordinary

SWAP

Decreasing Long

6,610

1.8161 GBP

10p ordinary

SWAP

Decreasing Long

20,846

1.8049 GBP

10p ordinary

SWAP

Decreasing Long

23,100

1.8288 GBP

10p ordinary

CFD

Decreasing Long

24,207

1.7806 GBP

10p ordinary

SWAP

Decreasing Short

10,805

1.8188 GBP

10p ordinary

CFD

Increasing Long

10

1.8110 GBP

10p ordinary

SWAP

Increasing Long

550

1.8189 GBP

10p ordinary

SWAP

Increasing Long

932

1.8248 GBP

10p ordinary

CFD

Increasing Long

1,453

1.8186 GBP

10p ordinary

SWAP

Increasing Long

2,100

1.8260 GBP

10p ordinary

SWAP

Increasing Long

3,321

1.8191 GBP

10p ordinary

SWAP

Increasing Long

3,378

1.8201 GBP

10p ordinary

SWAP

Increasing Long

15,880

1.8230 GBP

10p ordinary

CFD

Increasing Long

16,897

1.8368 GBP

10p ordinary

CFD

Increasing Long

35,380

1.8305 GBP

10p ordinary

SWAP

Increasing Long

39,026

1.8297 GBP

10p ordinary

CFD

Increasing Long

44,596

1.8370 GBP

10p ordinary

SWAP

Increasing Long

90,626

1.8369 GBP

10p ordinary

SWAP

Increasing Short

666

1.8150 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:

20 Jul 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213