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:

12 Jan 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:

3,902,823

0.36%

2,045,662

0.19%

(2) Cash-settled derivatives:

1,711,051

0.16%

3,572,839

0.33%

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

0

0.00%

0

0.00%

TOTAL:

5,613,874

0.51%

5,618,501

0.51%

(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

2117704

1.9115 GBP

1.8820 GBP

10p ordinary

Purchase

724509

1.9115 GBP

1.8630 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

Closing Long

523

1.8821 GBP

10p ordinary

SWAP

Closing Long

2,717

1.8900 GBP

10p ordinary

SWAP

Closing Long

3,501

1.8781 GBP

10p ordinary

SWAP

Closing Long

5,984

1.8932 GBP

10p ordinary

SWAP

Closing Long

6,537

1.8938 GBP

10p ordinary

SWAP

Closing Long

13,870

1.8934 GBP

10p ordinary

SWAP

Closing Long

47,122

1.8962 GBP

10p ordinary

SWAP

Closing Short

181,273

1.9015 GBP

10p ordinary

SWAP

Decreasing Long

5,426

1.9040 GBP

10p ordinary

SWAP

Decreasing Long

35,205

1.8630 GBP

10p ordinary

SWAP

Decreasing Long

47,356

1.8969 GBP

10p ordinary

SWAP

Decreasing Short

49

1.9000 GBP

10p ordinary

SWAP

Decreasing Short

61

1.9009 GBP

10p ordinary

CFD

Decreasing Short

112

1.9037 GBP

10p ordinary

SWAP

Decreasing Short

685

1.8908 GBP

10p ordinary

SWAP

Decreasing Short

698

1.8909 GBP

10p ordinary

SWAP

Decreasing Short

913

1.9020 GBP

10p ordinary

SWAP

Decreasing Short

964

1.9004 GBP

10p ordinary

SWAP

Decreasing Short

1,130

1.9023 GBP

10p ordinary

SWAP

Decreasing Short

1,409

1.9008 GBP

10p ordinary

SWAP

Decreasing Short

1,720

1.8904 GBP

10p ordinary

SWAP

Decreasing Short

2,154

1.9039 GBP

10p ordinary

SWAP

Decreasing Short

2,316

1.8901 GBP

10p ordinary

SWAP

Decreasing Short

2,360

1.9010 GBP

10p ordinary

SWAP

Decreasing Short

2,552

1.8950 GBP

10p ordinary

SWAP

Decreasing Short

3,400

1.8996 GBP

10p ordinary

SWAP

Decreasing Short

7,618

1.8959 GBP

10p ordinary

CFD

Decreasing Short

7,786

1.9038 GBP

10p ordinary

SWAP

Decreasing Short

11,554

1.9078 GBP

10p ordinary

CFD

Decreasing Short

13,982

1.9011 GBP

10p ordinary

SWAP

Decreasing Short

18,747

1.8987 GBP

10p ordinary

CFD

Decreasing Short

26,167

1.8965 GBP

10p ordinary

CFD

Decreasing Short

151,199

1.9039 GBP

10p ordinary

SWAP

Increasing Long

359

1.9024 GBP

10p ordinary

SWAP

Increasing Long

849

1.9028 GBP

10p ordinary

SWAP

Increasing Long

1,228

1.8925 GBP

10p ordinary

SWAP

Increasing Long

4,022

1.8993 GBP

10p ordinary

SWAP

Increasing Long

5,426

1.9039 GBP

10p ordinary

SWAP

Increasing Long

5,486

1.8983 GBP

10p ordinary

SWAP

Increasing Long

14,494

1.9040 GBP

10p ordinary

SWAP

Increasing Long

62,945

1.8962 GBP

10p ordinary

SWAP

Increasing Long

83,657

1.8996 GBP

10p ordinary

SWAP

Increasing Long

392,860

1.8984 GBP

10p ordinary

SWAP

Increasing Long

426,082

1.8990 GBP

10p ordinary

SWAP

Increasing Short

1,625

1.9017 GBP

10p ordinary

SWAP

Increasing Short

2,807

1.9061 GBP

10p ordinary

SWAP

Increasing Short

3,115

1.9010 GBP

10p ordinary

SWAP

Increasing Short

3,229

1.9070 GBP

10p ordinary

SWAP

Increasing Short

3,265

1.9043 GBP

10p ordinary

SWAP

Increasing Short

6,782

1.9060 GBP

10p ordinary

CFD

Increasing Short

21,205

1.8861 GBP

10p ordinary

SWAP

Increasing Short

21,700

1.8999 GBP

10p ordinary

SWAP

Increasing Short

23,610

1.9065 GBP

10p ordinary

SWAP

Increasing Short

34,808

1.9040 GBP

10p ordinary

CFD

Increasing Short

35,000

1.9011 GBP

10p ordinary

SWAP

Increasing Short

105,000

1.9019 GBP

10p ordinary

SWAP

Opening Long

4,996

1.9048 GBP

10p ordinary

SWAP

Opening Long

9,275

1.9001 GBP

10p ordinary

SWAP

Opening Long

19,374

1.9040 GBP

10p ordinary

SWAP

Opening Long

644,673

1.8991 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:

15 Jan 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213