4th Apr 2025 11:38
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 |
| LONDONMETRIC PROPERTY PLC | ||||
| relevant securities this form relates: |
| |||||
(c) | Name of the party to the offer with which exempt | HIGHCROFT INVESTMENTS PLC | |||||
| principal trader is connected |
|
| ||||
(d) | Date position held/dealing undertaken: |
| 03 Apr 2025 | ||||
(e) | In addition to the company in 1(b) above, is the exempt principal | YES: |
|
| |||
| trader making disclosures in respect of any other party to the offer? | HIGHCROFT INVESTMENTS 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: |
|
| 9,668,470 | 0.47% | 25,604,155 | 1.25% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 24,117,119 | 1.18% | 4,910,236 | 0.24% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 33,785,589 | 1.65% | 30,514,391 | 1.49% |
(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) | Purchases and sales |
|
|
|
|
| |
Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
security |
| securities | paid/received | paid/received | |||
10p ordinary | Purchase | 1,550,060 | 1.8790 GBP | 1.7993 GBP | |||
10p ordinary | Sale | 1,336,381 | 1.8801 GBP | 1.7980 GBP | |||
|
|
|
|
|
|
|
|
(b) | Cash-settled derivative transactions |
| |||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
|
| securities |
| |||
10p ordinary | SWAP | Increasing Long | 4,986 | 1.8402 GBP | |||
10p ordinary | SWAP | Increasing Long | 100 | 1.8489 GBP | |||
10p ordinary | SWAP | Increasing Long | 134,497 | 1.8634 GBP | |||
10p ordinary | SWAP | Increasing Long | 205,859 | 1.8684 GBP | |||
10p ordinary | SWAP | Increasing Long | 146,980 | 1.8688 GBP | |||
10p ordinary | SWAP | Increasing Long | 47,249 | 1.8690 GBP | |||
10p ordinary | SWAP | Increasing Long | 45,035 | 1.8706 GBP | |||
10p ordinary | SWAP | Increasing Long | 28,964 | 1.8716 GBP | |||
10p ordinary | SWAP | Increasing Long | 156,579 | 1.8718 GBP | |||
10p ordinary | SWAP | Increasing Long | 5,724 | 1.8719 GBP | |||
10p ordinary | SWAP | Increasing Long | 317,402 | 1.8720 GBP | |||
10p ordinary | SWAP | Increasing Long | 46,581 | 1.8729 GBP | |||
10p ordinary | SWAP | Increasing Long | 23,674 | 1.8734 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,887 | 1.8000 GBP | |||
10p ordinary | SWAP | Decreasing Long | 188,006 | 1.8182 GBP | |||
10p ordinary | SWAP | Decreasing Long | 34,506 | 1.8489 GBP | |||
10p ordinary | SWAP | Decreasing Long | 200,000 | 1.8490 GBP | |||
10p ordinary | SWAP | Decreasing Long | 14,570 | 1.8492 GBP | |||
10p ordinary | SWAP | Decreasing Long | 7,326 | 1.8505 GBP | |||
10p ordinary | SWAP | Decreasing Long | 151,276 | 1.8515 GBP | |||
10p ordinary | SWAP | Decreasing Long | 176,705 | 1.8533 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,699 | 1.8545 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,658 | 1.8643 GBP | |||
10p ordinary | SWAP | Decreasing Long | 64,568 | 1.8651 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,769 | 1.8668 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,013 | 1.8677 GBP | |||
10p ordinary | SWAP | Decreasing Long | 286,094 | 1.8681 GBP | |||
10p ordinary | SWAP | Decreasing Long | 7,617 | 1.8708 GBP | |||
10p ordinary | SWAP | Decreasing Long | 84,599 | 1.8720 GBP | |||
10p ordinary | SWAP | Decreasing Long | 11,608 | 1.8721 GBP | |||
10p ordinary | SWAP | Decreasing Long | 40,991 | 1.8723 GBP | |||
10p ordinary | SWAP | Decreasing Long | 17 | 1.8776 GBP | |||
10p ordinary | CFD | Decreasing Short | 66,124 | 1.8717 GBP | |||
10p ordinary | CFD | Increasing Short | 3,034 | 1.8521 GBP | |||
10p ordinary | CFD | Increasing Short | 103,757 | 1.8560 GBP | |||
10p ordinary | CFD | Increasing Short | 13,676 | 1.8717 GBP | |||
|
|
|
|
|
|
|
|
(c) | Stock-settled derivative transactions (including options) |
| |||||
(i) | Writing, selling, purchasing or varying |
| |||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
|
| paid/ |
security |
| varying etc | to which |
|
|
| received |
|
|
| option |
|
|
| per unit |
|
|
| relates |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii) | Exercising |
|
|
|
|
|
|
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
|
| securities | unit | |||
|
|
|
|
| |||
|
|
|
|
|
|
|
|
(d) | Other dealings (including subscribing for new securities) |
| |||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
|
| 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 Apr 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Shares:
BarclaysLondonMetric