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:

23 Jun 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:

1,834,547

0.19%

2,580,324

0.26%

(2) Cash-settled derivatives:

2,256,188

0.23%

1,275,090

0.13%

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

0

0.00%

0

0.00%

TOTAL: 

4,090,735

0.42%

3,855,414

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

344630

1.6652 GBP

1.6179 GBP

10p ordinary

Sale

137063

1.6650 GBP

1.6180 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

7,995

1.6478 GBP

10p ordinary

SWAP

Closing Long

12,312

1.6180 GBP

10p ordinary

SWAP

Decreasing Long

1,918

1.6402 GBP

10p ordinary

SWAP

Decreasing Long

2,131

1.6270 GBP

10p ordinary

CFD

Decreasing Long

2,596

1.6652 GBP

10p ordinary

SWAP

Decreasing Long

3,441

1.6553 GBP

10p ordinary

CFD

Decreasing Long

14,668

1.6181 GBP

10p ordinary

SWAP

Decreasing Long

23,017

1.6241 GBP

10p ordinary

SWAP

Decreasing Long

36,191

1.6180 GBP

10p ordinary

SWAP

Decreasing Long

206,597

1.6235 GBP

10p ordinary

SWAP

Decreasing Short

758

1.6641 GBP

10p ordinary

SWAP

Decreasing Short

15,623

1.6432 GBP

10p ordinary

SWAP

Increasing Long

88

1.6249 GBP

10p ordinary

SWAP

Increasing Long

293

1.6318 GBP

10p ordinary

CFD

Increasing Long

538

1.6421 GBP

10p ordinary

SWAP

Increasing Long

917

1.6179 GBP

10p ordinary

SWAP

Increasing Long

1,080

1.6620 GBP

10p ordinary

SWAP

Increasing Long

1,131

1.6368 GBP

10p ordinary

SWAP

Increasing Long

1,711

1.6459 GBP

10p ordinary

CFD

Increasing Long

2,058

1.6179 GBP

10p ordinary

SWAP

Increasing Long

6,409

1.6430 GBP

10p ordinary

CFD

Increasing Long

8,327

1.6434 GBP

10p ordinary

SWAP

Increasing Long

42,047

1.6289 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:

26 Jun 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213