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:

08 Feb 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:

3,197,428

0.29%

10,533,470

0.96%

(2) Cash-settled derivatives:

10,127,791

0.93%

2,870,471

0.26%

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

0

0.00%

0

0.00%

TOTAL:

13,325,219

1.22%

13,403,941

1.23%

(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

518429

1.9090 GBP

1.8769 GBP

10p ordinary

Purchase

219823

1.9261 GBP

1.8766 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

285

1.8770 GBP

10p ordinary

SWAP

Closing Long

2,408

1.8987 GBP

10p ordinary

SWAP

Decreasing Long

450

1.8960 GBP

10p ordinary

SWAP

Decreasing Long

497

1.8892 GBP

10p ordinary

SWAP

Decreasing Long

1,302

1.8990 GBP

10p ordinary

SWAP

Decreasing Long

2,580

1.9054 GBP

10p ordinary

SWAP

Decreasing Long

5,320

1.8824 GBP

10p ordinary

SWAP

Decreasing Long

12,535

1.9261 GBP

10p ordinary

SWAP

Decreasing Long

13,230

1.8885 GBP

10p ordinary

SWAP

Decreasing Long

13,653

1.8884 GBP

10p ordinary

SWAP

Decreasing Short

381

1.8913 GBP

10p ordinary

SWAP

Decreasing Short

1,577

1.8893 GBP

10p ordinary

CFD

Decreasing Short

1,882

1.9027 GBP

10p ordinary

SWAP

Decreasing Short

2,011

1.8899 GBP

10p ordinary

SWAP

Decreasing Short

8,937

1.9009 GBP

10p ordinary

CFD

Decreasing Short

11,796

1.8973 GBP

10p ordinary

CFD

Decreasing Short

24,312

1.8872 GBP

10p ordinary

CFD

Decreasing Short

40,083

1.8768 GBP

10p ordinary

SWAP

Increasing Long

31

1.8869 GBP

10p ordinary

SWAP

Increasing Long

90

1.8817 GBP

10p ordinary

SWAP

Increasing Long

211

1.8969 GBP

10p ordinary

SWAP

Increasing Long

957

1.9109 GBP

10p ordinary

SWAP

Increasing Long

1,676

1.9034 GBP

10p ordinary

SWAP

Increasing Long

3,548

1.9101 GBP

10p ordinary

SWAP

Increasing Long

5,272

1.8967 GBP

10p ordinary

SWAP

Increasing Long

6,101

1.8970 GBP

10p ordinary

SWAP

Increasing Long

21,711

1.8924 GBP

10p ordinary

SWAP

Increasing Long

21,871

1.8769 GBP

10p ordinary

SWAP

Increasing Long

23,607

1.8926 GBP

10p ordinary

SWAP

Increasing Long

29,521

1.8931 GBP

10p ordinary

SWAP

Increasing Long

29,746

1.8956 GBP

10p ordinary

SWAP

Increasing Long

148,657

1.8770 GBP

10p ordinary

SWAP

Increasing Short

121

1.9008 GBP

10p ordinary

SWAP

Increasing Short

200

1.9049 GBP

10p ordinary

CFD

Increasing Short

4,844

1.8804 GBP

10p ordinary

SWAP

Increasing Short

6,400

1.8915 GBP

10p ordinary

CFD

Increasing Short

13,318

1.8869 GBP

10p ordinary

CFD

Increasing Short

25,046

1.8966 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:

09 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213