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:

04 Mar 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:

3,656,278

0.33%

15,850,962

1.45%

(2) Cash-settled derivatives:

15,478,101

1.42%

3,113,739

0.28%

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

0

0.00%

0

0.00%

TOTAL: 

19,134,379

1.75%

18,964,701

1.73%

(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

7185686

1.8340 GBP

1.8030 GBP

10p ordinary

Purchase

2669494

1.8340 GBP

1.8030 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

4,621

1.8340 GBP

10p ordinary

SWAP

Closing Long

6,324

1.8327 GBP

10p ordinary

SWAP

Closing Long

14,334

1.8152 GBP

10p ordinary

SWAP

Closing Short

27

1.8060 GBP

10p ordinary

SWAP

Closing Short

167

1.8140 GBP

10p ordinary

CFD

Closing Short

379

1.8281 GBP

10p ordinary

SWAP

Closing Short

8,392

1.8130 GBP

10p ordinary

CFD

Closing Short

14,624

1.8340 GBP

10p ordinary

CFD

Closing Short

41,249

1.8057 GBP

10p ordinary

SWAP

Decreasing Long

729

1.8122 GBP

10p ordinary

SWAP

Decreasing Long

1,176

1.8090 GBP

10p ordinary

SWAP

Decreasing Long

1,338

1.8217 GBP

10p ordinary

SWAP

Decreasing Long

1,978

1.8053 GBP

10p ordinary

SWAP

Decreasing Long

6,002

1.8165 GBP

10p ordinary

SWAP

Decreasing Long

63,924

1.8116 GBP

10p ordinary

SWAP

Decreasing Long

110,736

1.8112 GBP

10p ordinary

SWAP

Decreasing Short

200

1.8069 GBP

10p ordinary

SWAP

Increasing Long

526

1.8150 GBP

10p ordinary

SWAP

Increasing Long

1,210

1.8060 GBP

10p ordinary

SWAP

Increasing Long

1,247

1.8187 GBP

10p ordinary

SWAP

Increasing Long

3,370

1.8270 GBP

10p ordinary

SWAP

Increasing Long

8,611

1.8277 GBP

10p ordinary

SWAP

Increasing Long

383,143

1.8268 GBP

10p ordinary

SWAP

Increasing Long

1,004,462

1.8339 GBP

10p ordinary

SWAP

Increasing Long

2,347,644

1.8340 GBP

10p ordinary

SWAP

Increasing Short

509

1.8187 GBP

10p ordinary

SWAP

Increasing Short

2,915

1.8094 GBP

10p ordinary

SWAP

Increasing Short

7,992

1.8034 GBP

10p ordinary

SWAP

Increasing Short

21,400

1.8051 GBP

10p ordinary

SWAP

Increasing Short

24,565

1.8340 GBP

10p ordinary

SWAP

Increasing Short

39,900

1.8168 GBP

10p ordinary

SWAP

Opening Long

704

1.8049 GBP

10p ordinary

SWAP

Opening Long

747

1.8108 GBP

10p ordinary

CFD

Opening Long

1,191

1.8129 GBP

10p ordinary

CFD

Opening Long

2,895

1.8232 GBP

10p ordinary

SWAP

Opening Long

4,026

1.8074 GBP

10p ordinary

SWAP

Opening Long

5,576

1.8068 GBP

10p ordinary

CFD

Opening Long

5,790

1.8266 GBP

10p ordinary

CFD

Opening Long

14,000

1.8145 GBP

10p ordinary

SWAP

Opening Long

14,923

1.8056 GBP

10p ordinary

SWAP

Opening Long

15,174

1.8060 GBP

10p ordinary

SWAP

Opening Long

24,757

1.8126 GBP

10p ordinary

SWAP

Opening Long

31,278

1.8069 GBP

10p ordinary

CFD

Opening Long

34,370

1.8085 GBP

10p ordinary

SWAP

Opening Long

38,504

1.8078 GBP

10p ordinary

SWAP

Opening Long

38,804

1.8102 GBP

10p ordinary

CFD

Opening Long

53,810

1.8149 GBP

10p ordinary

SWAP

Opening Long

158,321

1.8339 GBP

10p ordinary

CFD

Opening Long

204,506

1.8338 GBP

10p ordinary

CFD

Opening Long

528,357

1.8340 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:

05 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213