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

HIGHCROFT INVESTMENTS PLC

(d)

Date position held/dealing undertaken:

31 Mar 2025

(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: 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:

8,915,164

0.44%

25,490,551

1.24%

(2) Cash-settled derivatives:

23,983,684

1.17%

4,166,287

0.20%

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

0

0.00%

0

0.00%

TOTAL: 

32,898,848

1.61%

29,656,838

1.45%

(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

1599573

1.8550 GBP

1.8149 GBP

10p ordinary

Sale

2486317

1.8550 GBP

1.8149 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

Increasing Long

145

1.8239 GBP

10p ordinary

SWAP

Increasing Long

6,733

1.8273 GBP

10p ordinary

SWAP

Increasing Long

2,211

1.8280 GBP

10p ordinary

SWAP

Increasing Long

1,397

1.8282 GBP

10p ordinary

SWAP

Increasing Long

2,250

1.8300 GBP

10p ordinary

SWAP

Increasing Long

61,831

1.8311 GBP

10p ordinary

SWAP

Increasing Long

7,771

1.8335 GBP

10p ordinary

SWAP

Increasing Long

288,488

1.8340 GBP

10p ordinary

SWAP

Increasing Long

3,526

1.8342 GBP

10p ordinary

SWAP

Increasing Long

50,725

1.8343 GBP

10p ordinary

SWAP

Increasing Long

107,041

1.8373 GBP

10p ordinary

SWAP

Increasing Long

67,033

1.8392 GBP

10p ordinary

SWAP

Increasing Long

36,042

1.8412 GBP

10p ordinary

SWAP

Increasing Long

459,076

1.8414 GBP

10p ordinary

SWAP

Increasing Long

96,792

1.8481 GBP

10p ordinary

SWAP

Increasing Long

4,650

1.8504 GBP

10p ordinary

SWAP

Decreasing Long

3,457

1.8181 GBP

10p ordinary

SWAP

Decreasing Long

9,667

1.8185 GBP

10p ordinary

SWAP

Decreasing Long

229

1.8201 GBP

10p ordinary

SWAP

Decreasing Long

8,335

1.8215 GBP

10p ordinary

SWAP

Decreasing Long

6,446

1.8229 GBP

10p ordinary

SWAP

Decreasing Long

1,500

1.8230 GBP

10p ordinary

SWAP

Decreasing Long

1,114

1.8231 GBP

10p ordinary

SWAP

Decreasing Long

1,990

1.8250 GBP

10p ordinary

SWAP

Decreasing Long

1,781

1.8259 GBP

10p ordinary

SWAP

Decreasing Long

12,244

1.8260 GBP

10p ordinary

SWAP

Decreasing Long

567

1.8284 GBP

10p ordinary

SWAP

Decreasing Long

141

1.8286 GBP

10p ordinary

SWAP

Decreasing Long

279,368

1.8334 GBP

10p ordinary

SWAP

Decreasing Long

146,161

1.8337 GBP

10p ordinary

SWAP

Decreasing Long

22,893

1.8340 GBP

10p ordinary

SWAP

Decreasing Long

7,865

1.8341 GBP

10p ordinary

SWAP

Decreasing Long

378

1.8349 GBP

10p ordinary

SWAP

Decreasing Long

808

1.8350 GBP

10p ordinary

SWAP

Decreasing Long

75,328

1.8357 GBP

10p ordinary

SWAP

Decreasing Long

757

1.8360 GBP

10p ordinary

SWAP

Decreasing Long

4,563

1.8365 GBP

10p ordinary

SWAP

Decreasing Long

73,161

1.8395 GBP

10p ordinary

CFD

Decreasing Short

55

1.8349 GBP

10p ordinary

CFD

Decreasing Short

10,714

1.8460 GBP

10p ordinary

CFD

Increasing Short

9,767

1.8265 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:

01 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213