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:

21 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:

4,172,488

0.38%

10,942,862

1.00%

(2) Cash-settled derivatives:

10,534,315

0.96%

3,821,867

0.35%

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

0

0.00%

0

0.00%

TOTAL: 

14,706,803

1.34%

14,764,729

1.35%

(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

1062627

1.9020 GBP

1.8779 GBP

10p ordinary

Purchase

1225041

1.9050 GBP

1.8778 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

Decreasing Long

283

1.8890 GBP

10p ordinary

SWAP

Decreasing Long

665

1.8949 GBP

10p ordinary

SWAP

Decreasing Long

1,717

1.8929 GBP

10p ordinary

SWAP

Decreasing Long

10,347

1.8842 GBP

10p ordinary

SWAP

Decreasing Long

65,035

1.8915 GBP

10p ordinary

SWAP

Decreasing Long

83,132

1.8909 GBP

10p ordinary

SWAP

Decreasing Long

150,877

1.8780 GBP

10p ordinary

SWAP

Decreasing Short

199

1.8869 GBP

10p ordinary

CFD

Decreasing Short

496

1.8837 GBP

10p ordinary

CFD

Decreasing Short

836

1.8943 GBP

10p ordinary

SWAP

Decreasing Short

1,263

1.8886 GBP

10p ordinary

SWAP

Decreasing Short

1,558

1.8909 GBP

10p ordinary

SWAP

Decreasing Short

2,184

1.8902 GBP

10p ordinary

SWAP

Decreasing Short

2,768

1.8951 GBP

10p ordinary

CFD

Decreasing Short

2,945

1.9005 GBP

10p ordinary

SWAP

Decreasing Short

7,734

1.8879 GBP

10p ordinary

SWAP

Decreasing Short

7,982

1.8912 GBP

10p ordinary

SWAP

Decreasing Short

8,323

1.8878 GBP

10p ordinary

CFD

Decreasing Short

19,615

1.8780 GBP

10p ordinary

SWAP

Decreasing Short

27,015

1.8898 GBP

10p ordinary

SWAP

Decreasing Short

39,354

1.8779 GBP

10p ordinary

CFD

Decreasing Short

41,988

1.8889 GBP

10p ordinary

SWAP

Decreasing Short

49,808

1.8883 GBP

10p ordinary

SWAP

Increasing Long

44

1.9030 GBP

10p ordinary

SWAP

Increasing Long

291

1.8850 GBP

10p ordinary

SWAP

Increasing Long

423

1.8960 GBP

10p ordinary

SWAP

Increasing Long

4,852

1.8932 GBP

10p ordinary

SWAP

Increasing Long

8,555

1.8961 GBP

10p ordinary

SWAP

Increasing Long

18,030

1.8799 GBP

10p ordinary

SWAP

Increasing Long

36,798

1.8947 GBP

10p ordinary

SWAP

Increasing Short

21

1.8830 GBP

10p ordinary

SWAP

Increasing Short

60

1.8895 GBP

10p ordinary

SWAP

Increasing Short

700

1.8900 GBP

10p ordinary

SWAP

Increasing Short

1,056

1.9040 GBP

10p ordinary

SWAP

Increasing Short

1,750

1.8980 GBP

10p ordinary

SWAP

Increasing Short

3,750

1.8929 GBP

10p ordinary

SWAP

Increasing Short

6,000

1.9000 GBP

10p ordinary

CFD

Increasing Short

7,064

1.8955 GBP

10p ordinary

SWAP

Increasing Short

8,730

1.8780 GBP

10p ordinary

CFD

Increasing Short

29,709

1.8952 GBP

10p ordinary

CFD

Increasing Short

33,698

1.8874 GBP

10p ordinary

SWAP

Increasing Short

38,549

1.8855 GBP

10p ordinary

SWAP

Increasing Short

98,266

1.8784 GBP

10p ordinary

SWAP

Opening Long

543

1.8876 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:

22 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213